Renewable natural capital, agricultural land in Latvia

Latvia: Renewable natural capital, agricultural land was 12.54 billion real chained 2019 US$ in 2020. β–² Rising

Latest (2020)
12.54 billion real chained 2019 US$
Change on year
up 0.5%
World rank
107th
of 151 countries
All-time high
12.54 billion real chained 2019 US$
in 2020
All-time low
10.07 billion real chained 2019 US$
in 2001
Years of data
26
1995–2020

Renewable natural capital, agricultural land in Latvia, 1995–2020

05.0B10.0B15.0B1995200720201995: 11.7B real chained 2019 US$1996: 11.9B real chained 2019 US$1997: 11.3B real chained 2019 US$1998: 11.1B real chained 2019 US$1999: 10.3B real chained 2019 US$2000: 10.1B real chained 2019 US$2001: 10.1B real chained 2019 US$2002: 10.2B real chained 2019 US$2003: 10.1B real chained 2019 US$2004: 10.5B real chained 2019 US$2005: 11.0B real chained 2019 US$2006: 11.8B real chained 2019 US$2007: 11.7B real chained 2019 US$2008: 11.6B real chained 2019 US$2009: 11.7B real chained 2019 US$2010: 11.5B real chained 2019 US$2011: 11.6B real chained 2019 US$2012: 11.7B real chained 2019 US$2013: 12.0B real chained 2019 US$2014: 11.9B real chained 2019 US$2015: 12.0B real chained 2019 US$2016: 12.3B real chained 2019 US$2017: 12.3B real chained 2019 US$2018: 12.3B real chained 2019 US$2019: 12.5B real chained 2019 US$2020: 12.5B real chained 2019 US$

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 12.54 billion real chained 2019 US$ for renewable natural capital, agricultural land in 2020. That is the highest value across all 26 years on record.

The figure is up 0.5% on the previous year and up 9.1% over ten years.

Over the whole period, renewable natural capital, agricultural land in Latvia peaked at 12.54 billion real chained 2019 US$ in 2020 and was at its lowest, 10.07 billion real chained 2019 US$, in 2001.

That places Latvia 107th out of 151 countries with data for 2020, 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 11.26 billion real chained 2019 US$ 10.30 billion real chained 2019 US$ 11.93 billion real chained 2019 US$ 5
2000s 10.87 billion real chained 2019 US$ 10.07 billion real chained 2019 US$ 11.81 billion real chained 2019 US$ 10
2010s 12.01 billion real chained 2019 US$ 11.49 billion real chained 2019 US$ 12.48 billion real chained 2019 US$ 10
2020s 12.54 billion real chained 2019 US$ 12.54 billion real chained 2019 US$ 12.54 billion real chained 2019 US$ 1

Countries ranked near Latvia

  1. 104 Norway 14.37 billion real chained 2019 US$ compare
  2. 105 Austria 13.66 billion real chained 2019 US$ compare
  3. 106 Bolivia 13.62 billion real chained 2019 US$ compare
  4. 108 El Salvador 12.43 billion real chained 2019 US$ compare
  5. 109 United Arab Emirates 12.37 billion real chained 2019 US$ compare
  6. 110 Central African Republic 12.18 billion real chained 2019 US$ compare

See the full ranking of 151 places β†’

More reference data data for Latvia

All data for Latvia β†’

Frequently asked questions

What is renewable natural capital, agricultural land in Latvia?
Renewable natural capital, agricultural land in Latvia was 12.54 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 renewable natural capital, agricultural land recorded in Latvia?
The highest recorded value was 12.54 billion real chained 2019 US$ in 2020.
What is the lowest renewable natural capital, agricultural land recorded in Latvia?
The lowest recorded value was 10.07 billion real chained 2019 US$ in 2001.
How does Latvia rank for renewable natural capital, agricultural land?
Latvia ranks 107th out of 151 countries with data for 2020.
Is renewable natural capital, agricultural land rising or falling in Latvia?
Over the last ten years it is up 9.1%. 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 Renewable natural capital, agricultural land (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Renewable natural capital, agricultural land in Latvia. Statizoid, drawing on 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. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-agricultural-land-real-chained-2019-us/latvia/

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About this data

Indicator
Renewable natural capital, agricultural land (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

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.