Annual simplified non-financial accounts by institutional sector in Latvia

Latvia: Annual simplified non-financial accounts by institutional sector was 5,850 National currency in 2024. ◆ Volatile

Latest (2024)
5,850 National currency
Change on year
up 4.9%
World rank
9th
of 10 countries
All-time high
5,850 National currency
in 2024
All-time low
527.58 National currency
in 1995
Years of data
30
1995–2024

Annual simplified non-financial accounts by institutional sector in Latvia, 1995–2024

02.0k4.0k6.0k1995200920241995: 527.6 National currency1996: 585.1 National currency1997: 722.7 National currency1998: 855.3 National currency1999: 838.1 National currency2000: 845.9 National currency2001: 889.8 National currency2002: 941 National currency2003: 1.1k National currency2004: 1.3k National currency2005: 1.7k National currency2006: 2.2k National currency2007: 2.7k National currency2008: 2.6k National currency2009: 2.1k National currency2010: 2.2k National currency2011: 2.5k National currency2012: 2.8k National currency2013: 3.0k National currency2014: 3.2k National currency2015: 3.4k National currency2016: 3.6k National currency2017: 3.8k National currency2018: 4.2k National currency2019: 4.4k National currency2020: 4.3k National currency2021: 4.6k National currency2022: 5.4k National currency2023: 5.6k National currency2024: 5.9k National currency

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 5,850 National currency, measured in 2024. That is the highest value across all 30 years on record.

That represents a change of up 4.9% on the previous year and up 83.0% over ten years.

Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 5,850 National currency in 2024 and was at its lowest, 527.58 National currency, in 1995.

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

Annual values for Annual simplified non-financial accounts by institutional sector (Revenue) — Taxes on production and imports in Latvia, 1995 to 2024.
Year National currency Change
1995 527.58 National currency
1996 585.09 National currency +10.9%
1997 722.69 National currency +23.5%
1998 855.29 National currency +18.3%
1999 838.1 National currency -2.0%
2000 845.9 National currency +0.9%
2001 889.77 National currency +5.2%
2002 940.95 National currency +5.8%
2003 1,133 National currency +20.4%
2004 1,290 National currency +13.8%
2005 1,674 National currency +29.8%
2006 2,154 National currency +28.6%
2007 2,710 National currency +25.8%
2008 2,650 National currency -2.2%
2009 2,126 National currency -19.8%
2010 2,212 National currency +4.1%
2011 2,509 National currency +13.4%
2012 2,791 National currency +11.3%
2013 2,992 National currency +7.2%
2014 3,197 National currency +6.9%
2015 3,361 National currency +5.1%
2016 3,617 National currency +7.6%
2017 3,817 National currency +5.5%
2018 4,223 National currency +10.6%
2019 4,388 National currency +3.9%
2020 4,286 National currency -2.3%
2021 4,638 National currency +8.2%
2022 5,363 National currency +15.6%
2023 5,577 National currency +4.0%
2024 5,850 National currency +4.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 705.75 National currency 527.58 National currency 855.29 National currency 5
2000s 1,641 National currency 845.9 National currency 2,710 National currency 10
2010s 3,311 National currency 2,212 National currency 4,388 National currency 10
2020s 5,143 National currency 4,286 National currency 5,850 National currency 5

Countries ranked near Latvia

  1. 6 Netherlands 131,417 National currency compare
  2. 6 China 10.40 million National currency compare
  3. 7 Lithuania 9,154 National currency compare
  4. 7 Costa Rica 3.85 million National currency compare
  5. 8 Slovenia 8,669 National currency compare
  6. 8 Mexico 2.53 million National currency compare
  7. 9 United States of America 1.95 million National currency compare
  8. 10 Estonia 5,549 National currency compare
  9. 10 Brazil 1.40 million National currency compare
  10. 11 Sweden 1.37 million National currency compare
  11. 12 South Africa 952,047 National currency compare

See the full ranking of 46 places →

More economy & growth data for Latvia

All data for Latvia →

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 5,850 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 5,850 National currency in 2024.
What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
The lowest recorded value was 527.58 National currency in 1995.
How does Latvia rank for annual simplified non-financial accounts by institutional sector?
Latvia ranks 9th 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 83.0%. 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 (Revenue) — Taxes on production and imports. Statizoid updates them automatically from the source API.

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Annual simplified non-financial accounts by institutional sector in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/annual-simplified-non-financial-accounts-by-institutional-sector-revenue-taxes-on/latvia-2/

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About this data

Indicator
Annual simplified non-financial accounts by institutional sector (Revenue) — Taxes on production and imports
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 1,503 data points, 1950–2025
Last refreshed

This table presents the Revenue (or Resources) 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 (Expenditure) 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