Renewable natural capital per capita, timber in Latvia

Latvia: Renewable natural capital per capita, timber was 5,001 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
5,001 real chained 2019 US$
Change on year
up 0.7%
World rank
5th
of 150 countries
All-time high
5,001 real chained 2019 US$
in 2020
All-time low
3,769 real chained 2019 US$
in 1995
Years of data
26
1995–2020

Renewable natural capital per capita, timber in Latvia, 1995–2020

02.0k4.0k6.0k1995200720201995: 3.8k real chained 2019 US$1996: 3.8k real chained 2019 US$1997: 3.9k real chained 2019 US$1998: 3.9k real chained 2019 US$1999: 3.9k real chained 2019 US$2000: 4.0k real chained 2019 US$2001: 4.0k real chained 2019 US$2002: 4.1k real chained 2019 US$2003: 4.1k real chained 2019 US$2004: 4.2k real chained 2019 US$2005: 4.2k real chained 2019 US$2006: 4.3k real chained 2019 US$2007: 4.3k real chained 2019 US$2008: 4.4k real chained 2019 US$2009: 4.4k real chained 2019 US$2010: 4.5k real chained 2019 US$2011: 4.6k real chained 2019 US$2012: 4.7k real chained 2019 US$2013: 4.7k real chained 2019 US$2014: 4.8k real chained 2019 US$2015: 4.8k real chained 2019 US$2016: 4.8k real chained 2019 US$2017: 4.9k real chained 2019 US$2018: 4.9k real chained 2019 US$2019: 5.0k real chained 2019 US$2020: 5.0k real chained 2019 US$

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, renewable natural capital per capita, timber in Latvia stood at 5,001 real chained 2019 US$. That is the highest value across all 26 years on record.

The figure is up 0.7% on the previous year and up 10.1% over ten years.

Over the whole period, renewable natural capital per capita, timber in Latvia peaked at 5,001 real chained 2019 US$ in 2020 and was at its lowest, 3,769 real chained 2019 US$, in 1995.

Latvia ranks 5th of 150 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,859 real chained 2019 US$ 3,769 real chained 2019 US$ 3,942 real chained 2019 US$ 5
2000s 4,209 real chained 2019 US$ 3,986 real chained 2019 US$ 4,445 real chained 2019 US$ 10
2010s 4,774 real chained 2019 US$ 4,543 real chained 2019 US$ 4,964 real chained 2019 US$ 10
2020s 5,001 real chained 2019 US$ 5,001 real chained 2019 US$ 5,001 real chained 2019 US$ 1

Countries ranked near Latvia

  1. 2 Solomon Islands 10,653 real chained 2019 US$ compare
  2. 3 Guyana 5,477 real chained 2019 US$ compare
  3. 4 Estonia 5,065 real chained 2019 US$ compare
  4. 6 Uruguay 4,746 real chained 2019 US$ compare
  5. 7 Malaysia 4,635 real chained 2019 US$ compare
  6. 8 Gabon 4,039 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 renewable natural capital per capita, timber in Latvia?
Renewable natural capital per capita, timber in Latvia was 5,001 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 per capita, timber recorded in Latvia?
The highest recorded value was 5,001 real chained 2019 US$ in 2020.
What is the lowest renewable natural capital per capita, timber recorded in Latvia?
The lowest recorded value was 3,769 real chained 2019 US$ in 1995.
How does Latvia rank for renewable natural capital per capita, timber?
Latvia ranks 5th out of 150 countries with data for 2020.
Is renewable natural capital per capita, timber rising or falling in Latvia?
Over the last ten years it is up 10.1%. 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 per capita, timber (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
Renewable natural capital per capita, timber (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.