Inability to face unexpected financial expenses in Latvia

Latvia: Inability to face unexpected financial expenses was 43.7% in 2025. ▼ Falling

Latest (2025)
43.7%
Change on year
down 3.5%
World rank
4th
of 38 countries
All-time high
80.4%
in 2011
All-time low
41.7%
in 2021
Years of data
21
2005–2025

Inability to face unexpected financial expenses in Latvia, 2005–2025

0204060802005201520252005: 71 Percentage2006: 68.6 Percentage2007: 61.3 Percentage2008: 57 Percentage2009: 71.4 Percentage2010: 78.1 Percentage2011: 80.4 Percentage2012: 73.6 Percentage2013: 69.5 Percentage2014: 67.4 Percentage2015: 60.4 Percentage2016: 60 Percentage2017: 59.9 Percentage2018: 55.3 Percentage2019: 49.8 Percentage2020: 45.6 Percentage2021: 41.7 Percentage2022: 44.1 Percentage2023: 44.8 Percentage2024: 45.3 Percentage2025: 43.7 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for inability to face unexpected financial expenses in Latvia is 43.7%, measured in 2025.

The figure is down 3.5% on the previous year and down 27.6% over ten years.

Over the whole period, inability to face unexpected financial expenses in Latvia peaked at 80.4% in 2011 and was at its lowest, 41.7%, in 2021.

Latvia ranks 4th of 38 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 65.9% 57.0% 71.4% 5
2010s 65.4% 49.8% 80.4% 10
2020s 44.2% 41.7% 45.6% 6

Countries ranked near Latvia

  1. 1 Greece 50.5% compare
  2. 2 Montenegro 49.3% compare
  3. 3 North Macedonia 45.8% compare
  4. 5 Bulgaria 42.4% compare
  5. 6 Lithuania 41.1% compare
  6. 7 Romania 37.8% compare

See the full ranking of 44 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is inability to face unexpected financial expenses in Latvia?
Inability to face unexpected financial expenses in Latvia was 43.7% in 2025, according to Eurostat.
What is the highest inability to face unexpected financial expenses recorded in Latvia?
The highest recorded value was 80.4% in 2011.
What is the lowest inability to face unexpected financial expenses recorded in Latvia?
The lowest recorded value was 41.7% in 2021.
How does Latvia rank for inability to face unexpected financial expenses?
Latvia ranks 4th out of 38 countries with data for 2025.
Is inability to face unexpected financial expenses rising or falling in Latvia?
Over the last ten years it is down 27.6%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Inability to face unexpected financial expenses. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Inability to face unexpected financial expenses
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 820 data points, 2003–2025
Last refreshed