Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Latvia
Latvia: Gross domestic savings (current US$), per unit of GDP (unit GDP US) was 0.1948 current US$ per US$ of GDP in 2025. ▲ Rising
Gross domestic savings (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, gross domestic savings (current us$), per unit of gdp in Latvia stood at 0.1948 current US$ per US$ of GDP.
The figure is down 2.0% on the previous year and down 15.2% over ten years.
Over the whole period, gross domestic savings (current us$), per unit of gdp in Latvia peaked at 0.2368 current US$ per US$ of GDP in 2008 and was at its lowest, 0.1026 current US$ per US$ of GDP, in 1996.
Latvia ranks 104th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1119 current US$ per US$ of GDP | — |
| 1996 | 0.1026 current US$ per US$ of GDP | -8.3% |
| 1997 | 0.1205 current US$ per US$ of GDP | +17.4% |
| 1998 | 0.1368 current US$ per US$ of GDP | +13.6% |
| 1999 | 0.1248 current US$ per US$ of GDP | -8.8% |
| 2000 | 0.1679 current US$ per US$ of GDP | +34.6% |
| 2001 | 0.1772 current US$ per US$ of GDP | +5.5% |
| 2002 | 0.1816 current US$ per US$ of GDP | +2.5% |
| 2003 | 0.179 current US$ per US$ of GDP | -1.4% |
| 2004 | 0.1838 current US$ per US$ of GDP | +2.7% |
| 2005 | 0.2148 current US$ per US$ of GDP | +16.8% |
| 2006 | 0.2003 current US$ per US$ of GDP | -6.7% |
| 2007 | 0.2356 current US$ per US$ of GDP | +17.6% |
| 2008 | 0.2368 current US$ per US$ of GDP | +0.5% |
| 2009 | 0.2117 current US$ per US$ of GDP | -10.6% |
| 2010 | 0.188 current US$ per US$ of GDP | -11.2% |
| 2011 | 0.2064 current US$ per US$ of GDP | +9.8% |
| 2012 | 0.2309 current US$ per US$ of GDP | +11.9% |
| 2013 | 0.2077 current US$ per US$ of GDP | -10.0% |
| 2014 | 0.2177 current US$ per US$ of GDP | +4.8% |
| 2015 | 0.2296 current US$ per US$ of GDP | +5.5% |
| 2016 | 0.2228 current US$ per US$ of GDP | -3.0% |
| 2017 | 0.2228 current US$ per US$ of GDP | -0.0% |
| 2018 | 0.2338 current US$ per US$ of GDP | +4.9% |
| 2019 | 0.2312 current US$ per US$ of GDP | -1.1% |
| 2020 | 0.2359 current US$ per US$ of GDP | +2.0% |
| 2021 | 0.2255 current US$ per US$ of GDP | -4.4% |
| 2022 | 0.1978 current US$ per US$ of GDP | -12.3% |
| 2023 | 0.2103 current US$ per US$ of GDP | +6.3% |
| 2024 | 0.1988 current US$ per US$ of GDP | -5.5% |
| 2025 | 0.1948 current US$ per US$ of GDP | -2.0% |
Latvia compared with similar countries
- Latvia's 0.1948 current US$ per US$ of GDP is below the median for high income countries, which is 0.257 current US$ per US$ of GDP, 76% of the median. (67 countries reporting)
- Latvia's 0.1948 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.2423 current US$ per US$ of GDP, 80% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1193 current US$ per US$ of GDP | 0.1026 current US$ per US$ of GDP | 0.1368 current US$ per US$ of GDP | 5 |
| 2000s | 0.1989 current US$ per US$ of GDP | 0.1679 current US$ per US$ of GDP | 0.2368 current US$ per US$ of GDP | 10 |
| 2010s | 0.2191 current US$ per US$ of GDP | 0.188 current US$ per US$ of GDP | 0.2338 current US$ per US$ of GDP | 10 |
| 2020s | 0.2105 current US$ per US$ of GDP | 0.1948 current US$ per US$ of GDP | 0.2359 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 101 Belize 0.1977 current US$ per US$ of GDP compare
- 102 Niger 0.1959 current US$ per US$ of GDP compare
- 103 Croatia 0.1954 current US$ per US$ of GDP compare
- 105 Serbia 0.1908 current US$ per US$ of GDP compare
- 106 Armenia 0.187 current US$ per US$ of GDP compare
- 107 United States 0.1847 current US$ per US$ of GDP compare
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 gross domestic savings (current us$), per unit of gdp in Latvia?
- Gross domestic savings (current us$), per unit of gdp in Latvia was 0.1948 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.2368 current US$ per US$ of GDP in 2008.
- What is the lowest gross domestic savings (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1026 current US$ per US$ of GDP in 1996.
- How does Latvia rank for gross domestic savings (current us$), per unit of gdp?
- Latvia ranks 104th out of 187 countries with data for 2025.
- Is gross domestic savings (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current US$) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.