Produced capital per capita in Latvia
Latvia: Produced capital per capita was 57,263 real chained 2019 US$ in 2020. ▲ Rising
Produced capital per capita 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$.
Analysis
In 2020, produced capital per capita in Latvia stood at 57,263 real chained 2019 US$. 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$, in 1997.
Latvia ranks 27th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital per capita in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 37,838 real chained 2019 US$ | — |
| 1996 | 37,654 real chained 2019 US$ | -0.5% |
| 1997 | 37,532 real chained 2019 US$ | -0.3% |
| 1998 | 37,902 real chained 2019 US$ | +1.0% |
| 1999 | 38,215 real chained 2019 US$ | +0.8% |
| 2000 | 38,901 real chained 2019 US$ | +1.8% |
| 2001 | 40,003 real chained 2019 US$ | +2.8% |
| 2002 | 40,829 real chained 2019 US$ | +2.1% |
| 2003 | 41,630 real chained 2019 US$ | +2.0% |
| 2004 | 42,971 real chained 2019 US$ | +3.2% |
| 2005 | 44,674 real chained 2019 US$ | +4.0% |
| 2006 | 46,366 real chained 2019 US$ | +3.8% |
| 2007 | 48,362 real chained 2019 US$ | +4.3% |
| 2008 | 49,909 real chained 2019 US$ | +3.2% |
| 2009 | 50,583 real chained 2019 US$ | +1.4% |
| 2010 | 50,956 real chained 2019 US$ | +0.7% |
| 2011 | 51,723 real chained 2019 US$ | +1.5% |
| 2012 | 52,626 real chained 2019 US$ | +1.7% |
| 2013 | 53,293 real chained 2019 US$ | +1.3% |
| 2014 | 53,902 real chained 2019 US$ | +1.1% |
| 2015 | 54,421 real chained 2019 US$ | +1.0% |
| 2016 | 54,766 real chained 2019 US$ | +0.6% |
| 2017 | 55,311 real chained 2019 US$ | +1.0% |
| 2018 | 56,051 real chained 2019 US$ | +1.3% |
| 2019 | 56,759 real chained 2019 US$ | +1.3% |
| 2020 | 57,263 real chained 2019 US$ | +0.9% |
Latvia compared with similar countries
- Latvia's 57,263 real chained 2019 US$ is below the median for high income countries, which is 60,721 real chained 2019 US$, 94% of the median. (51 countries reporting)
- Latvia's 57,263 real chained 2019 US$ is above the median for Europe & Central Asia, which is 35,852 real chained 2019 US$, 1.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37,829 real chained 2019 US$ | 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
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 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 151 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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About this data
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.