Annual national net lending/net borrowing, US $, current prices in Latvia
Latvia: Annual national net lending/net borrowing, US $, current prices was -241.09 US dollars, PPP converted in 2024. ◆ Volatile
Annual national net lending/net borrowing, US $, current prices in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
Latvia recorded -241.09 US dollars, PPP converted for annual national net lending/net borrowing, us $, current prices in 2024.
Compared with earlier readings it is up 84.4% on the previous year and down 134.7% over ten years.
Over the whole period, annual national net lending/net borrowing, us $, current prices in Latvia peaked at 3,477 US dollars, PPP converted in 2009 and was at its lowest, -7,057 US dollars, PPP converted, in 2007.
The series is highly variable year to year, so single readings are best treated with caution.
Annual national net lending/net borrowing, US $, current prices in Latvia, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1995 | -381.51 US dollars, PPP converted | — |
| 1996 | -979.55 US dollars, PPP converted | +156.8% |
| 1997 | -1,098 US dollars, PPP converted | +12.1% |
| 1998 | -1,626 US dollars, PPP converted | +48.1% |
| 1999 | -1,670 US dollars, PPP converted | +2.7% |
| 2000 | -990.34 US dollars, PPP converted | -40.7% |
| 2001 | -1,649 US dollars, PPP converted | +66.5% |
| 2002 | -1,598 US dollars, PPP converted | -3.1% |
| 2003 | -1,921 US dollars, PPP converted | +20.2% |
| 2004 | -2,989 US dollars, PPP converted | +55.6% |
| 2005 | -3,119 US dollars, PPP converted | +4.3% |
| 2006 | -6,486 US dollars, PPP converted | +108.0% |
| 2007 | -7,057 US dollars, PPP converted | +8.8% |
| 2008 | -4,278 US dollars, PPP converted | -39.4% |
| 2009 | 3,477 US dollars, PPP converted | -181.3% |
| 2010 | 1,307 US dollars, PPP converted | -62.4% |
| 2011 | -432.39 US dollars, PPP converted | -133.1% |
| 2012 | -266.43 US dollars, PPP converted | -38.4% |
| 2013 | 3.83 US dollars, PPP converted | -101.4% |
| 2014 | 695.47 US dollars, PPP converted | +18039.6% |
| 2015 | 1,251 US dollars, PPP converted | +79.9% |
| 2016 | 1,412 US dollars, PPP converted | +12.8% |
| 2017 | 1,246 US dollars, PPP converted | -11.8% |
| 2018 | 815.42 US dollars, PPP converted | -34.5% |
| 2019 | 842.45 US dollars, PPP converted | +3.3% |
| 2020 | 2,989 US dollars, PPP converted | +254.8% |
| 2021 | -1,846 US dollars, PPP converted | -161.8% |
| 2022 | -3,602 US dollars, PPP converted | +95.1% |
| 2023 | -1,541 US dollars, PPP converted | -57.2% |
| 2024 | -241.09 US dollars, PPP converted | -84.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1,151 US dollars, PPP converted | -1,670 US dollars, PPP converted | -381.51 US dollars, PPP converted | 5 |
| 2000s | -2,661 US dollars, PPP converted | -7,057 US dollars, PPP converted | 3,477 US dollars, PPP converted | 10 |
| 2010s | 687.43 US dollars, PPP converted | -432.39 US dollars, PPP converted | 1,412 US dollars, PPP converted | 10 |
| 2020s | -848.34 US dollars, PPP converted | -3,602 US dollars, PPP converted | 2,989 US dollars, PPP converted | 5 |
Countries ranked near Latvia
- 8 Hong Kong 72,947 US dollars, PPP converted compare
- 9 Denmark 60,264 US dollars, PPP converted compare
- 10 Italy 50,390 US dollars, PPP converted compare
- 11 Sweden 46,087 US dollars, PPP converted compare
- 12 Czechia 22,785 US dollars, PPP converted compare
- 13 Israel 15,282 US dollars, PPP converted compare
- 14 Portugal 14,203 US dollars, PPP converted compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual national net lending/net borrowing, us $, current prices in Latvia?
- Annual national net lending/net borrowing, us $, current prices in Latvia was -241.09 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual national net lending/net borrowing, us $, current prices recorded in Latvia?
- The highest recorded value was 3,477 US dollars, PPP converted in 2009.
- What is the lowest annual national net lending/net borrowing, us $, current prices recorded in Latvia?
- The lowest recorded value was -7,057 US dollars, PPP converted in 2007.
- How does Latvia rank for annual national net lending/net borrowing, us $, current prices?
- Latvia ranks 11th out of 12 groups with data for 2024.
- Is annual national net lending/net borrowing, us $, current prices rising or falling in Latvia?
- Over the last ten years it is down 134.7%. 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 national net lending/net borrowing, US $, current prices, current PPPs — Net lending (+) / net borrowing (-). Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual national net lending or net borrowing. Net lending (positive sign) or net borrowing (negative sign) is the balancing item at the end of the capital account in the sequence of economic accounts, and also appears in the financial accounts. It represents the surplus resources that are available for borrowing, or the deficit, which means that borrowing is required. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in current prices. The indicators were presented in the previous dissemination system in the SNA_TABLE2 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