Gross savings in Latvia
Latvia: Gross savings was 10.07 billion current US$ in 2025. ◆ Volatile
Gross savings in Latvia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Latvia is 10.07 billion current US$, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 19.2% on the previous year and up 59.0% over ten years.
Over the whole period, gross savings in Latvia peaked at 10.07 billion current US$ in 2025 and was at its lowest, 726.63 million current US$, in 1996.
Latvia ranks 93rd of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 883.72 million current US$ | 726.63 million current US$ | 1.13 billion current US$ | 5 |
| 2000s | 4.12 billion current US$ | 1.45 billion current US$ | 8.29 billion current US$ | 10 |
| 2010s | 6.72 billion current US$ | 5.34 billion current US$ | 7.81 billion current US$ | 10 |
| 2020s | 8.57 billion current US$ | 7.29 billion current US$ | 10.07 billion current US$ | 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 10.07 billion current US$ 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 10.07 billion current US$ in 2025.
- What is the lowest gross savings recorded in Latvia?
- The lowest recorded value was 726.63 million current US$ in 1996.
- How does Latvia rank for gross savings?
- Latvia ranks 93rd out of 177 countries with data for 2025.
- Is gross savings rising or falling in Latvia?
- Over the last ten years it is up 59.0%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.