Consumption of fixed capital (CFC), Assets, Transactions in Latvia
Latvia: Consumption of fixed capital (CFC), Assets, Transactions was 1.61 billion in 2024. ▲ Rising
Consumption of fixed capital (CFC), Assets, Transactions in Latvia, 1999–2024
Source: International Monetary Fund.
Analysis
Latvia recorded 1.61 billion for consumption of fixed capital (cfc), assets, transactions in 2024. That is the highest value across all 26 years on record.
That represents a change of up 3.9% on the previous year and up 72.3% over ten years.
Over the whole period, consumption of fixed capital (cfc), assets, transactions in Latvia peaked at 1.61 billion in 2024 and was at its lowest, 286.06 million, in 2002.
Latvia ranks 32nd of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Consumption of fixed capital (CFC), Assets, Transactions in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 298.31 million | — |
| 2000 | 291.41 million | -2.3% |
| 2001 | 286.19 million | -1.8% |
| 2002 | 286.06 million | -0.0% |
| 2003 | 305.34 million | +6.7% |
| 2004 | 343.98 million | +12.7% |
| 2005 | 420.94 million | +22.4% |
| 2006 | 544.52 million | +29.4% |
| 2007 | 715.09 million | +31.3% |
| 2008 | 817.58 million | +14.3% |
| 2009 | 721.99 million | -11.7% |
| 2010 | 736.44 million | +2.0% |
| 2011 | 789.26 million | +7.2% |
| 2012 | 860.93 million | +9.1% |
| 2013 | 901.47 million | +4.7% |
| 2014 | 935.44 million | +3.8% |
| 2015 | 951.10 million | +1.7% |
| 2016 | 955.66 million | +0.5% |
| 2017 | 990.28 million | +3.6% |
| 2018 | 1.05 billion | +5.8% |
| 2019 | 1.11 billion | +6.0% |
| 2020 | 1.28 billion | +14.9% |
| 2021 | 1.34 billion | +5.3% |
| 2022 | 1.48 billion | +10.4% |
| 2023 | 1.55 billion | +4.6% |
| 2024 | 1.61 billion | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 298.31 million | 298.31 million | 298.31 million | 1 |
| 2000s | 473.31 million | 286.06 million | 817.58 million | 10 |
| 2010s | 927.89 million | 736.44 million | 1.11 billion | 10 |
| 2020s | 1.45 billion | 1.28 billion | 1.61 billion | 5 |
Countries ranked near Latvia
More financial sector data for Latvia
- Total reserves in months of imports, annual growth rate 9.15 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 7.71 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0673 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,770 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 7.33 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,041 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 12.98 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,410 SDR per person (2025)
Frequently asked questions
- What is consumption of fixed capital (cfc), assets, transactions in Latvia?
- Consumption of fixed capital (cfc), assets, transactions in Latvia was 1.61 billion in 2024, according to International Monetary Fund.
- What is the highest consumption of fixed capital (cfc), assets, transactions recorded in Latvia?
- The highest recorded value was 1.61 billion in 2024.
- What is the lowest consumption of fixed capital (cfc), assets, transactions recorded in Latvia?
- The lowest recorded value was 286.06 million in 2002.
- How does Latvia rank for consumption of fixed capital (cfc), assets, transactions?
- Latvia ranks 32nd out of 35 countries with data for 2024.
- Is consumption of fixed capital (cfc), assets, transactions rising or falling in Latvia?
- Over the last ten years it is up 72.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Consumption of fixed capital (CFC), Assets, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
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About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.