National comprehensive wealth in Latvia
Latvia: National comprehensive wealth was 310.93 billion current US$ in 2020. ▲ Rising
National comprehensive wealth in Latvia, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
Latvia recorded 310.93 billion current US$ for national comprehensive wealth in 2020.
Compared with earlier readings it is up 2.4% on the previous year and up 39.4% over ten years.
Over the whole period, national comprehensive wealth in Latvia peaked at 390.84 billion current US$ in 2008 and was at its lowest, 98.64 billion current US$, in 1995.
Latvia ranks 87th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 98.64 billion current US$ | — |
| 1996 | 104.58 billion current US$ | +6.0% |
| 1997 | 101.80 billion current US$ | -2.7% |
| 1998 | 106.17 billion current US$ | +4.3% |
| 1999 | 110.41 billion current US$ | +4.0% |
| 2000 | 115.10 billion current US$ | +4.2% |
| 2001 | 111.86 billion current US$ | -2.8% |
| 2002 | 123.19 billion current US$ | +10.1% |
| 2003 | 141.85 billion current US$ | +15.1% |
| 2004 | 169.84 billion current US$ | +19.7% |
| 2005 | 197.28 billion current US$ | +16.2% |
| 2006 | 244.92 billion current US$ | +24.1% |
| 2007 | 361.44 billion current US$ | +47.6% |
| 2008 | 390.84 billion current US$ | +8.1% |
| 2009 | 269.89 billion current US$ | -30.9% |
| 2010 | 223.01 billion current US$ | -17.4% |
| 2011 | 242.80 billion current US$ | +8.9% |
| 2012 | 244.52 billion current US$ | +0.7% |
| 2013 | 256.82 billion current US$ | +5.0% |
| 2014 | 265.53 billion current US$ | +3.4% |
| 2015 | 238.64 billion current US$ | -10.1% |
| 2016 | 243.10 billion current US$ | +1.9% |
| 2017 | 264.15 billion current US$ | +8.7% |
| 2018 | 299.75 billion current US$ | +13.5% |
| 2019 | 303.65 billion current US$ | +1.3% |
| 2020 | 310.93 billion current US$ | +2.4% |
Latvia compared with similar countries
- Latvia's 310.93 billion current US$ is below the median for high income countries, which is 2.69 trillion current US$, 12% of the median. (51 countries reporting)
- Latvia's 310.93 billion current US$ is below the median for Europe & Central Asia, which is 1.02 trillion current US$, 30% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where National comprehensive wealth in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +47.6% | 244.92 billion current US$ | 361.44 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 104.32 billion current US$ | 98.64 billion current US$ | 110.41 billion current US$ | 5 |
| 2000s | 212.62 billion current US$ | 111.86 billion current US$ | 390.84 billion current US$ | 10 |
| 2010s | 258.20 billion current US$ | 223.01 billion current US$ | 303.65 billion current US$ | 10 |
| 2020s | 310.93 billion current US$ | 310.93 billion current US$ | 310.93 billion current 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 national comprehensive wealth in Latvia?
- National comprehensive wealth in Latvia was 310.93 billion current US$ in 2020, according to the World Bank.
- What is the highest national comprehensive wealth recorded in Latvia?
- The highest recorded value was 390.84 billion current US$ in 2008.
- What is the lowest national comprehensive wealth recorded in Latvia?
- The lowest recorded value was 98.64 billion current US$ in 1995.
- How does Latvia rank for national comprehensive wealth?
- Latvia ranks 87th out of 151 countries with data for 2020.
- Is national comprehensive wealth rising or falling in Latvia?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of National comprehensive wealth (current 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).