Produced capital in Latvia
Latvia: Produced capital was 108.83 billion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
108.83 billion real chained 2019 US$
Change on year
up 0.2%
World rank
67th
of 151 countries
All-time high
108.83 billion real chained 2019 US$
in 2020
All-time low
91.31 billion real chained 2019 US$
in 1997
Years of data
26
1995–2020
Produced capital 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$.
Analysis
Latvia recorded 108.83 billion real chained 2019 US$ for produced capital in 2020. That is the highest value across all 26 years on record.
That represents a change of up 0.2% on the previous year and up 1.8% over ten years.
Over the whole period, produced capital in Latvia peaked at 108.83 billion real chained 2019 US$ in 2020 and was at its lowest, 91.31 billion real chained 2019 US$, in 1997.
Latvia ranks 67th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 94.03 billion real chained 2019 US$ | — |
| 1996 | 92.53 billion real chained 2019 US$ | -1.6% |
| 1997 | 91.31 billion real chained 2019 US$ | -1.3% |
| 1998 | 91.35 billion real chained 2019 US$ | +0.0% |
| 1999 | 91.35 billion real chained 2019 US$ | +0.0% |
| 2000 | 92.10 billion real chained 2019 US$ | +0.8% |
| 2001 | 93.49 billion real chained 2019 US$ | +1.5% |
| 2002 | 94.32 billion real chained 2019 US$ | +0.9% |
| 2003 | 95.25 billion real chained 2019 US$ | +1.0% |
| 2004 | 97.25 billion real chained 2019 US$ | +2.1% |
| 2005 | 100.02 billion real chained 2019 US$ | +2.8% |
| 2006 | 102.86 billion real chained 2019 US$ | +2.8% |
| 2007 | 106.41 billion real chained 2019 US$ | +3.5% |
| 2008 | 108.67 billion real chained 2019 US$ | +2.1% |
| 2009 | 108.33 billion real chained 2019 US$ | -0.3% |
| 2010 | 106.88 billion real chained 2019 US$ | -1.3% |
| 2011 | 106.53 billion real chained 2019 US$ | -0.3% |
| 2012 | 107.06 billion real chained 2019 US$ | +0.5% |
| 2013 | 107.26 billion real chained 2019 US$ | +0.2% |
| 2014 | 107.47 billion real chained 2019 US$ | +0.2% |
| 2015 | 107.62 billion real chained 2019 US$ | +0.1% |
| 2016 | 107.32 billion real chained 2019 US$ | -0.3% |
| 2017 | 107.43 billion real chained 2019 US$ | +0.1% |
| 2018 | 108.02 billion real chained 2019 US$ | +0.6% |
| 2019 | 108.63 billion real chained 2019 US$ | +0.6% |
| 2020 | 108.83 billion real chained 2019 US$ | +0.2% |
Latvia compared with similar countries
- Latvia's 108.83 billion real chained 2019 US$ is below the median for high income countries, which is 571.80 billion real chained 2019 US$, 19% of the median. (51 countries reporting)
- Latvia's 108.83 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 266.29 billion real chained 2019 US$, 41% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.11 billion real chained 2019 US$ | 91.31 billion real chained 2019 US$ | 94.03 billion real chained 2019 US$ | 5 |
| 2000s | 99.87 billion real chained 2019 US$ | 92.10 billion real chained 2019 US$ | 108.67 billion real chained 2019 US$ | 10 |
| 2010s | 107.42 billion real chained 2019 US$ | 106.53 billion real chained 2019 US$ | 108.63 billion real chained 2019 US$ | 10 |
| 2020s | 108.83 billion real chained 2019 US$ | 108.83 billion real chained 2019 US$ | 108.83 billion real chained 2019 US$ | 1 |
Countries ranked near Latvia
- 64 Pakistan 116.32 billion real chained 2019 US$ compare
- 65 Tanzania 114.48 billion real chained 2019 US$ compare
- 66 Slovenia 110.17 billion real chained 2019 US$ compare
- 68 Dominican Republic 105.30 billion real chained 2019 US$ compare
- 69 Kuwait 104.43 billion real chained 2019 US$ compare
- 70 Lithuania 95.21 billion real chained 2019 US$ compare
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 in Latvia?
- Produced capital in Latvia was 108.83 billion 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 recorded in Latvia?
- The highest recorded value was 108.83 billion real chained 2019 US$ in 2020.
- What is the lowest produced capital recorded in Latvia?
- The lowest recorded value was 91.31 billion real chained 2019 US$ in 1997.
- How does Latvia rank for produced capital?
- Latvia ranks 67th out of 151 countries with data for 2020.
- Is produced capital rising or falling in Latvia?
- Over the last ten years it is up 1.8%. 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 (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.