Gross domestic savings in Latvia
Latvia: Gross domestic savings was 8.38 billion current LCU in 2025. ◆ Volatile
Gross domestic savings in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Latvia is 8.38 billion current LCU, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 53.7% over ten years.
Over the whole period, gross domestic savings in Latvia peaked at 8.38 billion current LCU in 2025 and was at its lowest, 439.90 million current LCU, in 1995.
Latvia ranks 137th of 187 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 in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 439.90 million current LCU | — |
| 1996 | 466.21 million current LCU | +6.0% |
| 1997 | 632.18 million current LCU | +35.6% |
| 1998 | 801.03 million current LCU | +26.7% |
| 1999 | 761.03 million current LCU | -5.0% |
| 2000 | 1.12 billion current LCU | +47.8% |
| 2001 | 1.30 billion current LCU | +15.3% |
| 2002 | 1.48 billion current LCU | +13.9% |
| 2003 | 1.64 billion current LCU | +10.8% |
| 2004 | 1.95 billion current LCU | +19.4% |
| 2005 | 2.81 billion current LCU | +44.0% |
| 2006 | 3.26 billion current LCU | +16.0% |
| 2007 | 5.07 billion current LCU | +55.2% |
| 2008 | 5.53 billion current LCU | +9.1% |
| 2009 | 3.91 billion current LCU | -29.2% |
| 2010 | 3.33 billion current LCU | -14.9% |
| 2011 | 3.95 billion current LCU | +18.5% |
| 2012 | 4.87 billion current LCU | +23.5% |
| 2013 | 4.56 billion current LCU | -6.4% |
| 2014 | 4.96 billion current LCU | +8.8% |
| 2015 | 5.45 billion current LCU | +9.9% |
| 2016 | 5.46 billion current LCU | +0.1% |
| 2017 | 5.80 billion current LCU | +6.2% |
| 2018 | 6.58 billion current LCU | +13.6% |
| 2019 | 6.84 billion current LCU | +3.9% |
| 2020 | 6.89 billion current LCU | +0.9% |
| 2021 | 7.28 billion current LCU | +5.6% |
| 2022 | 7.14 billion current LCU | -1.9% |
| 2023 | 8.32 billion current LCU | +16.5% |
| 2024 | 8.08 billion current LCU | -2.9% |
| 2025 | 8.38 billion current LCU | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 620.07 million current LCU | 439.90 million current LCU | 801.03 million current LCU | 5 |
| 2000s | 2.81 billion current LCU | 1.12 billion current LCU | 5.53 billion current LCU | 10 |
| 2010s | 5.18 billion current LCU | 3.33 billion current LCU | 6.84 billion current LCU | 10 |
| 2020s | 7.68 billion current LCU | 6.89 billion current LCU | 8.38 billion current LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
- GDP (current US$), per capita 26,312 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.84 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 23,285 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.642 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,892 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6625 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Latvia?
- Gross domestic savings in Latvia was 8.38 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Latvia?
- The highest recorded value was 8.38 billion current LCU in 2025.
- What is the lowest gross domestic savings recorded in Latvia?
- The lowest recorded value was 439.90 million current LCU in 1995.
- How does Latvia rank for gross domestic savings?
- Latvia ranks 137th out of 187 countries with data for 2025.
- Is gross domestic savings rising or falling in Latvia?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.