NAAG Chapter 2: Income — Real net national income in Latvia
Latvia: NAAG Chapter 2: Income — Real net national income was 105.18 Index in 2024. ▲ Rising
NAAG Chapter 2: Income — Real net national income in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Latvia recorded 105.18 Index for naag chapter 2: income — real net national income in 2024. That is the highest value across all 30 years on record.
The figure is up 0.8% on the previous year and up 26.9% over ten years.
Over the whole period, naag chapter 2: income — real net national income in Latvia peaked at 105.18 Index in 2024 and was at its lowest, 35.75 Index, in 1995.
The long-run direction has been consistently rising across the 30 years of available data.
NAAG Chapter 2: Income — Real net national income in Latvia, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 35.75 Index | — |
| 1996 | 36.9 Index | +3.2% |
| 1997 | 39.62 Index | +7.4% |
| 1998 | 43.47 Index | +9.7% |
| 1999 | 44.9 Index | +3.3% |
| 2000 | 47.77 Index | +6.4% |
| 2001 | 52.06 Index | +9.0% |
| 2002 | 55.84 Index | +7.3% |
| 2003 | 60.65 Index | +8.6% |
| 2004 | 65.49 Index | +8.0% |
| 2005 | 73.96 Index | +12.9% |
| 2006 | 81.65 Index | +10.4% |
| 2007 | 93.77 Index | +14.8% |
| 2008 | 91.26 Index | -2.7% |
| 2009 | 81.74 Index | -10.4% |
| 2010 | 72.07 Index | -11.8% |
| 2011 | 74.68 Index | +3.6% |
| 2012 | 78.56 Index | +5.2% |
| 2013 | 81.1 Index | +3.2% |
| 2014 | 82.87 Index | +2.2% |
| 2015 | 86.14 Index | +4.0% |
| 2016 | 91.12 Index | +5.8% |
| 2017 | 94.86 Index | +4.1% |
| 2018 | 99.08 Index | +4.4% |
| 2019 | 102.12 Index | +3.1% |
| 2020 | 100 Index | -2.1% |
| 2021 | 104.22 Index | +4.2% |
| 2022 | 104.25 Index | +0.0% |
| 2023 | 104.39 Index | +0.1% |
| 2024 | 105.18 Index | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.13 Index | 35.75 Index | 44.9 Index | 5 |
| 2000s | 70.42 Index | 47.77 Index | 93.77 Index | 10 |
| 2010s | 86.26 Index | 72.07 Index | 102.12 Index | 10 |
| 2020s | 103.61 Index | 100 Index | 105.18 Index | 5 |
Countries ranked near Latvia
- 4 Greece 124.36 Index compare
- 5 Spain 121.94 Index compare
- 6 Canada 121.49 Index compare
- 6 Lithuania 108.44 Index compare
- 7 Israel 120.81 Index compare
- 8 Costa Rica 118.81 Index compare
- 8 Estonia 104.88 Index compare
- 9 United Kingdom of Great Britain and Northern Ireland 118.7 Index compare
- 10 Mexico 117.84 Index compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is naag chapter 2: income — real net national income in Latvia?
- Naag chapter 2: income — real net national income in Latvia was 105.18 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 2: income — real net national income recorded in Latvia?
- The highest recorded value was 105.18 Index in 2024.
- What is the lowest naag chapter 2: income — real net national income recorded in Latvia?
- The lowest recorded value was 35.75 Index in 1995.
- How does Latvia rank for naag chapter 2: income — real net national income?
- Latvia ranks 7th out of 8 countries with data for 2024.
- Is naag chapter 2: income — real net national income rising or falling in Latvia?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 2: Income — Real net national income. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.