Renewable natural capital, timber in Latvia
Latvia: Renewable natural capital, timber was 10.44 billion current US$ in 2020. ▲ Rising
Renewable natural capital, timber in Latvia, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for renewable natural capital, timber in Latvia is 10.44 billion current US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 9.8% on the previous year and up 47.1% over ten years.
Over the whole period, renewable natural capital, timber in Latvia peaked at 10.44 billion current US$ in 2020 and was at its lowest, 3.29 billion current US$, in 1997.
Latvia ranks 50th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, timber in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 3.77 billion current US$ | — |
| 1996 | 3.75 billion current US$ | -0.5% |
| 1997 | 3.29 billion current US$ | -12.2% |
| 1998 | 3.45 billion current US$ | +4.6% |
| 1999 | 5.07 billion current US$ | +47.1% |
| 2000 | 5.05 billion current US$ | -0.4% |
| 2001 | 4.23 billion current US$ | -16.3% |
| 2002 | 4.11 billion current US$ | -2.7% |
| 2003 | 5.06 billion current US$ | +23.0% |
| 2004 | 5.72 billion current US$ | +13.1% |
| 2005 | 5.45 billion current US$ | -4.8% |
| 2006 | 6.11 billion current US$ | +12.2% |
| 2007 | 7.19 billion current US$ | +17.7% |
| 2008 | 5.70 billion current US$ | -20.7% |
| 2009 | 5.39 billion current US$ | -5.6% |
| 2010 | 7.10 billion current US$ | +31.8% |
| 2011 | 8.24 billion current US$ | +16.2% |
| 2012 | 8.86 billion current US$ | +7.5% |
| 2013 | 7.71 billion current US$ | -13.0% |
| 2014 | 7.93 billion current US$ | +2.8% |
| 2015 | 6.37 billion current US$ | -19.6% |
| 2016 | 6.64 billion current US$ | +4.1% |
| 2017 | 8.74 billion current US$ | +31.8% |
| 2018 | 8.27 billion current US$ | -5.4% |
| 2019 | 9.50 billion current US$ | +14.9% |
| 2020 | 10.44 billion current US$ | +9.8% |
Latvia compared with similar countries
- Latvia's 10.44 billion current US$ is above the median for high income countries, which is 4.57 billion current US$, 2.3× the median. (51 countries reporting)
- Latvia's 10.44 billion current US$ is above the median for Europe & Central Asia, which is 3.65 billion current US$, 2.9× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.87 billion current US$ | 3.29 billion current US$ | 5.07 billion current US$ | 5 |
| 2000s | 5.40 billion current US$ | 4.11 billion current US$ | 7.19 billion current US$ | 10 |
| 2010s | 7.94 billion current US$ | 6.37 billion current US$ | 9.50 billion current US$ | 10 |
| 2020s | 10.44 billion current US$ | 10.44 billion current US$ | 10.44 billion current 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 renewable natural capital, timber in Latvia?
- Renewable natural capital, timber in Latvia was 10.44 billion current US$ in 2020, according to the World Bank.
- What is the highest renewable natural capital, timber recorded in Latvia?
- The highest recorded value was 10.44 billion current US$ in 2020.
- What is the lowest renewable natural capital, timber recorded in Latvia?
- The lowest recorded value was 3.29 billion current US$ in 1997.
- How does Latvia rank for renewable natural capital, timber?
- Latvia ranks 50th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Latvia?
- Over the last ten years it is up 47.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of Renewable natural capital, timber (current 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).