Natural resource rents in Latvia
Latvia: Natural resource rents was 1.17 in 2021. ▼ Falling
Latest (2021)
1.17
Change on year
down 8.6%
World rank
117th
of 211 countries
All-time high
2.83
in 1999
All-time low
0.7096
in 2008
Years of data
27
1995–2021
Natural resource rents in Latvia, 1995–2021
Source: Our World in Data.
Analysis
The most recent figure for natural resource rents in Latvia is 1.17, measured in 2021.
That represents a change of down 8.6% on the previous year and down 12.6% over ten years.
Over the whole period, natural resource rents in Latvia peaked at 2.83 in 1999 and was at its lowest, 0.7096, in 2008.
That places Latvia 117th out of 211 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Natural resource rents in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.44 | — |
| 1996 | 2.54 | +3.9% |
| 1997 | 2.12 | -16.5% |
| 1998 | 1.92 | -9.3% |
| 1999 | 2.83 | +47.3% |
| 2000 | 2.59 | -8.4% |
| 2001 | 2.08 | -19.7% |
| 2002 | 1.74 | -16.4% |
| 2003 | 1.75 | +0.4% |
| 2004 | 1.59 | -9.0% |
| 2005 | 1.32 | -16.9% |
| 2006 | 1.18 | -10.7% |
| 2007 | 0.9763 | -17.3% |
| 2008 | 0.7096 | -27.3% |
| 2009 | 0.8903 | +25.5% |
| 2010 | 1.28 | +44.1% |
| 2011 | 1.33 | +3.9% |
| 2012 | 1.43 | +7.4% |
| 2013 | 1.14 | -20.1% |
| 2014 | 1.13 | -1.1% |
| 2015 | 1 | -11.3% |
| 2016 | 0.9836 | -2.0% |
| 2017 | 1.21 | +22.7% |
| 2018 | 1.07 | -11.1% |
| 2019 | 1.19 | +10.8% |
| 2020 | 1.27 | +7.2% |
| 2021 | 1.17 | -8.6% |
Latvia compared with similar countries
- Latvia's 1.17 is above the median for high income countries, which is 0.1193, 9.8× the median. (82 countries reporting)
- Latvia's 1.17 is above the median for Europe & Central Asia, which is 0.395, 2.9× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.37 | 1.92 | 2.83 | 5 |
| 2000s | 1.48 | 0.7096 | 2.59 | 10 |
| 2010s | 1.18 | 0.9836 | 1.43 | 10 |
| 2020s | 1.22 | 1.17 | 1.27 | 2 |
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 natural resource rents in Latvia?
- Natural resource rents in Latvia was 1.17 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Latvia?
- The highest recorded value was 2.83 in 1999.
- What is the lowest natural resource rents recorded in Latvia?
- The lowest recorded value was 0.7096 in 2008.
- How does Latvia rank for natural resource rents?
- Latvia ranks 117th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Latvia?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).