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% |
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 of Great Britain and Northern Ireland 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 Slovakia 0 compare
- 15 Sweden 0
- 15 Turkey 0
- 15 United States 0
More financial sector data for Latvia
- Net domestic credit (current LCU), per capita 8,595 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.3645 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -4.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.49 million SDR (2025)
- Gold reserves at market value 682.52 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.27 billion SDR (2025)
- Reserves excluding gold 3.77 billion SDR (2025)
- Total reserves (gold at market value) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (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.
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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.