Adjusted savings: consumption of fixed capital (current US$), per in Latvia
Latvia: Adjusted savings: consumption of fixed capital (current US$), per was 0.2225 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: consumption of fixed capital (current US$), per in Latvia, 1995–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 0.2225 current US$ per US$ of GDP for adjusted savings: consumption of fixed capital (current us$), per in 2021.
The figure is down 3.5% on the previous year and down 14.3% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital (current us$), per in Latvia peaked at 0.4043 current US$ per US$ of GDP in 1995 and was at its lowest, 0.2214 current US$ per US$ of GDP, in 2018.
Latvia ranks 8th of 207 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 27 years of available data.
Adjusted savings: consumption of fixed capital (current US$), per in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.4043 current US$ per US$ of GDP | — |
| 1996 | 0.3722 current US$ per US$ of GDP | -8.0% |
| 1997 | 0.3493 current US$ per US$ of GDP | -6.1% |
| 1998 | 0.3414 current US$ per US$ of GDP | -2.3% |
| 1999 | 0.3263 current US$ per US$ of GDP | -4.4% |
| 2000 | 0.2939 current US$ per US$ of GDP | -9.9% |
| 2001 | 0.266 current US$ per US$ of GDP | -9.5% |
| 2002 | 0.2585 current US$ per US$ of GDP | -2.8% |
| 2003 | 0.2523 current US$ per US$ of GDP | -2.4% |
| 2004 | 0.2383 current US$ per US$ of GDP | -5.6% |
| 2005 | 0.2289 current US$ per US$ of GDP | -3.9% |
| 2006 | 0.2391 current US$ per US$ of GDP | +4.4% |
| 2007 | 0.226 current US$ per US$ of GDP | -5.5% |
| 2008 | 0.2298 current US$ per US$ of GDP | +1.7% |
| 2009 | 0.2419 current US$ per US$ of GDP | +5.2% |
| 2010 | 0.2577 current US$ per US$ of GDP | +6.6% |
| 2011 | 0.2598 current US$ per US$ of GDP | +0.8% |
| 2012 | 0.2579 current US$ per US$ of GDP | -0.7% |
| 2013 | 0.2534 current US$ per US$ of GDP | -1.8% |
| 2014 | 0.2512 current US$ per US$ of GDP | -0.9% |
| 2015 | 0.245 current US$ per US$ of GDP | -2.5% |
| 2016 | 0.2374 current US$ per US$ of GDP | -3.1% |
| 2017 | 0.2302 current US$ per US$ of GDP | -3.0% |
| 2018 | 0.2214 current US$ per US$ of GDP | -3.8% |
| 2019 | 0.2219 current US$ per US$ of GDP | +0.3% |
| 2020 | 0.2306 current US$ per US$ of GDP | +3.9% |
| 2021 | 0.2225 current US$ per US$ of GDP | -3.5% |
Latvia compared with similar countries
- Latvia's 0.2225 current US$ per US$ of GDP is above the median for high income countries, which is 0.1446 current US$ per US$ of GDP, 1.5× the median. (76 countries reporting)
- Latvia's 0.2225 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1555 current US$ per US$ of GDP, 1.4× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3587 current US$ per US$ of GDP | 0.3263 current US$ per US$ of GDP | 0.4043 current US$ per US$ of GDP | 5 |
| 2000s | 0.2475 current US$ per US$ of GDP | 0.226 current US$ per US$ of GDP | 0.2939 current US$ per US$ of GDP | 10 |
| 2010s | 0.2436 current US$ per US$ of GDP | 0.2214 current US$ per US$ of GDP | 0.2598 current US$ per US$ of GDP | 10 |
| 2020s | 0.2266 current US$ per US$ of GDP | 0.2225 current US$ per US$ of GDP | 0.2306 current US$ per US$ of GDP | 2 |
Countries ranked near Latvia
- 5 Turkmenistan 0.2296 current US$ per US$ of GDP compare
- 6 Switzerland 0.2276 current US$ per US$ of GDP compare
- 7 Liberia 0.2241 current US$ per US$ of GDP compare
- 9 Mozambique 0.222 current US$ per US$ of GDP compare
- 10 Congo 0.2219 current US$ per US$ of GDP compare
- 11 San Marino 0.2198 current US$ per US$ of GDP compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital (current us$), per in Latvia?
- Adjusted savings: consumption of fixed capital (current us$), per in Latvia was 0.2225 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: consumption of fixed capital (current us$), per recorded in Latvia?
- The highest recorded value was 0.4043 current US$ per US$ of GDP in 1995.
- What is the lowest adjusted savings: consumption of fixed capital (current us$), per recorded in Latvia?
- The lowest recorded value was 0.2214 current US$ per US$ of GDP in 2018.
- How does Latvia rank for adjusted savings: consumption of fixed capital (current us$), per?
- Latvia ranks 8th out of 207 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital (current us$), per rising or falling in Latvia?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: consumption of fixed capital (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: consumption of fixed capital (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: consumption of fixed capital (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: consumption of fixed capital Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: consumption of fixed capital (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.