Liquid liabilities to GDP in Latvia
Latvia: Liquid liabilities to GDP was 73.9% in 2021. ▲ Rising
Liquid liabilities to GDP in Latvia, 2010–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in Latvia stood at 73.9%.
Compared with earlier readings it is down 3.3% on the previous year and up 59.2% over ten years.
Over the whole period, liquid liabilities to gdp in Latvia peaked at 76.4% in 2020 and was at its lowest, 42.8%, in 2013.
That places Latvia 80th out of 184 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 56.3% | 42.8% | 65.2% | 10 |
| 2020s | 75.1% | 73.9% | 76.4% | 2 |
Countries ranked near Latvia
More financial sector data for Latvia
- Domestic credit to private sector by banks 29.3% (2024)
- Total reserves in months of imports 2.02 (2025)
- Net domestic credit 16.04 billion current LCU (2024)
- Net foreign assets 9.50 billion current LCU (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Domestic credit to private sector 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -7,330 (2025)
- GDP deflator: linked series 133.57 base year varies by country (2025)
Frequently asked questions
- What is liquid liabilities to gdp in Latvia?
- Liquid liabilities to gdp in Latvia was 73.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Latvia?
- The highest recorded value was 76.4% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Latvia?
- The lowest recorded value was 42.8% in 2013.
- How does Latvia rank for liquid liabilities to gdp?
- Latvia ranks 80th out of 184 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Latvia?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.