Political Stability - Governance estimate in Latvia

Latvia: Political Stability - Governance estimate was 0.6201 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
0.6201 approx. -2.5 to +2.5
Change on year
down 26.1%
World rank
64th
of 206 countries
All-time high
0.9421 approx. -2.5 to +2.5
in 2003
All-time low
0.2495 approx. -2.5 to +2.5
in 1998
Years of data
26
1996–2024

Political Stability - Governance estimate in Latvia, 1996–2024

0.20.40.60.811996201020241996: 0.564 approx. -2.5 to +2.51998: 0.25 approx. -2.5 to +2.52000: 0.572 approx. -2.5 to +2.52002: 0.897 approx. -2.5 to +2.52003: 0.942 approx. -2.5 to +2.52004: 0.59 approx. -2.5 to +2.52005: 0.856 approx. -2.5 to +2.52006: 0.906 approx. -2.5 to +2.52007: 0.746 approx. -2.5 to +2.52008: 0.4 approx. -2.5 to +2.52009: 0.613 approx. -2.5 to +2.52010: 0.59 approx. -2.5 to +2.52011: 0.381 approx. -2.5 to +2.52012: 0.481 approx. -2.5 to +2.52013: 0.623 approx. -2.5 to +2.52014: 0.72 approx. -2.5 to +2.52015: 0.717 approx. -2.5 to +2.52016: 0.643 approx. -2.5 to +2.52017: 0.663 approx. -2.5 to +2.52018: 0.663 approx. -2.5 to +2.52019: 0.678 approx. -2.5 to +2.52020: 0.726 approx. -2.5 to +2.52021: 0.807 approx. -2.5 to +2.52022: 0.78 approx. -2.5 to +2.52023: 0.839 approx. -2.5 to +2.52024: 0.62 approx. -2.5 to +2.5

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.

Analysis

Latvia recorded 0.6201 approx. -2.5 to +2.5 for political stability - governance estimate in 2024.

The figure is down 26.1% on the previous year and down 13.9% over ten years.

Over the whole period, political stability - governance estimate in Latvia peaked at 0.9421 approx. -2.5 to +2.5 in 2003 and was at its lowest, 0.2495 approx. -2.5 to +2.5, in 1998.

That places Latvia 64th out of 206 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4066 approx. -2.5 to +2.5 0.2495 approx. -2.5 to +2.5 0.5637 approx. -2.5 to +2.5 2
2000s 0.7247 approx. -2.5 to +2.5 0.4004 approx. -2.5 to +2.5 0.9421 approx. -2.5 to +2.5 9
2010s 0.6159 approx. -2.5 to +2.5 0.381 approx. -2.5 to +2.5 0.7202 approx. -2.5 to +2.5 10
2020s 0.7545 approx. -2.5 to +2.5 0.6201 approx. -2.5 to +2.5 0.8395 approx. -2.5 to +2.5 5

Countries ranked near Latvia

  1. 61 Slovakia 0.6344 approx. -2.5 to +2.5 compare
  2. 62 Hong Kong 0.6311 approx. -2.5 to +2.5 compare
  3. 63 Oman 0.6272 approx. -2.5 to +2.5 compare
  4. 65 Sweden 0.6035 approx. -2.5 to +2.5 compare
  5. 66 Canada 0.5985 approx. -2.5 to +2.5 compare
  6. 67 Dominican Republic 0.5893 approx. -2.5 to +2.5 compare

See the full ranking of 206 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is political stability - governance estimate in Latvia?
Political stability - governance estimate in Latvia was 0.6201 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest political stability - governance estimate recorded in Latvia?
The highest recorded value was 0.9421 approx. -2.5 to +2.5 in 2003.
What is the lowest political stability - governance estimate recorded in Latvia?
The lowest recorded value was 0.2495 approx. -2.5 to +2.5 in 1998.
How does Latvia rank for political stability - governance estimate?
Latvia ranks 64th out of 206 countries with data for 2024.
Is political stability - governance estimate rising or falling in Latvia?
Over the last ten years it is down 13.9%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Political Stability - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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About this data

Indicator
Political Stability - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,229 data points, 1996–2024
Last refreshed

Political Stability (PV) captures perceptions of the extent to which political power and governance are secure from destabilization, and of the likelihood that authority will be challenged or altered through violent, coercive, or unconstitutional means. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.