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 150 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

025.0B50.0B75.0B100.0B1995200720201995: 94.0B real chained 2019 US$1996: 92.5B real chained 2019 US$1997: 91.3B real chained 2019 US$1998: 91.3B real chained 2019 US$1999: 91.4B real chained 2019 US$2000: 92.1B real chained 2019 US$2001: 93.5B real chained 2019 US$2002: 94.3B real chained 2019 US$2003: 95.2B real chained 2019 US$2004: 97.2B real chained 2019 US$2005: 100.0B real chained 2019 US$2006: 102.9B real chained 2019 US$2007: 106.4B real chained 2019 US$2008: 108.7B real chained 2019 US$2009: 108.3B real chained 2019 US$2010: 106.9B real chained 2019 US$2011: 106.5B real chained 2019 US$2012: 107.1B real chained 2019 US$2013: 107.3B real chained 2019 US$2014: 107.5B real chained 2019 US$2015: 107.6B real chained 2019 US$2016: 107.3B real chained 2019 US$2017: 107.4B real chained 2019 US$2018: 108.0B real chained 2019 US$2019: 108.6B real chained 2019 US$2020: 108.8B real chained 2019 US$

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

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 150 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 64 Pakistan 116.32 billion real chained 2019 US$ compare
  2. 65 Tanzania 114.48 billion real chained 2019 US$ compare
  3. 66 Slovenia 110.17 billion real chained 2019 US$ compare
  4. 68 Dominican Republic 105.30 billion real chained 2019 US$ compare
  5. 69 Kuwait 104.43 billion real chained 2019 US$ compare
  6. 70 Lithuania 95.21 billion 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 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 150 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

Indicator
Produced capital (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.