Adjusted savings: net national savings (current US$) in Latvia
Latvia: Adjusted savings: net national savings (current US$) 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$, in 1995.
That places Latvia 144th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings (current US$) in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | -1.52 billion current US$ | — |
| 1996 | -1.43 billion current US$ | -6.2% |
| 1997 | -1.31 billion current US$ | -8.4% |
| 1998 | -1.24 billion current US$ | -5.4% |
| 1999 | -1.44 billion current US$ | +16.7% |
| 2000 | -819.96 million current US$ | -43.2% |
| 2001 | -576.74 million current US$ | -29.7% |
| 2002 | -462.30 million current US$ | -19.8% |
| 2003 | -373.41 million current US$ | -19.2% |
| 2004 | -306.74 million current US$ | -17.9% |
| 2005 | 240.71 million current US$ | -178.5% |
| 2006 | -749.64 million current US$ | -411.4% |
| 2007 | -103.81 million current US$ | -86.2% |
| 2008 | 472.66 million current US$ | -555.3% |
| 2009 | 1.78 billion current US$ | +275.9% |
| 2010 | -749.04 million current US$ | -142.2% |
| 2011 | -749.75 million current US$ | +0.1% |
| 2012 | -280.84 million current US$ | -62.5% |
| 2013 | -809.10 million current US$ | +188.1% |
| 2014 | -636.05 million current US$ | -21.4% |
| 2015 | -156.53 million current US$ | -75.4% |
| 2016 | -69.34 million current US$ | -55.7% |
| 2017 | 306.99 million current US$ | -542.8% |
| 2018 | 546.71 million current US$ | +78.1% |
| 2019 | 350.77 million current US$ | -35.8% |
| 2020 | 799.55 million current US$ | +127.9% |
| 2021 | 102.61 million current US$ | -87.2% |
Latvia compared with similar countries
- Latvia's 102.61 million current US$ is below the median for high income countries, which is 9.98 billion current US$, 1% of the median. (61 countries reporting)
- Latvia's 102.61 million current US$ is below the median for Europe & Central Asia, which is 9.26 billion current US$, 1% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: net national savings (current US$) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +555.3% | -103.81 million current US$ | 472.66 million current US$ |
| 2017 | +542.8% | -69.34 million current US$ | 306.99 million current US$ |
| 2006 | -411.4% | 240.71 million current US$ | -749.64 million current US$ |
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
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (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 144th out of 177 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.