Gross domestic savings in Latvia
Latvia: Gross domestic savings was 9.47 billion current US$ in 2025. ◆ Volatile
Gross domestic savings in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gross domestic savings in Latvia stood at 9.47 billion current US$. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 56.6% over ten years.
Over the whole period, gross domestic savings in Latvia peaked at 9.47 billion current US$ in 2025 and was at its lowest, 594.97 million current US$, in 1996.
That places Latvia 96th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 627.35 million current US$ | — |
| 1996 | 594.97 million current US$ | -5.2% |
| 1997 | 764.79 million current US$ | +28.5% |
| 1998 | 954.40 million current US$ | +24.8% |
| 1999 | 914.04 million current US$ | -4.2% |
| 2000 | 1.30 billion current US$ | +42.6% |
| 2001 | 1.45 billion current US$ | +11.3% |
| 2002 | 1.68 billion current US$ | +15.7% |
| 2003 | 2.01 billion current US$ | +19.8% |
| 2004 | 2.54 billion current US$ | +26.3% |
| 2005 | 3.50 billion current US$ | +37.8% |
| 2006 | 4.09 billion current US$ | +16.9% |
| 2007 | 6.93 billion current US$ | +69.3% |
| 2008 | 8.08 billion current US$ | +16.6% |
| 2009 | 5.44 billion current US$ | -32.7% |
| 2010 | 4.41 billion current US$ | -18.9% |
| 2011 | 5.49 billion current US$ | +24.3% |
| 2012 | 6.26 billion current US$ | +14.1% |
| 2013 | 6.06 billion current US$ | -3.3% |
| 2014 | 6.59 billion current US$ | +8.8% |
| 2015 | 6.05 billion current US$ | -8.2% |
| 2016 | 6.04 billion current US$ | -0.1% |
| 2017 | 6.55 billion current US$ | +8.4% |
| 2018 | 7.77 billion current US$ | +18.7% |
| 2019 | 7.65 billion current US$ | -1.6% |
| 2020 | 7.87 billion current US$ | +2.9% |
| 2021 | 8.61 billion current US$ | +9.3% |
| 2022 | 7.52 billion current US$ | -12.7% |
| 2023 | 9.00 billion current US$ | +19.7% |
| 2024 | 8.75 billion current US$ | -2.8% |
| 2025 | 9.47 billion current US$ | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 771.11 million current US$ | 594.97 million current US$ | 954.40 million current US$ | 5 |
| 2000s | 3.70 billion current US$ | 1.30 billion current US$ | 8.08 billion current US$ | 10 |
| 2010s | 6.29 billion current US$ | 4.41 billion current US$ | 7.77 billion current US$ | 10 |
| 2020s | 8.54 billion current US$ | 7.52 billion current US$ | 9.47 billion current US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GNI, Atlas method (current US$), annual growth rate 14.91 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9492 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 24,976 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.67 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9914 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 26,086 current US$ per person (2025)
- GNI (current LCU), annual growth rate 7.93 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8773 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,085 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 8.34 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings in Latvia?
- Gross domestic savings in Latvia was 9.47 billion current US$ 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 9.47 billion current US$ in 2025.
- What is the lowest gross domestic savings recorded in Latvia?
- The lowest recorded value was 594.97 million current US$ in 1996.
- How does Latvia rank for gross domestic savings?
- Latvia ranks 96th 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 56.6%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.