Changes in inventories (current US$), per square kilometre in Latvia
Latvia: Changes in inventories (current US$), per square kilometre was 4,598 current US$ per square kilometre in 2023. ◆ Volatile
Changes in inventories (current US$), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Latvia recorded 4,598 current US$ per square kilometre for changes in inventories (current us$), per square kilometre in 2023.
That represents a change of down 45.5% on the previous year and up 194.4% over ten years.
Over the whole period, changes in inventories (current us$), per square kilometre in Latvia peaked at 26,251 current US$ per square kilometre in 2007 and was at its lowest, -4,689 current US$ per square kilometre, in 2020.
That places Latvia 65th out of 183 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (current US$), per square kilometre in Latvia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1995 | 1,705 current US$ per square kilometre | — |
| 1996 | 1,309 current US$ per square kilometre | -23.2% |
| 1997 | 3,848 current US$ per square kilometre | +194.0% |
| 1998 | 2,302 current US$ per square kilometre | -40.2% |
| 1999 | -391.25 current US$ per square kilometre | -117.0% |
| 2000 | -293.12 current US$ per square kilometre | -25.1% |
| 2001 | 1,488 current US$ per square kilometre | -607.8% |
| 2002 | 6,419 current US$ per square kilometre | +331.3% |
| 2003 | 10,164 current US$ per square kilometre | +58.3% |
| 2004 | 10,955 current US$ per square kilometre | +7.8% |
| 2005 | 11,410 current US$ per square kilometre | +4.2% |
| 2006 | 21,341 current US$ per square kilometre | +87.0% |
| 2007 | 26,251 current US$ per square kilometre | +23.0% |
| 2008 | 19,515 current US$ per square kilometre | -25.7% |
| 2009 | 1,217 current US$ per square kilometre | -93.8% |
| 2010 | 5,323 current US$ per square kilometre | +337.5% |
| 2011 | 13,024 current US$ per square kilometre | +144.7% |
| 2012 | 7,095 current US$ per square kilometre | -45.5% |
| 2013 | 1,562 current US$ per square kilometre | -78.0% |
| 2014 | 4,971 current US$ per square kilometre | +218.3% |
| 2015 | 7,799 current US$ per square kilometre | +56.9% |
| 2016 | 6,912 current US$ per square kilometre | -11.4% |
| 2017 | 5,599 current US$ per square kilometre | -19.0% |
| 2018 | 5,186 current US$ per square kilometre | -7.4% |
| 2019 | 3,268 current US$ per square kilometre | -37.0% |
| 2020 | -4,689 current US$ per square kilometre | -243.5% |
| 2021 | 17,143 current US$ per square kilometre | -465.6% |
| 2022 | 8,441 current US$ per square kilometre | -50.8% |
| 2023 | 4,598 current US$ per square kilometre | -45.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,755 current US$ per square kilometre | -391.25 current US$ per square kilometre | 3,848 current US$ per square kilometre | 5 |
| 2000s | 10,847 current US$ per square kilometre | -293.12 current US$ per square kilometre | 26,251 current US$ per square kilometre | 10 |
| 2010s | 6,074 current US$ per square kilometre | 1,562 current US$ per square kilometre | 13,024 current US$ per square kilometre | 10 |
| 2020s | 6,373 current US$ per square kilometre | -4,689 current US$ per square kilometre | 17,143 current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 62 France 5,297 current US$ per square kilometre compare
- 63 Algeria 5,095 current US$ per square kilometre compare
- 64 Uzbekistan 5,093 current US$ per square kilometre compare
- 66 Timor-Leste 4,358 current US$ per square kilometre compare
- 67 Ecuador 4,159 current US$ per square kilometre compare
- 68 Guinea-Bissau 3,593 current US$ per square kilometre compare
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories (current us$), per square kilometre in Latvia?
- Changes in inventories (current us$), per square kilometre in Latvia was 4,598 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest changes in inventories (current us$), per square kilometre recorded in Latvia?
- The highest recorded value was 26,251 current US$ per square kilometre in 2007.
- What is the lowest changes in inventories (current us$), per square kilometre recorded in Latvia?
- The lowest recorded value was -4,689 current US$ per square kilometre in 2020.
- How does Latvia rank for changes in inventories (current us$), per square kilometre?
- Latvia ranks 65th out of 183 countries with data for 2023.
- Is changes in inventories (current us$), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 194.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Changes in inventories (current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Changes in inventories (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Changes in inventories (current US$) ÷ Land area (sq. km)
Computed from
- Changes in inventories Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Changes in inventories (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.