Annual simplified non-financial accounts by institutional sector in Latvia
Latvia: Annual simplified non-financial accounts by institutional sector was 14,003 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
The most recent figure for annual simplified non-financial accounts by institutional sector in Latvia is 14,003 National currency, measured in 2024.
That represents a change of down 8.5% on the previous year and up 38.1% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 15,298 National currency in 2023 and was at its lowest, 1,781 National currency, in 1995.
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 | 1,781 National currency | — |
| 1996 | 1,911 National currency | +7.3% |
| 1997 | 2,262 National currency | +18.4% |
| 1998 | 2,548 National currency | +12.6% |
| 1999 | 2,661 National currency | +4.5% |
| 2000 | 3,081 National currency | +15.8% |
| 2001 | 3,476 National currency | +12.8% |
| 2002 | 4,040 National currency | +16.2% |
| 2003 | 4,414 National currency | +9.3% |
| 2004 | 5,187 National currency | +17.5% |
| 2005 | 6,112 National currency | +17.8% |
| 2006 | 7,274 National currency | +19.0% |
| 2007 | 9,121 National currency | +25.4% |
| 2008 | 9,468 National currency | +3.8% |
| 2009 | 8,019 National currency | -15.3% |
| 2010 | 8,292 National currency | +3.4% |
| 2011 | 9,026 National currency | +8.8% |
| 2012 | 10,132 National currency | +12.3% |
| 2013 | 10,120 National currency | -0.1% |
| 2014 | 10,139 National currency | +0.2% |
| 2015 | 10,010 National currency | -1.3% |
| 2016 | 9,966 National currency | -0.4% |
| 2017 | 10,441 National currency | +4.8% |
| 2018 | 10,736 National currency | +2.8% |
| 2019 | 10,902 National currency | +1.6% |
| 2020 | 10,760 National currency | -1.3% |
| 2021 | 13,113 National currency | +21.9% |
| 2022 | 13,897 National currency | +6.0% |
| 2023 | 15,298 National currency | +10.1% |
| 2024 | 14,003 National currency | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,233 National currency | 1,781 National currency | 2,661 National currency | 5 |
| 2000s | 6,019 National currency | 3,081 National currency | 9,468 National currency | 10 |
| 2010s | 9,976 National currency | 8,292 National currency | 10,902 National currency | 10 |
| 2020s | 13,414 National currency | 10,760 National currency | 15,298 National currency | 5 |
Countries ranked near Latvia
- 8 Lithuania 31,590 National currency compare
- 8 Costa Rica 16.93 million National currency compare
- 9 Slovenia 24,909 National currency compare
- 9 United States of America 12.09 million National currency compare
- 10 Estonia 14,980 National currency compare
- 10 Czechia 4.13 million National currency compare
- 11 Brazil 4.08 million National currency compare
- 12 South Africa 3.26 million National currency compare
- 13 Sweden 2.24 million National currency compare
- 14 Germany 1.59 million 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 14,003 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 15,298 National currency in 2023.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The lowest recorded value was 1,781 National currency in 1995.
- How does Latvia rank for annual simplified non-financial accounts by institutional sector?
- Latvia ranks 11th out of 11 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 up 38.1%. 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) — Operating surplus and 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