Adjusted net national income in Latvia

Latvia: Adjusted net national income was 30.60 billion current US$ in 2021. ◆ Volatile

Latest (2021)
30.60 billion current US$
Change on year
up 13.8%
World rank
95th
of 184 countries
All-time high
30.60 billion current US$
in 2021
All-time low
3.56 billion current US$
in 1995
Years of data
27
1995–2021

Adjusted net national income in Latvia, 1995–2021

010.0B20.0B30.0B1995200820211995: 3.6B current US$1996: 3.9B current US$1997: 4.4B current US$1998: 4.8B current US$1999: 5.1B current US$2000: 5.7B current US$2001: 6.2B current US$2002: 7.2B current US$2003: 8.9B current US$2004: 10.8B current US$2005: 13.1B current US$2006: 16.1B current US$2007: 23.5B current US$2008: 27.5B current US$2009: 22.0B current US$2010: 18.1B current US$2011: 20.5B current US$2012: 20.9B current US$2013: 22.7B current US$2014: 23.8B current US$2015: 20.7B current US$2016: 21.6B current US$2017: 23.6B current US$2018: 26.5B current US$2019: 26.5B current US$2020: 26.9B current US$2021: 30.6B current US$

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

Analysis

Latvia recorded 30.60 billion current US$ for adjusted net national income in 2021. That is the highest value across all 27 years on record.

That represents a change of up 13.8% on the previous year and up 49.1% over ten years.

Over the whole period, adjusted net national income in Latvia peaked at 30.60 billion current US$ in 2021 and was at its lowest, 3.56 billion current US$, in 1995.

Latvia ranks 95th of 184 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.34 billion current US$ 3.56 billion current US$ 5.07 billion current US$ 5
2000s 14.11 billion current US$ 5.67 billion current US$ 27.54 billion current US$ 10
2010s 22.50 billion current US$ 18.14 billion current US$ 26.50 billion current US$ 10
2020s 28.74 billion current US$ 26.89 billion current US$ 30.60 billion current US$ 2

Countries ranked near Latvia

  1. 92 Libya 33.10 billion current US$ compare
  2. 93 Democratic Republic of Congo 32.50 billion current US$ compare
  3. 94 Bolivia 31.71 billion current US$ compare
  4. 96 Uganda 30.03 billion current US$ compare
  5. 97 Estonia 29.90 billion current US$ compare
  6. 98 Sudan 28.76 billion current US$ compare

See the full ranking of 231 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is adjusted net national income in Latvia?
Adjusted net national income in Latvia was 30.60 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income recorded in Latvia?
The highest recorded value was 30.60 billion current US$ in 2021.
What is the lowest adjusted net national income recorded in Latvia?
The lowest recorded value was 3.56 billion current US$ in 1995.
How does Latvia rank for adjusted net national income?
Latvia ranks 95th out of 184 countries with data for 2021.
Is adjusted net national income rising or falling in Latvia?
Over the last ten years it is up 49.1%. 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 net national income (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted net national income (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. 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.