Material flow accounts - balancing items in Latvia

Latvia: Material flow accounts - balancing items was 4,368 in 2023. ▲ Rising

Latest (2023)
4,368
Change on year
up 6.1%
World rank
33rd
of 39 countries
All-time high
5,403
in 2007
All-time low
2,476
in 1999
Years of data
29
1995–2023

Material flow accounts - balancing items in Latvia, 1995–2023

02.0k4.0k6.0k1995200920231995: 2.6k1996: 2.8k1997: 2.5k1998: 2.6k1999: 2.5k2000: 3.2k2001: 3.8k2002: 3.5k2003: 3.7k2004: 4.0k2005: 3.9k2006: 4.8k2007: 5.4k2008: 5.0k2009: 4.6k2010: 5.3k2011: 4.8k2012: 4.6k2013: 4.5k2014: 4.4k2015: 4.4k2016: 4.4k2017: 4.8k2018: 5.3k2019: 5.1k2020: 3.9k2021: 4.5k2022: 4.1k2023: 4.4k

Source: Eurostat.

Analysis

Latvia recorded 4,368 for material flow accounts - balancing items in 2023.

Compared with earlier readings it is up 6.1% on the previous year and down 2.1% over ten years.

Over the whole period, material flow accounts - balancing items in Latvia peaked at 5,403 in 2007 and was at its lowest, 2,476, in 1999.

Latvia ranks 33rd of 39 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 29 years of available data.

Material flow accounts - balancing items in Latvia, year by year

Annual values for Material flow accounts - balancing items in Latvia, 1995 to 2023.
Year Value Change
1995 2,581 —
1996 2,776 +7.6%
1997 2,503 -9.9%
1998 2,625 +4.9%
1999 2,476 -5.6%
2000 3,181 +28.4%
2001 3,777 +18.7%
2002 3,490 -7.6%
2003 3,659 +4.8%
2004 4,018 +9.8%
2005 3,941 -1.9%
2006 4,757 +20.7%
2007 5,403 +13.6%
2008 5,033 -6.8%
2009 4,581 -9.0%
2010 5,311 +16.0%
2011 4,830 -9.1%
2012 4,579 -5.2%
2013 4,464 -2.5%
2014 4,429 -0.8%
2015 4,422 -0.1%
2016 4,442 +0.4%
2017 4,771 +7.4%
2018 5,325 +11.6%
2019 5,051 -5.1%
2020 3,915 -22.5%
2021 4,489 +14.7%
2022 4,119 -8.2%
2023 4,368 +6.1%

Latvia compared with similar countries

  • Latvia's 4,368 is below the median for Europe & Central Asia, which is 20,970, 21% of the median. (29 countries reporting)
  • Latvia's 4,368 is below the median for high income countries, which is 20,833, 21% of the median. (30 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,592 2,476 2,776 5
2000s 4,184 3,181 5,403 10
2010s 4,762 4,422 5,325 10
2020s 4,223 3,915 4,489 4

Countries ranked near Latvia

  1. 30 Slovenia 5,286 compare
  2. 30 Slovenia 5,286 compare
  3. 32 Luxembourg 4,534 compare
  4. 33 Latvia 4,368 compare
  5. 35 Cyprus 2,975 compare
  6. 36 Malta 2,908 compare

See the full ranking of 40 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is material flow accounts - balancing items in Latvia?
Material flow accounts - balancing items in Latvia was 4,368 in 2023, according to Eurostat.
What is the highest material flow accounts - balancing items recorded in Latvia?
The highest recorded value was 5,403 in 2007.
What is the lowest material flow accounts - balancing items recorded in Latvia?
The lowest recorded value was 2,476 in 1999.
How does Latvia rank for material flow accounts - balancing items?
Latvia ranks 33rd out of 39 countries with data for 2023.
Is material flow accounts - balancing items rising or falling in Latvia?
Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Material flow accounts - balancing items. Statizoid updates them automatically from the source API.

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Material flow accounts - balancing items in Latvia. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/material-flow-accounts-balancing-items/latvia/

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About this data

Indicator
Material flow accounts - balancing items
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,008 data points, 1990–2025
Last refreshed