Adjusted savings: carbon dioxide damage in Latvia
Latvia: Adjusted savings: carbon dioxide damage was 0.8% in 2021. ▼ Falling
Adjusted savings: carbon dioxide damage in Latvia, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Latvia recorded 0.8% for adjusted savings: carbon dioxide damage in 2021.
That represents a change of down 5.7% on the previous year and down 4.7% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Latvia peaked at 2.4% in 1996 and was at its lowest, 0.6%, in 2008.
That places Latvia 160th out of 204 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Adjusted savings: carbon dioxide damage in Latvia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1995 | 2.4% | — |
| 1996 | 2.4% | +1.1% |
| 1997 | 2.1% | -10.0% |
| 1998 | 1.9% | -10.1% |
| 1999 | 1.8% | -6.9% |
| 2000 | 1.6% | -9.9% |
| 2001 | 1.7% | +5.2% |
| 2002 | 1.5% | -9.1% |
| 2003 | 1.4% | -12.0% |
| 2004 | 1.2% | -12.7% |
| 2005 | 1.1% | -10.4% |
| 2006 | 1.0% | -10.3% |
| 2007 | 0.7% | -23.8% |
| 2008 | 0.6% | -15.7% |
| 2009 | 0.7% | +17.0% |
| 2010 | 1.0% | +39.9% |
| 2011 | 0.9% | -14.7% |
| 2012 | 0.8% | -2.1% |
| 2013 | 0.8% | -5.0% |
| 2014 | 0.8% | -2.4% |
| 2015 | 0.9% | +20.3% |
| 2016 | 0.9% | -2.4% |
| 2017 | 0.9% | -4.3% |
| 2018 | 0.9% | +2.8% |
| 2019 | 0.9% | +1.3% |
| 2020 | 0.9% | -4.9% |
| 2021 | 0.8% | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1% | 1.8% | 2.4% | 5 |
| 2000s | 1.2% | 0.6% | 1.7% | 10 |
| 2010s | 0.9% | 0.8% | 1.0% | 10 |
| 2020s | 0.8% | 0.8% | 0.9% | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Latvia?
- Adjusted savings: carbon dioxide damage in Latvia was 0.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Latvia?
- The highest recorded value was 2.4% in 1996.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Latvia?
- The lowest recorded value was 0.6% in 2008.
- How does Latvia rank for adjusted savings: carbon dioxide damage?
- Latvia ranks 160th out of 204 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Latvia?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. 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.