GBARD by socioeconomic objectives in Latvia

Latvia: GBARD by socioeconomic objectives was 194.07 in 2025. ◆ Volatile

Latest (2025)
194.07
Change on year
up 30.6%
World rank
34th
of 37 countries
All-time high
194.07
in 2025
All-time low
20.14
in 2004
Years of data
22
2004–2025

GBARD by socioeconomic objectives in Latvia, 2004–2025

0501001502002004201420252004: 20.12005: 25.42006: 42.82007: 62.72008: 67.22009: 382010: 28.62011: 29.62012: 32.82013: 32.52014: 38.22015: 46.62016: 52.62017: 602018: 63.92019: 692020: 79.22021: 84.32022: 93.42023: 1182024: 148.62025: 194.1

Source: Eurostat.

Analysis

In 2025, gbard by socioeconomic objectives in Latvia stood at 194.07. 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 in 2025 and was at its lowest, 20.14, in 2004.

Latvia ranks 34th of 37 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 in Latvia, year by year

Annual values for GBARD by socioeconomic objectives (NABS 2007) in Latvia, 2004 to 2025.
Year Value Change
2004 20.14
2005 25.42 +26.2%
2006 42.8 +68.4%
2007 62.7 +46.5%
2008 67.17 +7.1%
2009 37.98 -43.5%
2010 28.64 -24.6%
2011 29.59 +3.3%
2012 32.84 +11.0%
2013 32.46 -1.2%
2014 38.2 +17.7%
2015 46.6 +22.0%
2016 52.6 +12.9%
2017 60 +14.1%
2018 63.9 +6.5%
2019 69 +8.0%
2020 79.2 +14.8%
2021 84.35 +6.5%
2022 93.36 +10.7%
2023 118 +26.4%
2024 148.62 +26.0%
2025 194.07 +30.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.7 20.14 67.17 6
2010s 45.38 28.64 69 10
2020s 119.6 79.2 194.07 6

Countries ranked near Latvia

  1. 31 Serbia 362.33 compare
  2. 32 Romania 358.83 compare
  3. 33 Iceland 356.87 compare
  4. 35 Cyprus 112 compare
  5. 36 Malta 42.34 compare
  6. 37 Bosnia and Herzegovina 36.85 compare

See the full ranking of 42 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gbard by socioeconomic objectives in Latvia?
Gbard by socioeconomic objectives in Latvia was 194.07 in 2025, according to Eurostat.
What is the highest gbard by socioeconomic objectives recorded in Latvia?
The highest recorded value was 194.07 in 2025.
What is the lowest gbard by socioeconomic objectives recorded in Latvia?
The lowest recorded value was 20.14 in 2004.
How does Latvia rank for gbard by socioeconomic objectives?
Latvia ranks 34th out of 37 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.

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GBARD by socioeconomic objectives in Latvia. Statizoid, drawing on Eurostat. Retrieved 26 August 2026, from https://economy.statizoid.com/stat/gbard-by-socioeconomic-objectives-nabs-2007/latvia/

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About this data

Indicator
GBARD by socioeconomic objectives (NABS 2007)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 876 data points, 2004–2025
Last refreshed