GBARD by socioeconomic objectives (NABS 2007) in Latvia
Latvia: GBARD by socioeconomic objectives (NABS 2007) was 194.07 Million euro in 2025. ◆ Volatile
Latest (2025)
194.07 Million euro
Change on year
up 30.6%
World rank
47th
of 51 countries
All-time high
194.07 Million euro
in 2025
All-time low
20.14 Million euro
in 2004
Years of data
22
2004–2025
GBARD by socioeconomic objectives in Latvia, 2004–2025
Source: Eurostat. Measured in Million euro.
Analysis
In 2025, gbard by socioeconomic objectives in Latvia stood at 194.07 Million euro. That is the highest value across all 22 years on record.
The figure is up 30.6% on the previous year and up 316.5% over ten years.
Over the whole period, gbard by socioeconomic objectives in Latvia peaked at 194.07 Million euro in 2025 and was at its lowest, 20.14 Million euro, in 2004.
Latvia ranks 47th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GBARD by socioeconomic objectives (NABS 2007) in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2004 | 20.14 Million euro | — |
| 2005 | 25.42 Million euro | +26.2% |
| 2006 | 42.8 Million euro | +68.4% |
| 2007 | 62.7 Million euro | +46.5% |
| 2008 | 67.17 Million euro | +7.1% |
| 2009 | 37.98 Million euro | -43.5% |
| 2010 | 28.64 Million euro | -24.6% |
| 2011 | 29.59 Million euro | +3.3% |
| 2012 | 32.84 Million euro | +11.0% |
| 2013 | 32.46 Million euro | -1.2% |
| 2014 | 38.2 Million euro | +17.7% |
| 2015 | 46.6 Million euro | +22.0% |
| 2016 | 52.6 Million euro | +12.9% |
| 2017 | 60 Million euro | +14.1% |
| 2018 | 63.9 Million euro | +6.5% |
| 2019 | 69 Million euro | +8.0% |
| 2020 | 79.2 Million euro | +14.8% |
| 2021 | 84.35 Million euro | +6.5% |
| 2022 | 93.36 Million euro | +10.7% |
| 2023 | 118 Million euro | +26.4% |
| 2024 | 148.62 Million euro | +26.0% |
| 2025 | 194.07 Million euro | +30.6% |
Latvia compared with similar countries
- Latvia's 194.07 Million euro is below the median for Europe & Central Asia, which is 1,276 Million euro, 15% of the median. (33 countries reporting)
- Latvia's 194.07 Million euro is below the median for high income countries, which is 2,883 Million euro, 7% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.7 Million euro | 20.14 Million euro | 67.17 Million euro | 6 |
| 2010s | 45.38 Million euro | 28.64 Million euro | 69 Million euro | 10 |
| 2020s | 119.6 Million euro | 79.2 Million euro | 194.07 Million euro | 6 |
Countries ranked near Latvia
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 gbard by socioeconomic objectives in Latvia?
- Gbard by socioeconomic objectives in Latvia was 194.07 Million euro in 2025, according to Eurostat.
- What is the highest gbard by socioeconomic objectives recorded in Latvia?
- The highest recorded value was 194.07 Million euro in 2025.
- What is the lowest gbard by socioeconomic objectives recorded in Latvia?
- The lowest recorded value was 20.14 Million euro in 2004.
- How does Latvia rank for gbard by socioeconomic objectives?
- Latvia ranks 47th out of 51 countries with data for 2025.
- Is gbard by socioeconomic objectives rising or falling in Latvia?
- Over the last ten years it is up 316.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of GBARD by socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Eurostat).