Consumption of fixed capital (CFC), Assets, Transactions (Statement) in Latvia
Latvia: Consumption of fixed capital (CFC), Assets, Transactions (Statement) 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 (Statement) 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% |
Latvia compared with similar countries
- Latvia's 1.61 billion is below the median for high income countries, which is 36.59 billion, 4% of the median. (32 countries reporting)
- Latvia's 1.61 billion is below the median for Europe & Central Asia, which is 34.41 billion, 5% of the median. (29 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (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.