Gross savings (current US$), per square kilometre in Latvia
Latvia: Gross savings (current US$), per square kilometre was 143,469 current US$ per square kilometre in 2023. ◆ Volatile
Gross savings (current US$), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross savings (current us$), per square kilometre in Latvia stood at 143,469 current US$ per square kilometre. That is the highest value across all 29 years on record.
That represents a change of up 22.5% on the previous year and up 34.9% over ten years.
Over the whole period, gross savings (current us$), per square kilometre in Latvia peaked at 143,469 current US$ per square kilometre in 2023 and was at its lowest, 11,677 current US$ per square kilometre, in 1996.
Latvia ranks 78th of 176 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 savings (current US$), per square kilometre in Latvia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1995 | 11,897 current US$ per square kilometre | — |
| 1996 | 11,677 current US$ per square kilometre | -1.8% |
| 1997 | 14,314 current US$ per square kilometre | +22.6% |
| 1998 | 18,090 current US$ per square kilometre | +26.4% |
| 1999 | 15,030 current US$ per square kilometre | -16.9% |
| 2000 | 23,296 current US$ per square kilometre | +55.0% |
| 2001 | 25,574 current US$ per square kilometre | +9.8% |
| 2002 | 30,767 current US$ per square kilometre | +20.3% |
| 2003 | 39,262 current US$ per square kilometre | +27.6% |
| 2004 | 47,640 current US$ per square kilometre | +21.3% |
| 2005 | 63,404 current US$ per square kilometre | +33.1% |
| 2006 | 65,755 current US$ per square kilometre | +3.7% |
| 2007 | 104,248 current US$ per square kilometre | +58.5% |
| 2008 | 133,264 current US$ per square kilometre | +27.8% |
| 2009 | 129,021 current US$ per square kilometre | -3.2% |
| 2010 | 85,787 current US$ per square kilometre | -33.5% |
| 2011 | 99,743 current US$ per square kilometre | +16.3% |
| 2012 | 108,341 current US$ per square kilometre | +8.6% |
| 2013 | 106,335 current US$ per square kilometre | -1.9% |
| 2014 | 112,817 current US$ per square kilometre | +6.1% |
| 2015 | 101,752 current US$ per square kilometre | -9.8% |
| 2016 | 102,556 current US$ per square kilometre | +0.8% |
| 2017 | 114,369 current US$ per square kilometre | +11.5% |
| 2018 | 125,435 current US$ per square kilometre | +9.7% |
| 2019 | 123,215 current US$ per square kilometre | -1.8% |
| 2020 | 135,134 current US$ per square kilometre | +9.7% |
| 2021 | 132,868 current US$ per square kilometre | -1.7% |
| 2022 | 117,148 current US$ per square kilometre | -11.8% |
| 2023 | 143,469 current US$ per square kilometre | +22.5% |
Latvia compared with similar countries
- Latvia's 143,469 current US$ per square kilometre is below the median for high income countries, which is 521,005 current US$ per square kilometre, 28% of the median. (63 countries reporting)
- Latvia's 143,469 current US$ per square kilometre is below the median for Europe & Central Asia, which is 389,115 current US$ per square kilometre, 37% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,202 current US$ per square kilometre | 11,677 current US$ per square kilometre | 18,090 current US$ per square kilometre | 5 |
| 2000s | 66,223 current US$ per square kilometre | 23,296 current US$ per square kilometre | 133,264 current US$ per square kilometre | 10 |
| 2010s | 108,035 current US$ per square kilometre | 85,787 current US$ per square kilometre | 125,435 current US$ per square kilometre | 10 |
| 2020s | 132,155 current US$ per square kilometre | 117,148 current US$ per square kilometre | 143,469 current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 75 Armenia 173,157 current US$ per square kilometre compare
- 76 Greece 171,984 current US$ per square kilometre compare
- 77 Tonga 153,112 current US$ per square kilometre compare
- 79 Rwanda 138,483 current US$ per square kilometre compare
- 80 Cape Verde 129,329 current US$ per square kilometre compare
- 81 Bosnia and Herzegovina 112,079 current US$ per square kilometre compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross savings (current us$), per square kilometre in Latvia?
- Gross savings (current us$), per square kilometre in Latvia was 143,469 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), per square kilometre recorded in Latvia?
- The highest recorded value was 143,469 current US$ per square kilometre in 2023.
- What is the lowest gross savings (current us$), per square kilometre recorded in Latvia?
- The lowest recorded value was 11,677 current US$ per square kilometre in 1996.
- How does Latvia rank for gross savings (current us$), per square kilometre?
- Latvia ranks 78th out of 176 countries with data for 2023.
- Is gross savings (current us$), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 34.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ Land area (sq. km)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.