Global leasing volume to GDP in Latvia
Latvia: Global leasing volume to GDP was 2.8% in 2019. ▼ Falling
Latest (2019)
2.8%
Change on year
down 3.2%
World rank
9th
of 58 countries
All-time high
6.3%
in 2007
All-time low
1.4%
in 2010
Years of data
14
2006–2019
Global leasing volume to GDP in Latvia, 2006–2019
Source: White Clarke Global Leasing Report. Measured in %.
Analysis
The most recent figure for global leasing volume to gdp in Latvia is 2.8%, measured in 2019.
The figure is down 3.2% on the previous year and up 36.1% over ten years.
Over the whole period, global leasing volume to gdp in Latvia peaked at 6.3% in 2007 and was at its lowest, 1.4%, in 2010.
Latvia ranks 9th of 58 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Global leasing volume to GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 6.0% | — |
| 2007 | 6.3% | +5.0% |
| 2008 | 4.5% | -28.6% |
| 2009 | 2.0% | -54.8% |
| 2010 | 1.4% | -31.2% |
| 2011 | 1.9% | +36.0% |
| 2012 | 3.3% | +74.6% |
| 2013 | 3.4% | +1.8% |
| 2014 | 2.5% | -26.5% |
| 2015 | 2.7% | +8.5% |
| 2016 | 2.7% | +2.2% |
| 2017 | 3.3% | +20.4% |
| 2018 | 2.8% | -13.9% |
| 2019 | 2.8% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.7% | 2.0% | 6.3% | 4 |
| 2010s | 2.7% | 1.4% | 3.4% | 10 |
Countries ranked near Latvia
More financial sector data for Latvia
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.77 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
Frequently asked questions
- What is global leasing volume to gdp in Latvia?
- Global leasing volume to gdp in Latvia was 2.8% in 2019, according to White Clarke Global Leasing Report.
- What is the highest global leasing volume to gdp recorded in Latvia?
- The highest recorded value was 6.3% in 2007.
- What is the lowest global leasing volume to gdp recorded in Latvia?
- The lowest recorded value was 1.4% in 2010.
- How does Latvia rank for global leasing volume to gdp?
- Latvia ranks 9th out of 58 countries with data for 2019.
- Is global leasing volume to gdp rising or falling in Latvia?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from White Clarke Global Leasing Report, published as part of Global leasing volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratios calculated by source.