Gross savings in Latvia
Latvia: Gross savings was 8.91 billion current LCU in 2025. ◆ Volatile
Gross savings in Latvia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Latvia recorded 8.91 billion current LCU for gross savings in 2025. That is the highest value across all 31 years on record.
That represents a change of up 14.2% on the previous year and up 56.1% over ten years.
Over the whole period, gross savings in Latvia peaked at 8.91 billion current LCU in 2025 and was at its lowest, 519.10 million current LCU, in 1995.
That places Latvia 143rd out of 177 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 709.65 million current LCU | 519.10 million current LCU | 944.81 million current LCU | 5 |
| 2000s | 3.12 billion current LCU | 1.25 billion current LCU | 5.78 billion current LCU | 10 |
| 2010s | 5.52 billion current LCU | 4.03 billion current LCU | 6.85 billion current LCU | 10 |
| 2020s | 7.71 billion current LCU | 6.92 billion current LCU | 8.91 billion current LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of gdp -4.58 (2025)
- Inflation of consumer prices 3.75 (2025)
- Gdp per capita worldbank constant usd 16,892 (2025)
- Manufacturing value added to gdp 9.99 (2025)
- Gdp worldbank constant usd 31.21 billion (2025)
- Gdp per capita in international and market dollars 16,892 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is gross savings in Latvia?
- Gross savings in Latvia was 8.91 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Latvia?
- The highest recorded value was 8.91 billion current LCU in 2025.
- What is the lowest gross savings recorded in Latvia?
- The lowest recorded value was 519.10 million current LCU in 1995.
- How does Latvia rank for gross savings?
- Latvia ranks 143rd out of 177 countries with data for 2025.
- Is gross savings rising or falling in Latvia?
- Over the last ten years it is up 56.1%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.