Adjusted savings: net national savings in Latvia

Latvia: Adjusted savings: net national savings was 102.61 million current US$ in 2021. ◆ Volatile

Latest (2021)
102.61 million current US$
Change on year
down 87.2%
World rank
143rd
of 176 countries
All-time high
1.78 billion current US$
in 2009
All-time low
-1.52 billion current US$
in 1995
Years of data
27
1995–2021

Adjusted savings: net national savings in Latvia, 1995–2021

-2.0B-1.0B01.0B2.0B1995200820211995: -1.5B current US$1996: -1.4B current US$1997: -1.3B current US$1998: -1.2B current US$1999: -1.4B current US$2000: -820.0M current US$2001: -576.7M current US$2002: -462.3M current US$2003: -373.4M current US$2004: -306.7M current US$2005: 240.7M current US$2006: -749.6M current US$2007: -103.8M current US$2008: 472.7M current US$2009: 1.8B current US$2010: -749.0M current US$2011: -749.8M current US$2012: -280.8M current US$2013: -809.1M current US$2014: -636.0M current US$2015: -156.5M current US$2016: -69.3M current US$2017: 307.0M current US$2018: 546.7M current US$2019: 350.8M current US$2020: 799.5M current US$2021: 102.6M current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: net national savings in Latvia is 102.61 million current US$, measured in 2021.

Compared with earlier readings it is down 87.2% on the previous year and up 113.7% over ten years.

Over the whole period, adjusted savings: net national savings in Latvia peaked at 1.78 billion current US$ in 2009 and was at its lowest, -1.52 billion current US$, in 1995.

That places Latvia 143rd out of 176 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.39 billion current US$ -1.52 billion current US$ -1.24 billion current US$ 5
2000s -90.23 million current US$ -819.96 million current US$ 1.78 billion current US$ 10
2010s -224.62 million current US$ -809.10 million current US$ 546.71 million current US$ 10
2020s 451.08 million current US$ 102.61 million current US$ 799.55 million current US$ 2

Countries ranked near Latvia

  1. 140 Guyana 125.72 million current US$ compare
  2. 141 Chad 105.56 million current US$ compare
  3. 142 Eswatini 104.31 million current US$ compare
  4. 144 Aruba 97.34 million current US$ compare
  5. 145 Kiribati 92.32 million current US$ compare
  6. 146 Comoros 88.76 million current US$ compare

See the full ranking of 176 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is adjusted savings: net national savings in Latvia?
Adjusted savings: net national savings in Latvia was 102.61 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Latvia?
The highest recorded value was 1.78 billion current US$ in 2009.
What is the lowest adjusted savings: net national savings recorded in Latvia?
The lowest recorded value was -1.52 billion current US$ in 1995.
How does Latvia rank for adjusted savings: net national savings?
Latvia ranks 143rd out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Latvia?
Over the last ten years it is up 113.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.