Gross domestic savings (current LCU), annual growth rate in Latvia
Latvia: Gross domestic savings (current LCU), annual growth rate was 3.69 % change on previous year in 2025. ◆ Volatile
Gross domestic savings (current LCU), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross domestic savings (current lcu), annual growth rate in Latvia stood at 3.69 % change on previous year.
The figure is up 229.3% on the previous year and down 62.7% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Latvia peaked at 55.24 % change on previous year in 2007 and was at its lowest, -29.23 % change on previous year, in 2009.
Latvia ranks 102nd of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 5.98 % change on previous year | — |
| 1997 | 35.6 % change on previous year | +495.1% |
| 1998 | 26.71 % change on previous year | -25.0% |
| 1999 | -4.99 % change on previous year | -118.7% |
| 2000 | 47.8 % change on previous year | -1057.3% |
| 2001 | 15.25 % change on previous year | -68.1% |
| 2002 | 13.93 % change on previous year | -8.7% |
| 2003 | 10.77 % change on previous year | -22.7% |
| 2004 | 19.43 % change on previous year | +80.4% |
| 2005 | 44.02 % change on previous year | +126.6% |
| 2006 | 15.99 % change on previous year | -63.7% |
| 2007 | 55.24 % change on previous year | +245.6% |
| 2008 | 9.11 % change on previous year | -83.5% |
| 2009 | -29.23 % change on previous year | -420.7% |
| 2010 | -14.87 % change on previous year | -49.1% |
| 2011 | 18.47 % change on previous year | -224.2% |
| 2012 | 23.48 % change on previous year | +27.2% |
| 2013 | -6.41 % change on previous year | -127.3% |
| 2014 | 8.77 % change on previous year | -236.9% |
| 2015 | 9.89 % change on previous year | +12.8% |
| 2016 | 0.126 % change on previous year | -98.7% |
| 2017 | 6.18 % change on previous year | +4804.0% |
| 2018 | 13.56 % change on previous year | +119.5% |
| 2019 | 3.86 % change on previous year | -71.6% |
| 2020 | 0.8511 % change on previous year | -77.9% |
| 2021 | 5.59 % change on previous year | +556.8% |
| 2022 | -1.94 % change on previous year | -134.7% |
| 2023 | 16.54 % change on previous year | -953.6% |
| 2024 | -2.85 % change on previous year | -117.2% |
| 2025 | 3.69 % change on previous year | -229.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.82 % change on previous year | -4.99 % change on previous year | 35.6 % change on previous year | 4 |
| 2000s | 20.23 % change on previous year | -29.23 % change on previous year | 55.24 % change on previous year | 10 |
| 2010s | 6.31 % change on previous year | -14.87 % change on previous year | 23.48 % change on previous year | 10 |
| 2020s | 3.65 % change on previous year | -2.85 % change on previous year | 16.54 % change on previous year | 6 |
Countries ranked near Latvia
- 99 United States 3.79 % change on previous year compare
- 100 Austria 3.71 % change on previous year compare
- 101 France 3.7 % change on previous year compare
- 103 Denmark 3.67 % change on previous year compare
- 104 Finland 3.48 % change on previous year compare
- 105 Slovenia 3.35 % change on previous year compare
More economy & growth data for Latvia
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1151 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 3,029 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Latvia?
- Gross domestic savings (current lcu), annual growth rate in Latvia was 3.69 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 55.24 % change on previous year in 2007.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -29.23 % change on previous year in 2009.
- How does Latvia rank for gross domestic savings (current lcu), annual growth rate?
- Latvia ranks 102nd out of 185 countries with data for 2025.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 62.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.