Adjusted net savings, excluding particulate emission damage in Latvia
Latvia: Adjusted net savings, excluding particulate emission damage was 3.2% in 2021. ◆ Volatile
Adjusted net savings, excluding particulate emission damage in Latvia, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted net savings, excluding particulate emission damage in Latvia stood at 3.2%.
The figure is down 38.7% on the previous year and up 305.6% over ten years.
Over the whole period, adjusted net savings, excluding particulate emission damage in Latvia peaked at 10.0% in 2009 and was at its lowest, -22.4%, in 1995.
That places Latvia 118th out of 164 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net savings, excluding particulate emission damage in Latvia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1995 | -22.4% | — |
| 1996 | -20.7% | -7.3% |
| 1997 | -16.2% | -21.7% |
| 1998 | -13.5% | -16.8% |
| 1999 | -15.8% | +16.6% |
| 2000 | -7.0% | -55.8% |
| 2001 | -3.5% | -49.4% |
| 2002 | -1.5% | -56.3% |
| 2003 | 0.1% | -105.4% |
| 2004 | 1.2% | +1293.2% |
| 2005 | 4.7% | +307.9% |
| 2006 | -0.3% | -107.0% |
| 2007 | 2.9% | -988.2% |
| 2008 | 5.3% | +78.2% |
| 2009 | 10.0% | +91.1% |
| 2010 | 0.2% | -97.9% |
| 2011 | 0.8% | +283.4% |
| 2012 | 3.9% | +387.5% |
| 2013 | 2.6% | -33.2% |
| 2014 | 1.5% | -43.5% |
| 2015 | 2.9% | +101.9% |
| 2016 | 3.1% | +4.0% |
| 2017 | 4.0% | +30.5% |
| 2018 | 4.3% | +7.8% |
| 2019 | 3.9% | -9.4% |
| 2020 | 5.2% | +34.5% |
| 2021 | 3.2% | -38.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -17.7% | -22.4% | -13.5% | 5 |
| 2000s | 1.2% | -7.0% | 10.0% | 10 |
| 2010s | 2.7% | 0.2% | 4.3% | 10 |
| 2020s | 4.2% | 3.2% | 5.2% | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Exports of goods and services (current LCU), annual growth rate 2.1 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.5538 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 14,570 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.074 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4394 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,562 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.57 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2347 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 6,175 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2077 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net savings, excluding particulate emission damage in Latvia?
- Adjusted net savings, excluding particulate emission damage in Latvia was 3.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net savings, excluding particulate emission damage recorded in Latvia?
- The highest recorded value was 10.0% in 2009.
- What is the lowest adjusted net savings, excluding particulate emission damage recorded in Latvia?
- The lowest recorded value was -22.4% in 1995.
- How does Latvia rank for adjusted net savings, excluding particulate emission damage?
- Latvia ranks 118th out of 164 countries with data for 2021.
- Is adjusted net savings, excluding particulate emission damage rising or falling in Latvia?
- Over the last ten years it is up 305.6%. 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 savings, excluding particulate emission damage (% of GNI). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.