Annual simplified non-financial accounts by institutional sector in Latvia
Latvia: Annual simplified non-financial accounts by institutional sector was 992.4 National currency in 2024. ▲ Rising
Annual simplified non-financial accounts by institutional sector in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual simplified non-financial accounts by institutional sector in Latvia stood at 992.4 National currency.
Compared with earlier readings it is down 38.5% on the previous year and down 20.2% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 1,909 National currency in 2022 and was at its lowest, 217.64 National currency, in 1999.
The long-run direction has been consistently rising across the 30 years of available data.
Annual simplified non-financial accounts by institutional sector in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 433.93 National currency | — |
| 1996 | 481.89 National currency | +11.1% |
| 1997 | 316.92 National currency | -34.2% |
| 1998 | 300.52 National currency | -5.2% |
| 1999 | 217.64 National currency | -27.6% |
| 2000 | 473.08 National currency | +117.4% |
| 2001 | 502.92 National currency | +6.3% |
| 2002 | 567.15 National currency | +12.8% |
| 2003 | 619.62 National currency | +9.3% |
| 2004 | 805.34 National currency | +30.0% |
| 2005 | 956.59 National currency | +18.8% |
| 2006 | 1,151 National currency | +20.3% |
| 2007 | 1,413 National currency | +22.7% |
| 2008 | 1,497 National currency | +6.0% |
| 2009 | 1,202 National currency | -19.7% |
| 2010 | 1,313 National currency | +9.3% |
| 2011 | 1,464 National currency | +11.5% |
| 2012 | 1,510 National currency | +3.1% |
| 2013 | 1,303 National currency | -13.7% |
| 2014 | 1,244 National currency | -4.5% |
| 2015 | 1,242 National currency | -0.2% |
| 2016 | 1,292 National currency | +4.0% |
| 2017 | 1,488 National currency | +15.2% |
| 2018 | 1,402 National currency | -5.8% |
| 2019 | 1,418 National currency | +1.2% |
| 2020 | 1,546 National currency | +9.0% |
| 2021 | 1,486 National currency | -3.9% |
| 2022 | 1,909 National currency | +28.4% |
| 2023 | 1,613 National currency | -15.5% |
| 2024 | 992.4 National currency | -38.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 350.18 National currency | 217.64 National currency | 481.89 National currency | 5 |
| 2000s | 918.75 National currency | 473.08 National currency | 1,497 National currency | 10 |
| 2010s | 1,368 National currency | 1,242 National currency | 1,510 National currency | 10 |
| 2020s | 1,509 National currency | 992.4 National currency | 1,909 National currency | 5 |
Countries ranked near Latvia
- 7 Slovenia 5,365 National currency compare
- 7 United States of America 2.57 million National currency compare
- 8 Lithuania 4,025 National currency compare
- 8 Czechia 754,489 National currency compare
- 9 Estonia 2,578 National currency compare
- 9 Brazil 701,521 National currency compare
- 10 Canada 406,937 National currency compare
- 11 Germany 325,491 National currency compare
- 12 Romania 280,200 National currency compare
- 13 Italy 270,726 National currency 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 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) — 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 (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 simplified non-financial accounts by institutional sector in Latvia?
- Annual simplified non-financial accounts by institutional sector in Latvia was 992.4 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The highest recorded value was 1,909 National currency in 2022.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The lowest recorded value was 217.64 National currency in 1999.
- How does Latvia rank for annual simplified non-financial accounts by institutional sector?
- Latvia ranks 10th out of 10 countries with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Latvia?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual simplified non-financial accounts by institutional sector (Balancing items) — Mixed income, gross. Statizoid updates them automatically from the source API.
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About this data
This table presents the balancing items for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure)’ and ‘Annual simplified non-financial accounts by institutional sector (Revenue)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). 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. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 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