Human capital per capita in Latvia
Latvia: Human capital per capita was 95,696 real chained 2019 US$ in 2020. ▲ Rising
Human capital per capita in Latvia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Latvia recorded 95,696 real chained 2019 US$ for human capital per capita in 2020. That is the highest value across all 26 years on record.
That represents a change of up 1.7% on the previous year and up 26.2% over ten years.
Over the whole period, human capital per capita in Latvia peaked at 95,696 real chained 2019 US$ in 2020 and was at its lowest, 65,747 real chained 2019 US$, in 1996.
Latvia ranks 37th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital per capita in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 66,641 real chained 2019 US$ | — |
| 1996 | 65,747 real chained 2019 US$ | -1.3% |
| 1997 | 71,208 real chained 2019 US$ | +8.3% |
| 1998 | 71,606 real chained 2019 US$ | +0.6% |
| 1999 | 71,184 real chained 2019 US$ | -0.6% |
| 2000 | 69,735 real chained 2019 US$ | -2.0% |
| 2001 | 71,709 real chained 2019 US$ | +2.8% |
| 2002 | 74,559 real chained 2019 US$ | +4.0% |
| 2003 | 75,854 real chained 2019 US$ | +1.7% |
| 2004 | 77,520 real chained 2019 US$ | +2.2% |
| 2005 | 79,873 real chained 2019 US$ | +3.0% |
| 2006 | 85,415 real chained 2019 US$ | +6.9% |
| 2007 | 88,220 real chained 2019 US$ | +3.3% |
| 2008 | 88,836 real chained 2019 US$ | +0.7% |
| 2009 | 78,315 real chained 2019 US$ | -11.8% |
| 2010 | 75,811 real chained 2019 US$ | -3.2% |
| 2011 | 79,242 real chained 2019 US$ | +4.5% |
| 2012 | 82,317 real chained 2019 US$ | +3.9% |
| 2013 | 85,146 real chained 2019 US$ | +3.4% |
| 2014 | 86,056 real chained 2019 US$ | +1.1% |
| 2015 | 88,285 real chained 2019 US$ | +2.6% |
| 2016 | 89,169 real chained 2019 US$ | +1.0% |
| 2017 | 90,873 real chained 2019 US$ | +1.9% |
| 2018 | 92,508 real chained 2019 US$ | +1.8% |
| 2019 | 94,089 real chained 2019 US$ | +1.7% |
| 2020 | 95,696 real chained 2019 US$ | +1.7% |
Latvia compared with similar countries
- Latvia's 95,696 real chained 2019 US$ is below the median for high income countries, which is 174,393 real chained 2019 US$, 55% of the median. (51 countries reporting)
- Latvia's 95,696 real chained 2019 US$ is above the median for Europe & Central Asia, which is 95,696 real chained 2019 US$, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69,277 real chained 2019 US$ | 65,747 real chained 2019 US$ | 71,606 real chained 2019 US$ | 5 |
| 2000s | 79,004 real chained 2019 US$ | 69,735 real chained 2019 US$ | 88,836 real chained 2019 US$ | 10 |
| 2010s | 86,349 real chained 2019 US$ | 75,811 real chained 2019 US$ | 94,089 real chained 2019 US$ | 10 |
| 2020s | 95,696 real chained 2019 US$ | 95,696 real chained 2019 US$ | 95,696 real chained 2019 US$ | 1 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is human capital per capita in Latvia?
- Human capital per capita in Latvia was 95,696 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital per capita recorded in Latvia?
- The highest recorded value was 95,696 real chained 2019 US$ in 2020.
- What is the lowest human capital per capita recorded in Latvia?
- The lowest recorded value was 65,747 real chained 2019 US$ in 1996.
- How does Latvia rank for human capital per capita?
- Latvia ranks 37th out of 151 countries with data for 2020.
- Is human capital per capita rising or falling in Latvia?
- Over the last ten years it is up 26.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.