Climate related economic losses by type of event in Latvia
Latvia: Climate related economic losses by type of event was 41 Million euro at constant prices in 2024. ▲ Rising
Latest (2024)
41 Million euro at constant prices
Change on year
up 2.5%
World rank
34th
of 48 countries
All-time high
41 Million euro at constant prices
in 2024
All-time low
18 Million euro at constant prices
in 2011
Years of data
16
2009–2024
Climate related economic losses by type of event in Latvia, 2009–2024
Source: Eurostat. Measured in Million euro at constant prices.
Analysis
Latvia recorded 41 Million euro at constant prices for climate related economic losses by type of event in 2024. That is the highest value across all 16 years on record.
That represents a change of up 2.5% on the previous year and up 127.8% over ten years.
Over the whole period, climate related economic losses by type of event in Latvia peaked at 41 Million euro at constant prices in 2024 and was at its lowest, 18 Million euro at constant prices, in 2011.
That places Latvia 34th out of 48 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Climate related economic losses by type of event in Latvia, year by year
| Year | Million euro at constant prices | Change |
|---|---|---|
| 2009 | 21 Million euro at constant prices | — |
| 2010 | 21 Million euro at constant prices | +0.0% |
| 2011 | 18 Million euro at constant prices | -14.3% |
| 2012 | 18 Million euro at constant prices | +0.0% |
| 2013 | 18 Million euro at constant prices | +0.0% |
| 2014 | 18 Million euro at constant prices | +0.0% |
| 2015 | 18 Million euro at constant prices | +0.0% |
| 2016 | 18 Million euro at constant prices | +0.0% |
| 2017 | 35 Million euro at constant prices | +94.4% |
| 2018 | 39 Million euro at constant prices | +11.4% |
| 2019 | 39 Million euro at constant prices | +0.0% |
| 2020 | 39 Million euro at constant prices | +0.0% |
| 2021 | 39 Million euro at constant prices | +0.0% |
| 2022 | 39 Million euro at constant prices | +0.0% |
| 2023 | 40 Million euro at constant prices | +2.6% |
| 2024 | 41 Million euro at constant prices | +2.5% |
Latvia compared with similar countries
- Latvia's 41 Million euro at constant prices is below the median for Europe & Central Asia, which is 188 Million euro at constant prices, 22% of the median. (35 countries reporting)
- Latvia's 41 Million euro at constant prices is below the median for high income countries, which is 235 Million euro at constant prices, 17% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21 Million euro at constant prices | 21 Million euro at constant prices | 21 Million euro at constant prices | 1 |
| 2010s | 24.2 Million euro at constant prices | 18 Million euro at constant prices | 39 Million euro at constant prices | 10 |
| 2020s | 39.6 Million euro at constant prices | 39 Million euro at constant prices | 41 Million euro at constant prices | 5 |
Countries ranked near Latvia
- 32 Lithuania 70 Million euro at constant prices compare
- 32 Lithuania 70 Million euro at constant prices compare
- 34 Latvia 41 Million euro at constant prices compare
- 36 North Macedonia 27 Million euro at constant prices compare
- 36 North Macedonia 27 Million euro at constant prices compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is climate related economic losses by type of event in Latvia?
- Climate related economic losses by type of event in Latvia was 41 Million euro at constant prices in 2024, according to Eurostat.
- What is the highest climate related economic losses by type of event recorded in Latvia?
- The highest recorded value was 41 Million euro at constant prices in 2024.
- What is the lowest climate related economic losses by type of event recorded in Latvia?
- The lowest recorded value was 18 Million euro at constant prices in 2011.
- How does Latvia rank for climate related economic losses by type of event?
- Latvia ranks 34th out of 48 countries with data for 2024.
- Is climate related economic losses by type of event rising or falling in Latvia?
- Over the last ten years it is up 127.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Climate related economic losses by type of event. Statizoid updates them automatically from the source API.
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