Domestic finance, S1 - Entry barriers in Latvia
Latvia: Domestic finance, S1 - Entry barriers was 3 in 2014. ▲ Rising
Latest (2014)
3
Change on year
unchanged
World rank
1st
of 90 countries
All-time high
3
in 1995
All-time low
2
in 1992
Years of data
23
1992–2014
Domestic finance, S1 - Entry barriers in Latvia, 1992–2014
Source: International Monetary Fund.
Analysis
In 2014, domestic finance, s1 - entry barriers in Latvia stood at 3. That is the highest value across all 23 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, domestic finance, s1 - entry barriers in Latvia peaked at 3 in 1995 and was at its lowest, 2, in 1992.
Latvia ranks 1st of 90 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.62 | 2 | 3 | 8 |
| 2000s | 3 | 3 | 3 | 10 |
| 2010s | 3 | 3 | 3 | 5 |
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More economy & growth data for Latvia
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
Frequently asked questions
- What is domestic finance, s1 - entry barriers in Latvia?
- Domestic finance, s1 - entry barriers in Latvia was 3 in 2014, according to International Monetary Fund.
- What is the highest domestic finance, s1 - entry barriers recorded in Latvia?
- The highest recorded value was 3 in 1995.
- What is the lowest domestic finance, s1 - entry barriers recorded in Latvia?
- The lowest recorded value was 2 in 1992.
- How does Latvia rank for domestic finance, s1 - entry barriers?
- Latvia ranks 1st out of 90 countries with data for 2014.
- Is domestic finance, s1 - entry barriers rising or falling in Latvia?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Domestic finance, S1 - Entry barriers. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.