Produced capital per capita in Latvia

Latvia: Produced capital per capita was 57,263 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
57,263 real chained 2019 US$
Change on year
up 0.9%
World rank
27th
of 150 countries
All-time high
57,263 real chained 2019 US$
in 2020
All-time low
37,532 real chained 2019 US$
in 1997
Years of data
26
1995–2020

Produced capital per capita in Latvia, 1995–2020

020.0k40.0k60.0k1995200720201995: 37.8k real chained 2019 US$1996: 37.7k real chained 2019 US$1997: 37.5k real chained 2019 US$1998: 37.9k real chained 2019 US$1999: 38.2k real chained 2019 US$2000: 38.9k real chained 2019 US$2001: 40.0k real chained 2019 US$2002: 40.8k real chained 2019 US$2003: 41.6k real chained 2019 US$2004: 43.0k real chained 2019 US$2005: 44.7k real chained 2019 US$2006: 46.4k real chained 2019 US$2007: 48.4k real chained 2019 US$2008: 49.9k real chained 2019 US$2009: 50.6k real chained 2019 US$2010: 51.0k real chained 2019 US$2011: 51.7k real chained 2019 US$2012: 52.6k real chained 2019 US$2013: 53.3k real chained 2019 US$2014: 53.9k real chained 2019 US$2015: 54.4k real chained 2019 US$2016: 54.8k real chained 2019 US$2017: 55.3k real chained 2019 US$2018: 56.1k real chained 2019 US$2019: 56.8k real chained 2019 US$2020: 57.3k real chained 2019 US$

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

In 2020, produced capital per capita in Latvia stood at 57,263 real chained 2019 US$. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 0.9% on the previous year and up 12.4% over ten years.

Over the whole period, produced capital per capita in Latvia peaked at 57,263 real chained 2019 US$ in 2020 and was at its lowest, 37,532 real chained 2019 US$, in 1997.

Latvia ranks 27th of 150 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 37,829 real chained 2019 US$ 37,532 real chained 2019 US$ 38,215 real chained 2019 US$ 5
2000s 44,423 real chained 2019 US$ 38,901 real chained 2019 US$ 50,583 real chained 2019 US$ 10
2010s 53,981 real chained 2019 US$ 50,956 real chained 2019 US$ 56,759 real chained 2019 US$ 10
2020s 57,263 real chained 2019 US$ 57,263 real chained 2019 US$ 57,263 real chained 2019 US$ 1

Countries ranked near Latvia

  1. 24 Qatar 75,951 real chained 2019 US$ compare
  2. 25 Spain 67,865 real chained 2019 US$ compare
  3. 26 Czechia 60,721 real chained 2019 US$ compare
  4. 28 Estonia 54,330 real chained 2019 US$ compare
  5. 29 Slovenia 52,404 real chained 2019 US$ compare
  6. 30 Portugal 49,687 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is produced capital per capita in Latvia?
Produced capital per capita in Latvia was 57,263 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 produced capital per capita recorded in Latvia?
The highest recorded value was 57,263 real chained 2019 US$ in 2020.
What is the lowest produced capital per capita recorded in Latvia?
The lowest recorded value was 37,532 real chained 2019 US$ in 1997.
How does Latvia rank for produced capital per capita?
Latvia ranks 27th out of 150 countries with data for 2020.
Is produced capital per capita rising or falling in Latvia?
Over the last ten years it is up 12.4%. 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 Produced capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Produced capital per capita (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.