Gross domestic savings (current US$), per unit of GDP in Latvia

Latvia: Gross domestic savings (current US$), per unit of GDP was 0.1948 current US$ per US$ of GDP in 2025. ▲ Rising

Latest (2025)
0.1948 current US$ per US$ of GDP
Change on year
down 2.0%
World rank
104th
of 187 countries
All-time high
0.2368 current US$ per US$ of GDP
in 2008
All-time low
0.1026 current US$ per US$ of GDP
in 1996
Years of data
31
1995–2025

Gross domestic savings (current US$), per unit of GDP in Latvia, 1995–2025

00.050.10.150.20.251995201020251995: 0.112 current US$ per US$ of GDP1996: 0.103 current US$ per US$ of GDP1997: 0.12 current US$ per US$ of GDP1998: 0.137 current US$ per US$ of GDP1999: 0.125 current US$ per US$ of GDP2000: 0.168 current US$ per US$ of GDP2001: 0.177 current US$ per US$ of GDP2002: 0.182 current US$ per US$ of GDP2003: 0.179 current US$ per US$ of GDP2004: 0.184 current US$ per US$ of GDP2005: 0.215 current US$ per US$ of GDP2006: 0.2 current US$ per US$ of GDP2007: 0.236 current US$ per US$ of GDP2008: 0.237 current US$ per US$ of GDP2009: 0.212 current US$ per US$ of GDP2010: 0.188 current US$ per US$ of GDP2011: 0.206 current US$ per US$ of GDP2012: 0.231 current US$ per US$ of GDP2013: 0.208 current US$ per US$ of GDP2014: 0.218 current US$ per US$ of GDP2015: 0.23 current US$ per US$ of GDP2016: 0.223 current US$ per US$ of GDP2017: 0.223 current US$ per US$ of GDP2018: 0.234 current US$ per US$ of GDP2019: 0.231 current US$ per US$ of GDP2020: 0.236 current US$ per US$ of GDP2021: 0.225 current US$ per US$ of GDP2022: 0.198 current US$ per US$ of GDP2023: 0.21 current US$ per US$ of GDP2024: 0.199 current US$ per US$ of GDP2025: 0.195 current US$ per US$ of GDP

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 in Latvia, year by year

Annual values for Gross domestic savings (current US$), per unit of GDP in Latvia, 1995 to 2025.
Year current US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 101 Belize 0.1977 current US$ per US$ of GDP compare
  2. 102 Niger 0.1959 current US$ per US$ of GDP compare
  3. 103 Croatia 0.1954 current US$ per US$ of GDP compare
  4. 105 Serbia 0.1908 current US$ per US$ of GDP compare
  5. 106 Armenia 0.187 current US$ per US$ of GDP compare
  6. 107 United States of America 0.1847 current US$ per US$ of GDP compare

See the full ranking of 230 places →

More economy & growth data for Latvia

All data for Latvia →

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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Gross domestic savings (current US$), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/gross-domestic-savings-current-us-per-unit-of-gdp/latvia/

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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$) ÷ GDP (current US$)

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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

Indicator
Gross domestic savings (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

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.