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 186 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.
Liquid liabilities to GDP (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 50.9% | — |
| 2011 | 46.4% | -8.8% |
| 2012 | 43.6% | -6.1% |
| 2013 | 42.8% | -1.9% |
| 2014 | 60.6% | +41.6% |
| 2015 | 62.5% | +3.1% |
| 2016 | 64.4% | +3.0% |
| 2017 | 62.6% | -2.7% |
| 2018 | 64.2% | +2.4% |
| 2019 | 65.2% | +1.7% |
| 2020 | 76.4% | +17.1% |
| 2021 | 73.9% | -3.3% |
Latvia compared with similar countries
- Latvia's 73.9% is below the median for high income countries, which is 96.0%, 77% of the median. (61 countries reporting)
- Latvia's 73.9% is below the median for Europe & Central Asia, which is 75.1%, 98% of the median. (48 countries reporting)
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
- 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 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 186 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.
Download this data
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.