Material deprivation for the 'Economic strain' and 'Durables' in Latvia
Latvia: Material deprivation for the 'Economic strain' and 'Durables' was 44.9% in 2020. ▲ Rising
Latest (2020)
44.9%
Change on year
up 10.9%
World rank
33rd
of 46 countries
All-time high
44.9%
in 2020
All-time low
11.3%
in 2005
Years of data
16
2005–2020
Material deprivation for the 'Economic strain' and 'Durables' in Latvia, 2005–2020
Source: Eurostat. Measured in Percentage.
Analysis
In 2020, material deprivation for the 'economic strain' and 'durables' in Latvia stood at 44.9%. That is the highest value across all 16 years on record.
That represents a change of up 10.9% on the previous year and up 211.8% over ten years.
Over the whole period, material deprivation for the 'economic strain' and 'durables' in Latvia peaked at 44.9% in 2020 and was at its lowest, 11.3%, in 2005.
Latvia ranks 33rd of 46 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Material deprivation for the 'Economic strain' and 'Durables' in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2005 | 11.3% | — |
| 2006 | 16.6% | +46.9% |
| 2007 | 22.0% | +32.5% |
| 2008 | 25.5% | +15.9% |
| 2009 | 16.9% | -33.7% |
| 2010 | 14.4% | -14.8% |
| 2011 | 13.2% | -8.3% |
| 2012 | 17.0% | +28.8% |
| 2013 | 19.7% | +15.9% |
| 2014 | 22.7% | +15.2% |
| 2015 | 29.3% | +29.1% |
| 2016 | 30.7% | +4.8% |
| 2017 | 30.6% | -0.3% |
| 2018 | 34.9% | +14.1% |
| 2019 | 40.5% | +16.0% |
| 2020 | 44.9% | +10.9% |
Latvia compared with similar countries
- Latvia's 44.9% is below the median for Europe & Central Asia, which is 57.1%, 79% of the median. (33 countries reporting)
- Latvia's 44.9% is below the median for high income countries, which is 59.3%, 76% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.5% | 11.3% | 25.5% | 5 |
| 2010s | 25.3% | 13.2% | 40.5% | 10 |
| 2020s | 44.9% | 44.9% | 44.9% | 1 |
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 material deprivation for the 'economic strain' and 'durables' in Latvia?
- Material deprivation for the 'economic strain' and 'durables' in Latvia was 44.9% in 2020, according to Eurostat.
- What is the highest material deprivation for the 'economic strain' and 'durables' recorded in Latvia?
- The highest recorded value was 44.9% in 2020.
- What is the lowest material deprivation for the 'economic strain' and 'durables' recorded in Latvia?
- The lowest recorded value was 11.3% in 2005.
- How does Latvia rank for material deprivation for the 'economic strain' and 'durables'?
- Latvia ranks 33rd out of 46 countries with data for 2020.
- Is material deprivation for the 'economic strain' and 'durables' rising or falling in Latvia?
- Over the last ten years it is up 211.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Material deprivation for the 'Economic strain' and 'Durables' dimensions, by number of item of deprivation. Statizoid updates them automatically from the source API.
Download this data
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