Net foreign assets (current LCU), annual growth rate in Latvia
Latvia: Net foreign assets (current LCU), annual growth rate was 31.46 % change on previous year in 2024. ◆ Volatile
Net foreign assets (current LCU), annual growth rate in Latvia, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 31.46 % change on previous year for net foreign assets (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 859.2% on the previous year and down 72.3% over ten years.
Over the whole period, net foreign assets (current lcu), annual growth rate in Latvia peaked at 197.49 % change on previous year in 2012 and was at its lowest, -22.38 % change on previous year, in 2015.
Latvia ranks 46th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets (current LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 67.45 % change on previous year | — |
| 2012 | 197.49 % change on previous year | +192.8% |
| 2013 | 67.93 % change on previous year | -65.6% |
| 2014 | 113.6 % change on previous year | +67.2% |
| 2015 | -22.38 % change on previous year | -119.7% |
| 2016 | 12.86 % change on previous year | -157.5% |
| 2017 | -1.55 % change on previous year | -112.0% |
| 2018 | 125.01 % change on previous year | -8186.8% |
| 2019 | 41.13 % change on previous year | -67.1% |
| 2020 | 28.66 % change on previous year | -30.3% |
| 2021 | 4.66 % change on previous year | -83.7% |
| 2022 | -13.29 % change on previous year | -385.0% |
| 2023 | 3.28 % change on previous year | -124.7% |
| 2024 | 31.46 % change on previous year | +859.2% |
Latvia compared with similar countries
- Latvia's 31.46 % change on previous year is above the median for high income countries, which is 14.46 % change on previous year, 2.2× the median. (61 countries reporting)
- Latvia's 31.46 % change on previous year is above the median for Europe & Central Asia, which is 16.78 % change on previous year, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2018 | +8186.8% | -1.55 % change on previous year | 125.01 % change on previous year |
| 2024 | +859.2% | 3.28 % change on previous year | 31.46 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 66.84 % change on previous year | -22.38 % change on previous year | 197.49 % change on previous year | 9 |
| 2020s | 10.95 % change on previous year | -13.29 % change on previous year | 31.46 % change on previous year | 5 |
Countries ranked near Latvia
- 43 Democratic Republic of Congo 32.29 % change on previous year compare
- 44 Singapore 32.08 % change on previous year compare
- 45 Eswatini 31.54 % change on previous year compare
- 47 Guatemala 31.36 % change on previous year compare
- 48 Bhutan 30.53 % change on previous year compare
- 49 Ecuador 30.1 % change on previous year compare
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 net foreign assets (current lcu), annual growth rate in Latvia?
- Net foreign assets (current lcu), annual growth rate in Latvia was 31.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 197.49 % change on previous year in 2012.
- What is the lowest net foreign assets (current lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -22.38 % change on previous year in 2015.
- How does Latvia rank for net foreign assets (current lcu), annual growth rate?
- Latvia ranks 46th out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 72.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Net foreign assets (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.