Changes in inventories in Latvia
Latvia: Changes in inventories was 285.44 million current US$ in 2025. ◆ Volatile
Changes in inventories in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for changes in inventories in Latvia is 285.44 million current US$, measured in 2025.
That represents a change of up 183.1% on the previous year and down 41.2% over ten years.
Over the whole period, changes in inventories in Latvia peaked at 1.63 billion current US$ in 2007 and was at its lowest, -343.50 million current US$, in 2024.
That places Latvia 81st out of 186 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 106.11 million current US$ | — |
| 1996 | 81.45 million current US$ | -23.2% |
| 1997 | 239.47 million current US$ | +194.0% |
| 1998 | 143.25 million current US$ | -40.2% |
| 1999 | -24.35 million current US$ | -117.0% |
| 2000 | -18.24 million current US$ | -25.1% |
| 2001 | 92.62 million current US$ | -607.8% |
| 2002 | 399.45 million current US$ | +331.3% |
| 2003 | 632.45 million current US$ | +58.3% |
| 2004 | 681.69 million current US$ | +7.8% |
| 2005 | 710.02 million current US$ | +4.2% |
| 2006 | 1.33 billion current US$ | +87.0% |
| 2007 | 1.63 billion current US$ | +23.0% |
| 2008 | 1.21 billion current US$ | -25.7% |
| 2009 | 75.71 million current US$ | -93.8% |
| 2010 | 331.26 million current US$ | +337.5% |
| 2011 | 810.45 million current US$ | +144.7% |
| 2012 | 441.48 million current US$ | -45.5% |
| 2013 | 97.18 million current US$ | -78.0% |
| 2014 | 309.35 million current US$ | +218.3% |
| 2015 | 485.30 million current US$ | +56.9% |
| 2016 | 430.10 million current US$ | -11.4% |
| 2017 | 348.42 million current US$ | -19.0% |
| 2018 | 322.68 million current US$ | -7.4% |
| 2019 | 203.38 million current US$ | -37.0% |
| 2020 | -291.80 million current US$ | -243.5% |
| 2021 | 1.07 billion current US$ | -465.6% |
| 2022 | 525.26 million current US$ | -50.8% |
| 2023 | 286.15 million current US$ | -45.5% |
| 2024 | -343.50 million current US$ | -220.0% |
| 2025 | 285.44 million current US$ | -183.1% |
Latvia compared with similar countries
- Latvia's 285.44 million current US$ is above the median for high income countries, which is 285.44 million current US$, 1.0× the median. (69 countries reporting)
- Latvia's 285.44 million current US$ is below the median for Europe & Central Asia, which is 767.84 million current US$, 37% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +607.8% | -18.24 million current US$ | 92.62 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 109.19 million current US$ | -24.35 million current US$ | 239.47 million current US$ | 5 |
| 2000s | 674.96 million current US$ | -18.24 million current US$ | 1.63 billion current US$ | 10 |
| 2010s | 377.96 million current US$ | 97.18 million current US$ | 810.45 million current US$ | 10 |
| 2020s | 254.72 million current US$ | -343.50 million current US$ | 1.07 billion current US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is changes in inventories in Latvia?
- Changes in inventories in Latvia was 285.44 million current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Latvia?
- The highest recorded value was 1.63 billion current US$ in 2007.
- What is the lowest changes in inventories recorded in Latvia?
- The lowest recorded value was -343.50 million current US$ in 2024.
- How does Latvia rank for changes in inventories?
- Latvia ranks 81st out of 186 countries with data for 2025.
- Is changes in inventories rising or falling in Latvia?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.