Implementation of standard accounting tools to monitor the economic in Latvia
Latvia: Implementation of standard accounting tools to monitor the economic was 4 in 2021. ▼ Falling
Implementation of standard accounting tools to monitor the economic in Latvia, 2008–2021
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Latvia recorded 4 for implementation of standard accounting tools to monitor the economic in 2021. That is the lowest value across all 14 years on record.
That represents a change of down 20.0% over ten years.
Over the whole period, implementation of standard accounting tools to monitor the economic in Latvia peaked at 5 in 2008 and was at its lowest, 4, in 2020.
That places Latvia 47th out of 188 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Implementation of standard accounting tools to monitor the economic in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 5 | — |
| 2009 | 5 | +0.0% |
| 2010 | 5 | +0.0% |
| 2011 | 5 | +0.0% |
| 2012 | 5 | +0.0% |
| 2013 | 5 | +0.0% |
| 2014 | 5 | +0.0% |
| 2015 | 5 | +0.0% |
| 2016 | 5 | +0.0% |
| 2017 | 5 | +0.0% |
| 2018 | 5 | +0.0% |
| 2019 | 5 | +0.0% |
| 2020 | 4 | -20.0% |
| 2021 | 4 | +0.0% |
Latvia compared with similar countries
- Latvia's 4 is above the median for high income countries, which is 1, 4.0× the median. (70 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5 | 5 | 5 | 2 |
| 2010s | 5 | 5 | 5 | 10 |
| 2020s | 4 | 4 | 4 | 2 |
Countries ranked near Latvia
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 implementation of standard accounting tools to monitor the economic in Latvia?
- Implementation of standard accounting tools to monitor the economic in Latvia was 4 in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest implementation of standard accounting tools to monitor the economic recorded in Latvia?
- The highest recorded value was 5 in 2008.
- What is the lowest implementation of standard accounting tools to monitor the economic recorded in Latvia?
- The lowest recorded value was 4 in 2020.
- How does Latvia rank for implementation of standard accounting tools to monitor the economic?
- Latvia ranks 47th out of 188 countries with data for 2021.
- Is implementation of standard accounting tools to monitor the economic rising or falling in Latvia?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Implementation of standard accounting tools to monitor the economic and environmental aspects of tourism (Tourism Satellite Account tables). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under UN SDG Global Database (open, attribution requested).