Annual fixed assets by economic activity and by asset — Closing in Latvia
Latvia: Annual fixed assets by economic activity and by asset — Closing was 132.85 Index in 2023. ◆ Volatile
Annual fixed assets by economic activity and by asset — Closing in Latvia, 1995–2023
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for annual fixed assets by economic activity and by asset — closing in Latvia is 132.85 Index, measured in 2023. That is the highest value across all 29 years on record.
The figure is up 10.8% on the previous year and up 73.6% over ten years.
Over the whole period, annual fixed assets by economic activity and by asset — closing in Latvia peaked at 132.85 Index in 2023 and was at its lowest, 15.72 Index, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Annual fixed assets by economic activity and by asset — Closing in Latvia, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 15.72 Index | — |
| 1996 | 16.98 Index | +8.0% |
| 1997 | 18.32 Index | +7.9% |
| 1998 | 20.34 Index | +11.0% |
| 1999 | 21.23 Index | +4.4% |
| 2000 | 21.19 Index | -0.2% |
| 2001 | 22.46 Index | +6.0% |
| 2002 | 24.46 Index | +8.9% |
| 2003 | 27.39 Index | +12.0% |
| 2004 | 32.33 Index | +18.0% |
| 2005 | 40.4 Index | +25.0% |
| 2006 | 57.11 Index | +41.4% |
| 2007 | 72.72 Index | +27.3% |
| 2008 | 76.28 Index | +4.9% |
| 2009 | 68.22 Index | -10.6% |
| 2010 | 63.13 Index | -7.5% |
| 2011 | 67.63 Index | +7.1% |
| 2012 | 73.68 Index | +8.9% |
| 2013 | 76.54 Index | +3.9% |
| 2014 | 80.45 Index | +5.1% |
| 2015 | 77.84 Index | -3.2% |
| 2016 | 81.14 Index | +4.2% |
| 2017 | 85.63 Index | +5.5% |
| 2018 | 90.38 Index | +5.5% |
| 2019 | 95.3 Index | +5.4% |
| 2020 | 100 Index | +4.9% |
| 2021 | 104.58 Index | +4.6% |
| 2022 | 119.87 Index | +14.6% |
| 2023 | 132.85 Index | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.52 Index | 15.72 Index | 21.23 Index | 5 |
| 2000s | 44.26 Index | 21.19 Index | 76.28 Index | 10 |
| 2010s | 79.17 Index | 63.13 Index | 95.3 Index | 10 |
| 2020s | 114.33 Index | 100 Index | 132.85 Index | 4 |
Countries ranked near Latvia
- 1 Ireland 157.58 Index compare
- 1 Slovenia 135.85 Index compare
- 2 Croatia 126.76 Index compare
- 2 Hungary 150.9 Index compare
- 2 Lithuania 134.23 Index compare
- 3 Czechia 142.36 Index compare
- 4 Poland 129.77 Index compare
- 4 Bulgaria 139.72 Index compare
- 5 Germany 139.38 Index compare
- 5 Estonia 128.62 Index compare
- 6 Netherlands 123.68 Index compare
- 6 Luxembourg 134.52 Index compare
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- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
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Frequently asked questions
- What is annual fixed assets by economic activity and by asset — closing in Latvia?
- Annual fixed assets by economic activity and by asset — closing in Latvia was 132.85 Index in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest annual fixed assets by economic activity and by asset — closing recorded in Latvia?
- The highest recorded value was 132.85 Index in 2023.
- What is the lowest annual fixed assets by economic activity and by asset — closing recorded in Latvia?
- The lowest recorded value was 15.72 Index in 1995.
- How does Latvia rank for annual fixed assets by economic activity and by asset — closing?
- Latvia ranks 3rd out of 6 countries with data for 2023.
- Is annual fixed assets by economic activity and by asset — closing rising or falling in Latvia?
- Over the last ten years it is up 73.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual fixed assets by economic activity and by asset — Closing balance sheet/positions/stocks. Statizoid updates them automatically from the source API.
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About this data
This table presents fixed assets (such as dwellings and other buildings, machinery and equipment, computer software and databases) by detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). Assets are shown on both gross and net bases, the net value of an asset is calculated as its gross value decreased by the value of consumption of fixed capital (depreciation). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Results are in current prices, but it is also possible to select chain linked volume and previous year price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE9A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org