Adjusted savings: net national savings in Latvia
Latvia: Adjusted savings: net national savings was 102.61 million current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in Latvia, 1995–2021
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$, in 1995.
That places Latvia 143rd out of 176 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.39 billion current US$ | -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
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
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
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.