Human capital in Latvia
Latvia: Human capital was 181.87 billion real chained 2019 US$ in 2020. ▬ Flat
Latest (2020)
181.87 billion real chained 2019 US$
Change on year
up 1.0%
World rank
87th
of 151 countries
All-time high
194.11 billion real chained 2019 US$
in 2007
All-time low
159.02 billion real chained 2019 US$
in 2010
Years of data
26
1995–2020
Human capital 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$.
Analysis
In 2020, human capital in Latvia stood at 181.87 billion real chained 2019 US$.
The figure is up 1.0% on the previous year and up 14.4% over ten years.
Over the whole period, human capital in Latvia peaked at 194.11 billion real chained 2019 US$ in 2007 and was at its lowest, 159.02 billion real chained 2019 US$, in 2010.
Latvia ranks 87th of 151 countries on this measure, in the middle of the range.
Human capital in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 165.61 billion real chained 2019 US$ | — |
| 1996 | 161.56 billion real chained 2019 US$ | -2.4% |
| 1997 | 173.24 billion real chained 2019 US$ | +7.2% |
| 1998 | 172.57 billion real chained 2019 US$ | -0.4% |
| 1999 | 170.16 billion real chained 2019 US$ | -1.4% |
| 2000 | 165.10 billion real chained 2019 US$ | -3.0% |
| 2001 | 167.60 billion real chained 2019 US$ | +1.5% |
| 2002 | 172.24 billion real chained 2019 US$ | +2.8% |
| 2003 | 173.55 billion real chained 2019 US$ | +0.8% |
| 2004 | 175.44 billion real chained 2019 US$ | +1.1% |
| 2005 | 178.82 billion real chained 2019 US$ | +1.9% |
| 2006 | 189.48 billion real chained 2019 US$ | +6.0% |
| 2007 | 194.11 billion real chained 2019 US$ | +2.4% |
| 2008 | 193.42 billion real chained 2019 US$ | -0.4% |
| 2009 | 167.72 billion real chained 2019 US$ | -13.3% |
| 2010 | 159.02 billion real chained 2019 US$ | -5.2% |
| 2011 | 163.22 billion real chained 2019 US$ | +2.6% |
| 2012 | 167.46 billion real chained 2019 US$ | +2.6% |
| 2013 | 171.37 billion real chained 2019 US$ | +2.3% |
| 2014 | 171.58 billion real chained 2019 US$ | +0.1% |
| 2015 | 174.59 billion real chained 2019 US$ | +1.8% |
| 2016 | 174.73 billion real chained 2019 US$ | +0.1% |
| 2017 | 176.50 billion real chained 2019 US$ | +1.0% |
| 2018 | 178.28 billion real chained 2019 US$ | +1.0% |
| 2019 | 180.07 billion real chained 2019 US$ | +1.0% |
| 2020 | 181.87 billion real chained 2019 US$ | +1.0% |
Latvia compared with similar countries
- Latvia's 181.87 billion real chained 2019 US$ is below the median for high income countries, which is 1.56 trillion real chained 2019 US$, 12% of the median. (51 countries reporting)
- Latvia's 181.87 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 28% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 168.63 billion real chained 2019 US$ | 161.56 billion real chained 2019 US$ | 173.24 billion real chained 2019 US$ | 5 |
| 2000s | 177.75 billion real chained 2019 US$ | 165.10 billion real chained 2019 US$ | 194.11 billion real chained 2019 US$ | 10 |
| 2010s | 171.68 billion real chained 2019 US$ | 159.02 billion real chained 2019 US$ | 180.07 billion real chained 2019 US$ | 10 |
| 2020s | 181.87 billion real chained 2019 US$ | 181.87 billion real chained 2019 US$ | 181.87 billion real chained 2019 US$ | 1 |
Countries ranked near Latvia
- 84 Iceland 215.10 billion real chained 2019 US$ compare
- 85 Estonia 186.48 billion real chained 2019 US$ compare
- 86 Lebanon 182.53 billion real chained 2019 US$ compare
- 88 Tunisia 178.80 billion real chained 2019 US$ compare
- 89 Honduras 175.64 billion real chained 2019 US$ compare
- 90 Zambia 171.62 billion real chained 2019 US$ compare
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 in Latvia?
- Human capital in Latvia was 181.87 billion 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 recorded in Latvia?
- The highest recorded value was 194.11 billion real chained 2019 US$ in 2007.
- What is the lowest human capital recorded in Latvia?
- The lowest recorded value was 159.02 billion real chained 2019 US$ in 2010.
- How does Latvia rank for human capital?
- Latvia ranks 87th out of 151 countries with data for 2020.
- Is human capital rising or falling in Latvia?
- Over the last ten years it is up 14.4%. The long-run trend across the full record is flat.
- 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 (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.