Gross savings (current US$), per unit of GDP in Latvia
Latvia: Gross savings (current US$), per unit of GDP was 0.2071 current US$ per US$ of GDP in 2025. ▲ Rising
Gross savings (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 0.2071 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2025.
That represents a change of up 7.9% on the previous year and down 13.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Latvia peaked at 0.3125 current US$ per US$ of GDP in 2009 and was at its lowest, 0.1253 current US$ per US$ of GDP, in 1996.
Latvia ranks 99th of 178 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 savings (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.132 current US$ per US$ of GDP | — |
| 1996 | 0.1253 current US$ per US$ of GDP | -5.1% |
| 1997 | 0.1403 current US$ per US$ of GDP | +12.0% |
| 1998 | 0.1614 current US$ per US$ of GDP | +15.1% |
| 1999 | 0.1277 current US$ per US$ of GDP | -20.9% |
| 2000 | 0.1868 current US$ per US$ of GDP | +46.3% |
| 2001 | 0.1943 current US$ per US$ of GDP | +4.0% |
| 2002 | 0.207 current US$ per US$ of GDP | +6.5% |
| 2003 | 0.2173 current US$ per US$ of GDP | +5.0% |
| 2004 | 0.2144 current US$ per US$ of GDP | -1.3% |
| 2005 | 0.2419 current US$ per US$ of GDP | +12.9% |
| 2006 | 0.2002 current US$ per US$ of GDP | -17.2% |
| 2007 | 0.2205 current US$ per US$ of GDP | +10.1% |
| 2008 | 0.2429 current US$ per US$ of GDP | +10.2% |
| 2009 | 0.3125 current US$ per US$ of GDP | +28.6% |
| 2010 | 0.2275 current US$ per US$ of GDP | -27.2% |
| 2011 | 0.2335 current US$ per US$ of GDP | +2.7% |
| 2012 | 0.2486 current US$ per US$ of GDP | +6.5% |
| 2013 | 0.227 current US$ per US$ of GDP | -8.7% |
| 2014 | 0.2319 current US$ per US$ of GDP | +2.2% |
| 2015 | 0.2403 current US$ per US$ of GDP | +3.7% |
| 2016 | 0.2353 current US$ per US$ of GDP | -2.1% |
| 2017 | 0.2421 current US$ per US$ of GDP | +2.9% |
| 2018 | 0.2348 current US$ per US$ of GDP | -3.0% |
| 2019 | 0.2316 current US$ per US$ of GDP | -1.3% |
| 2020 | 0.2519 current US$ per US$ of GDP | +8.8% |
| 2021 | 0.2165 current US$ per US$ of GDP | -14.0% |
| 2022 | 0.1918 current US$ per US$ of GDP | -11.4% |
| 2023 | 0.2087 current US$ per US$ of GDP | +8.8% |
| 2024 | 0.1919 current US$ per US$ of GDP | -8.1% |
| 2025 | 0.2071 current US$ per US$ of GDP | +7.9% |
Latvia compared with similar countries
- Latvia's 0.2071 current US$ per US$ of GDP is below the median for high income countries, which is 0.237 current US$ per US$ of GDP, 87% of the median. (63 countries reporting)
- Latvia's 0.2071 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.2345 current US$ per US$ of GDP, 88% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1373 current US$ per US$ of GDP | 0.1253 current US$ per US$ of GDP | 0.1614 current US$ per US$ of GDP | 5 |
| 2000s | 0.2238 current US$ per US$ of GDP | 0.1868 current US$ per US$ of GDP | 0.3125 current US$ per US$ of GDP | 10 |
| 2010s | 0.2353 current US$ per US$ of GDP | 0.227 current US$ per US$ of GDP | 0.2486 current US$ per US$ of GDP | 10 |
| 2020s | 0.2113 current US$ per US$ of GDP | 0.1918 current US$ per US$ of GDP | 0.2519 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 96 France 0.2146 current US$ per US$ of GDP compare
- 97 Cape Verde 0.2113 current US$ per US$ of GDP compare
- 98 Mauritius 0.2111 current US$ per US$ of GDP compare
- 100 Belize 0.2033 current US$ per US$ of GDP compare
- 101 Bosnia and Herzegovina 0.2029 current US$ per US$ of GDP compare
- 102 Ethiopia 0.1967 current US$ per US$ of GDP 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$), per unit of gdp in Latvia?
- Gross savings (current us$), per unit of gdp in Latvia was 0.2071 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.3125 current US$ per US$ of GDP in 2009.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1253 current US$ per US$ of GDP in 1996.
- How does Latvia rank for gross savings (current us$), per unit of gdp?
- Latvia ranks 99th out of 178 countries with data for 2025.
- Is gross savings (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 13.8%. 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 savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.