Mutual fund assets to GDP in Latvia

Latvia: Mutual fund assets to GDP was 0.8% in 2020. ◆ Volatile

Latest (2020)
0.8%
Change on year
up 13.6%
World rank
73rd
of 78 countries
All-time high
1.8%
in 2013
All-time low
0.1%
in 2000
Years of data
21
2000–2020

Mutual fund assets to GDP in Latvia, 2000–2020

00.511.522000201020202000: 0.073 %2001: 0.096 %2002: 0.145 %2003: 0.273 %2004: 0.324 %2005: 0.555 %2006: 0.648 %2007: 0.857 %2008: 0.546 %2009: 0.884 %2010: 1.6 %2011: 1.7 %2012: 1.5 %2013: 1.8 %2014: 0.966 %2015: 0.908 %2016: 0.861 %2017: 0.801 %2018: 0.698 %2019: 0.74 %2020: 0.841 %

Source: World Bank - Non banking financial database. Measured in %.

Analysis

Latvia recorded 0.8% for mutual fund assets to gdp in 2020.

Compared with earlier readings it is up 13.6% on the previous year and down 48.1% over ten years.

Over the whole period, mutual fund assets to gdp in Latvia peaked at 1.8% in 2013 and was at its lowest, 0.1%, in 2000.

That places Latvia 73rd out of 78 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Mutual fund assets to GDP in Latvia, year by year

Annual values for Mutual fund assets to GDP (%) in Latvia, 2000 to 2020.
Year % Change
2000 0.1%
2001 0.1% +32.0%
2002 0.1% +50.5%
2003 0.3% +88.4%
2004 0.3% +18.8%
2005 0.6% +71.4%
2006 0.6% +16.7%
2007 0.9% +32.3%
2008 0.5% -36.3%
2009 0.9% +61.8%
2010 1.6% +83.2%
2011 1.7% +5.4%
2012 1.5% -11.3%
2013 1.8% +21.1%
2014 1.0% -47.3%
2015 0.9% -6.0%
2016 0.9% -5.2%
2017 0.8% -6.9%
2018 0.7% -12.9%
2019 0.7% +6.1%
2020 0.8% +13.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4% 0.1% 0.9% 10
2010s 1.2% 0.7% 1.8% 10
2020s 0.8% 0.8% 0.8% 1

Countries ranked near Latvia

  1. 70 Armenia 1.3% compare
  2. 71 Nigeria 1.0% compare
  3. 72 Serbia 0.9% compare
  4. 74 Sri Lanka 0.7% compare
  5. 75 Paraguay 0.5% compare
  6. 76 Malawi 0.2% compare

See the full ranking of 78 places →

More financial sector data for Latvia

All data for Latvia →

Frequently asked questions

What is mutual fund assets to gdp in Latvia?
Mutual fund assets to gdp in Latvia was 0.8% in 2020, according to World Bank - Non banking financial database.
What is the highest mutual fund assets to gdp recorded in Latvia?
The highest recorded value was 1.8% in 2013.
What is the lowest mutual fund assets to gdp recorded in Latvia?
The lowest recorded value was 0.1% in 2000.
How does Latvia rank for mutual fund assets to gdp?
Latvia ranks 73rd out of 78 countries with data for 2020.
Is mutual fund assets to gdp rising or falling in Latvia?
Over the last ten years it is down 48.1%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from World Bank - Non banking financial database, published as part of Mutual fund assets to GDP (%). Statizoid updates them automatically from the source API.

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Mutual fund assets to GDP in Latvia. Statizoid, drawing on World Bank - Non banking financial database. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/mutual-fund-assets-to-gdp-percent/latvia/

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About this data

Indicator
Mutual fund assets to GDP (%)
Unit
%
Source
World Bank - Non banking financial database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
78 places, 1,323 data points, 1993–2020
Last refreshed

Data taken from a variety of sources such as Investment Company Institute and national sources.