NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Latvia
Latvia: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio was 2.44 Factor of gross operating surplus in 2024. ▲ Rising
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Factor of gross operating surplus.
Analysis
Latvia recorded 2.44 Factor of gross operating surplus for naag chapter 7: corporations — debt to gross operating surplus ratio in 2024.
The figure is up 19.0% on the previous year and down 3.3% over ten years.
Over the whole period, naag chapter 7: corporations — debt to gross operating surplus ratio in Latvia peaked at 3.57 Factor of gross operating surplus in 2009 and was at its lowest, 1.4 Factor of gross operating surplus, in 1995.
The long-run direction has been consistently rising across the 30 years of available data.
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Latvia, year by year
| Year | Factor of gross operating surplus | Change |
|---|---|---|
| 1995 | 1.4 Factor of gross operating surplus | — |
| 1996 | 2.08 Factor of gross operating surplus | +49.0% |
| 1997 | 1.9 Factor of gross operating surplus | -8.8% |
| 1998 | 2.01 Factor of gross operating surplus | +5.4% |
| 1999 | 1.95 Factor of gross operating surplus | -2.9% |
| 2000 | 2.05 Factor of gross operating surplus | +5.1% |
| 2001 | 1.8 Factor of gross operating surplus | -12.2% |
| 2002 | 1.55 Factor of gross operating surplus | -13.8% |
| 2003 | 1.63 Factor of gross operating surplus | +5.4% |
| 2004 | 2.01 Factor of gross operating surplus | +23.0% |
| 2005 | 2.25 Factor of gross operating surplus | +12.3% |
| 2006 | 2.79 Factor of gross operating surplus | +23.7% |
| 2007 | 3.06 Factor of gross operating surplus | +9.8% |
| 2008 | 3.48 Factor of gross operating surplus | +13.7% |
| 2009 | 3.57 Factor of gross operating surplus | +2.5% |
| 2010 | 3.4 Factor of gross operating surplus | -4.7% |
| 2011 | 3.19 Factor of gross operating surplus | -6.1% |
| 2012 | 2.59 Factor of gross operating surplus | -18.8% |
| 2013 | 2.6 Factor of gross operating surplus | +0.3% |
| 2014 | 2.53 Factor of gross operating surplus | -2.9% |
| 2015 | 2.71 Factor of gross operating surplus | +7.2% |
| 2016 | 2.92 Factor of gross operating surplus | +7.9% |
| 2017 | 2.93 Factor of gross operating surplus | +0.2% |
| 2018 | 2.83 Factor of gross operating surplus | -3.2% |
| 2019 | 2.81 Factor of gross operating surplus | -0.7% |
| 2020 | 2.88 Factor of gross operating surplus | +2.3% |
| 2021 | 2.21 Factor of gross operating surplus | -23.4% |
| 2022 | 2.34 Factor of gross operating surplus | +5.9% |
| 2023 | 2.05 Factor of gross operating surplus | -12.2% |
| 2024 | 2.44 Factor of gross operating surplus | +19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.87 Factor of gross operating surplus | 1.4 Factor of gross operating surplus | 2.08 Factor of gross operating surplus | 5 |
| 2000s | 2.42 Factor of gross operating surplus | 1.55 Factor of gross operating surplus | 3.57 Factor of gross operating surplus | 10 |
| 2010s | 2.85 Factor of gross operating surplus | 2.53 Factor of gross operating surplus | 3.4 Factor of gross operating surplus | 10 |
| 2020s | 2.38 Factor of gross operating surplus | 2.05 Factor of gross operating surplus | 2.88 Factor of gross operating surplus | 5 |
Countries ranked near Latvia
- 1 Luxembourg 20.47 Factor of gross operating surplus compare
- 1 Netherlands 4.91 Factor of gross operating surplus compare
- 2 Estonia 3.32 Factor of gross operating surplus compare
- 2 Iceland 11.61 Factor of gross operating surplus compare
- 3 Slovenia 3.03 Factor of gross operating surplus compare
- 3 United States of America 8.07 Factor of gross operating surplus compare
- 4 Canada 7.28 Factor of gross operating surplus compare
- 5 France 6.64 Factor of gross operating surplus compare
- 5 Poland 2.25 Factor of gross operating surplus compare
- 6 Lithuania 2.23 Factor of gross operating surplus compare
- 6 Japan 6.22 Factor of gross operating surplus compare
- 7 Sweden 5.72 Factor of gross operating surplus compare
- 7 Türkiye 1.46 Factor of gross operating surplus 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 7: corporations — debt to gross operating surplus ratio in Latvia?
- Naag chapter 7: corporations — debt to gross operating surplus ratio in Latvia was 2.44 Factor of gross operating surplus in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Latvia?
- The highest recorded value was 3.57 Factor of gross operating surplus in 2009.
- What is the lowest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Latvia?
- The lowest recorded value was 1.4 Factor of gross operating surplus in 1995.
- How does Latvia rank for naag chapter 7: corporations — debt to gross operating surplus ratio?
- Latvia ranks 4th out of 7 countries with data for 2024.
- Is naag chapter 7: corporations — debt to gross operating surplus ratio rising or falling in Latvia?
- Over the last ten years it is down 3.3%. 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 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations. 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.