Insurance, pension and standardized guarantee schemes … Financial in Latvia
Latvia: Insurance, pension and standardized guarantee schemes … Financial was 3.67 million in 2024. ◆ Volatile
Insurance, pension and standardized guarantee schemes, Financial in Latvia, 1999–2024
Source: International Monetary Fund.
Analysis
The most recent figure for insurance, pension and standardized guarantee schemes, financial in Latvia is 3.67 million, measured in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 33.1% on the previous year and up 205.2% over ten years.
Over the whole period, insurance, pension and standardized guarantee schemes, financial in Latvia peaked at 3.67 million in 2024 and was at its lowest, -4.94 million, in 2009.
That places Latvia 12th out of 33 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance, pension and standardized guarantee schemes … Financial in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0 | — |
| 2000 | 0 | — |
| 2001 | 942,000 | — |
| 2002 | 942,000 | +0.0% |
| 2003 | 943,000 | +0.1% |
| 2004 | 942,000 | -0.1% |
| 2005 | 943,000 | +0.1% |
| 2006 | 946,000 | +0.3% |
| 2007 | 948,000 | +0.2% |
| 2008 | 948,000 | +0.0% |
| 2009 | -4.94 million | -620.9% |
| 2010 | -945,000 | -80.9% |
| 2011 | -277,000 | -70.7% |
| 2012 | 707,000 | -355.2% |
| 2013 | 679,000 | -4.0% |
| 2014 | 1.20 million | +77.0% |
| 2015 | 558,000 | -53.6% |
| 2016 | 825,000 | +47.8% |
| 2017 | 945,000 | +14.5% |
| 2018 | 476,000 | -49.6% |
| 2019 | 1.69 million | +254.8% |
| 2020 | -584,000 | -134.6% |
| 2021 | 547,000 | -193.7% |
| 2022 | 679,000 | +24.1% |
| 2023 | 2.76 million | +305.9% |
| 2024 | 3.67 million | +33.1% |
Biggest year-on-year movements
Years where Insurance, pension and standardized guarantee schemes … Financial in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -620.9% | 948,000 | -4.94 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 | 0 | 0 | 1 |
| 2000s | 261,600 | -4.94 million | 948,000 | 10 |
| 2010s | 585,900 | -945,000 | 1.69 million | 10 |
| 2020s | 1.41 million | -584,000 | 3.67 million | 5 |
Countries ranked near Latvia
- 9 Romania 12.60 million compare
- 10 United Kingdom 5.00 million compare
- 11 Portugal 4.05 million compare
- 13 Bulgaria 2.44 million compare
- 14 Lithuania 1.83 million compare
- 15 Austria 0
- 15 Belgium 0
- 15 Brazil 0
- 15 Colombia 0
- 15 Cyprus 0
- 15 Denmark 0 compare
- 15 Spain 0
- 15 Estonia 0 compare
- 15 Greece 0 compare
- 15 Luxembourg 0
- 15 Malta 0
- 15 Netherlands 0
- 15 Slovak Republic 0 compare
- 15 Sweden 0
- 15 Türkiye 0
- 15 United States 0
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 insurance, pension and standardized guarantee schemes, financial in Latvia?
- Insurance, pension and standardized guarantee schemes, financial in Latvia was 3.67 million in 2024, according to International Monetary Fund.
- What is the highest insurance, pension and standardized guarantee schemes, financial recorded in Latvia?
- The highest recorded value was 3.67 million in 2024.
- What is the lowest insurance, pension and standardized guarantee schemes, financial recorded in Latvia?
- The lowest recorded value was -4.94 million in 2009.
- How does Latvia rank for insurance, pension and standardized guarantee schemes, financial?
- Latvia ranks 12th out of 33 countries with data for 2024.
- Is insurance, pension and standardized guarantee schemes, financial rising or falling in Latvia?
- Over the last ten years it is up 205.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Insurance, pension and standardized guarantee schemes, Financial assets, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
Download this data
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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.