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 47 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
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 47 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Inability to face unexpected financial expenses in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2005 | 71.0% | — |
| 2006 | 68.6% | -3.4% |
| 2007 | 61.3% | -10.6% |
| 2008 | 57.0% | -7.0% |
| 2009 | 71.4% | +25.3% |
| 2010 | 78.1% | +9.4% |
| 2011 | 80.4% | +2.9% |
| 2012 | 73.6% | -8.5% |
| 2013 | 69.5% | -5.6% |
| 2014 | 67.4% | -3.0% |
| 2015 | 60.4% | -10.4% |
| 2016 | 60.0% | -0.7% |
| 2017 | 59.9% | -0.2% |
| 2018 | 55.3% | -7.7% |
| 2019 | 49.8% | -9.9% |
| 2020 | 45.6% | -8.4% |
| 2021 | 41.7% | -8.6% |
| 2022 | 44.1% | +5.8% |
| 2023 | 44.8% | +1.6% |
| 2024 | 45.3% | +1.1% |
| 2025 | 43.7% | -3.5% |
Latvia compared with similar countries
- Latvia's 43.7% is above the median for Europe & Central Asia, which is 29.9%, 1.5× the median. (34 countries reporting)
- Latvia's 43.7% is above the median for high income countries, which is 28.0%, 1.6× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 47 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).