Annual simplified non-financial accounts by institutional sector in Latvia
Latvia: Annual simplified non-financial accounts by institutional sector was 587.72 National currency in 2024. ◆ Volatile
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
Latvia recorded 587.72 National currency for annual simplified non-financial accounts by institutional sector in 2024. That is the highest value across all 30 years on record.
The figure is up 25.3% on the previous year and up 75.7% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 587.72 National currency in 2024 and was at its lowest, 62.75 National currency, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Annual simplified non-financial accounts by institutional sector in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 70.51 National currency | — |
| 1996 | 62.75 National currency | -11.0% |
| 1997 | 103.09 National currency | +64.3% |
| 1998 | 124.21 National currency | +20.5% |
| 1999 | 130 National currency | +4.7% |
| 2000 | 94.75 National currency | -27.1% |
| 2001 | 116.06 National currency | +22.5% |
| 2002 | 89.25 National currency | -23.1% |
| 2003 | 110.97 National currency | +24.3% |
| 2004 | 114.67 National currency | +3.3% |
| 2005 | 127.74 National currency | +11.4% |
| 2006 | 139.84 National currency | +9.5% |
| 2007 | 174.7 National currency | +24.9% |
| 2008 | 169.81 National currency | -2.8% |
| 2009 | 161.7 National currency | -4.8% |
| 2010 | 194.21 National currency | +20.1% |
| 2011 | 249.85 National currency | +28.7% |
| 2012 | 280.28 National currency | +12.2% |
| 2013 | 281.86 National currency | +0.6% |
| 2014 | 334.41 National currency | +18.6% |
| 2015 | 346.69 National currency | +3.7% |
| 2016 | 369.69 National currency | +6.6% |
| 2017 | 385.22 National currency | +4.2% |
| 2018 | 354.1 National currency | -8.1% |
| 2019 | 369.06 National currency | +4.2% |
| 2020 | 381.59 National currency | +3.4% |
| 2021 | 389.59 National currency | +2.1% |
| 2022 | 437.58 National currency | +12.3% |
| 2023 | 469.18 National currency | +7.2% |
| 2024 | 587.72 National currency | +25.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.11 National currency | 62.75 National currency | 130 National currency | 5 |
| 2000s | 129.95 National currency | 89.25 National currency | 174.7 National currency | 10 |
| 2010s | 316.54 National currency | 194.21 National currency | 385.22 National currency | 10 |
| 2020s | 453.13 National currency | 381.59 National currency | 587.72 National currency | 5 |
Countries ranked near Latvia
- 5 Poland 104,812 National currency compare
- 5 Hungary 1.43 million National currency compare
- 6 Russian Federation 1.29 million National currency compare
- 6 Netherlands 12,780 National currency compare
- 7 Costa Rica 1.07 million National currency compare
- 7 Slovenia 823.97 National currency compare
- 8 United States of America 855,004 National currency compare
- 9 Sweden 672,730 National currency compare
- 9 Lithuania 540.57 National currency compare
- 10 Mexico 262,262 National currency compare
- 10 Estonia 174.8 National currency compare
- 11 South Africa 168,764 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 587.72 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 587.72 National currency in 2024.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The lowest recorded value was 62.75 National currency in 1996.
- How does Latvia rank for annual simplified non-financial accounts by institutional sector?
- Latvia ranks 8th 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 up 75.7%. 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 simplified non-financial accounts by institutional sector (Expenditure) — Other taxes on production. Statizoid updates them automatically from the source API.
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About this data
This table presents the Expenditure (or Uses) lines, not including 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 (Revenue)’ and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. 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