National comprehensive wealth per capita index in Latvia
Latvia: National comprehensive wealth per capita index was 161,505 real chained 2019 US$ in 2020. ▲ Rising
National comprehensive wealth per capita index 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$.
Analysis
The most recent figure for national comprehensive wealth per capita index in Latvia is 161,505 real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 25.6% over ten years.
Over the whole period, national comprehensive wealth per capita index in Latvia peaked at 161,505 real chained 2019 US$ in 2020 and was at its lowest, 114,678 real chained 2019 US$, in 1996.
That places Latvia 34th out of 150 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth per capita index in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 115,487 real chained 2019 US$ | — |
| 1996 | 114,678 real chained 2019 US$ | -0.7% |
| 1997 | 117,497 real chained 2019 US$ | +2.5% |
| 1998 | 117,732 real chained 2019 US$ | +0.2% |
| 1999 | 117,420 real chained 2019 US$ | -0.3% |
| 2000 | 118,021 real chained 2019 US$ | +0.5% |
| 2001 | 120,918 real chained 2019 US$ | +2.5% |
| 2002 | 123,427 real chained 2019 US$ | +2.1% |
| 2003 | 124,647 real chained 2019 US$ | +1.0% |
| 2004 | 126,533 real chained 2019 US$ | +1.5% |
| 2005 | 130,469 real chained 2019 US$ | +3.1% |
| 2006 | 133,507 real chained 2019 US$ | +2.3% |
| 2007 | 132,741 real chained 2019 US$ | -0.6% |
| 2008 | 136,574 real chained 2019 US$ | +2.9% |
| 2009 | 129,554 real chained 2019 US$ | -5.1% |
| 2010 | 128,629 real chained 2019 US$ | -0.7% |
| 2011 | 133,063 real chained 2019 US$ | +3.4% |
| 2012 | 138,138 real chained 2019 US$ | +3.8% |
| 2013 | 140,681 real chained 2019 US$ | +1.8% |
| 2014 | 143,856 real chained 2019 US$ | +2.3% |
| 2015 | 147,894 real chained 2019 US$ | +2.8% |
| 2016 | 150,353 real chained 2019 US$ | +1.7% |
| 2017 | 152,520 real chained 2019 US$ | +1.4% |
| 2018 | 155,408 real chained 2019 US$ | +1.9% |
| 2019 | 158,659 real chained 2019 US$ | +2.1% |
| 2020 | 161,505 real chained 2019 US$ | +1.8% |
Latvia compared with similar countries
- Latvia's 161,505 real chained 2019 US$ is below the median for high income countries, which is 272,153 real chained 2019 US$, 59% of the median. (51 countries reporting)
- Latvia's 161,505 real chained 2019 US$ is above the median for Europe & Central Asia, which is 134,849 real chained 2019 US$, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 116,563 real chained 2019 US$ | 114,678 real chained 2019 US$ | 117,732 real chained 2019 US$ | 5 |
| 2000s | 127,639 real chained 2019 US$ | 118,021 real chained 2019 US$ | 136,574 real chained 2019 US$ | 10 |
| 2010s | 144,920 real chained 2019 US$ | 128,629 real chained 2019 US$ | 158,659 real chained 2019 US$ | 10 |
| 2020s | 161,505 real chained 2019 US$ | 161,505 real chained 2019 US$ | 161,505 real chained 2019 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 per capita index in Latvia?
- National comprehensive wealth per capita index in Latvia was 161,505 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 national comprehensive wealth per capita index recorded in Latvia?
- The highest recorded value was 161,505 real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth per capita index recorded in Latvia?
- The lowest recorded value was 114,678 real chained 2019 US$ in 1996.
- How does Latvia rank for national comprehensive wealth per capita index?
- Latvia ranks 34th out of 150 countries with data for 2020.
- Is national comprehensive wealth per capita index rising or falling in Latvia?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
- 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 National comprehensive wealth per capita index (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.