Net foreign assets (current LCU), per unit of GDP in Latvia
Latvia: Net foreign assets (current LCU), per unit of GDP was 0.2158 current LCU per US$ of GDP in 2024. ◆ Volatile
Net foreign assets (current LCU), per unit of GDP in Latvia, 2010–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Latvia recorded 0.2158 current LCU per US$ of GDP for net foreign assets (current lcu), per unit of gdp in 2024.
That represents a change of up 27.8% on the previous year and up 198.8% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Latvia peaked at 0.2309 current LCU per US$ of GDP in 2020 and was at its lowest, -0.0819 current LCU per US$ of GDP, in 2010.
Latvia ranks 149th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets (current LCU), per unit of GDP in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | -0.0819 current LCU per US$ of GDP | — |
| 2011 | -0.0235 current LCU per US$ of GDP | -71.3% |
| 2012 | 0.0225 current LCU per US$ of GDP | -195.5% |
| 2013 | 0.0351 current LCU per US$ of GDP | +56.2% |
| 2014 | 0.0722 current LCU per US$ of GDP | +105.7% |
| 2015 | 0.0644 current LCU per US$ of GDP | -10.8% |
| 2016 | 0.0707 current LCU per US$ of GDP | +9.6% |
| 2017 | 0.0642 current LCU per US$ of GDP | -9.2% |
| 2018 | 0.1277 current LCU per US$ of GDP | +98.9% |
| 2019 | 0.181 current LCU per US$ of GDP | +41.8% |
| 2020 | 0.2309 current LCU per US$ of GDP | +27.6% |
| 2021 | 0.2113 current LCU per US$ of GDP | -8.5% |
| 2022 | 0.1841 current LCU per US$ of GDP | -12.9% |
| 2023 | 0.1689 current LCU per US$ of GDP | -8.3% |
| 2024 | 0.2158 current LCU per US$ of GDP | +27.8% |
Latvia compared with similar countries
- Latvia's 0.2158 current LCU per US$ of GDP is below the median for high income countries, which is 0.596 current LCU per US$ of GDP, 36% of the median. (61 countries reporting)
- Latvia's 0.2158 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.6298 current LCU per US$ of GDP, 34% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0532 current LCU per US$ of GDP | -0.0819 current LCU per US$ of GDP | 0.181 current LCU per US$ of GDP | 10 |
| 2020s | 0.2022 current LCU per US$ of GDP | 0.1689 current LCU per US$ of GDP | 0.2309 current LCU per US$ of GDP | 5 |
Countries ranked near Latvia
- 146 Jordan 0.2473 current LCU per US$ of GDP compare
- 147 Croatia 0.2337 current LCU per US$ of GDP compare
- 148 Montenegro 0.2182 current LCU per US$ of GDP compare
- 150 Kosovo 0.2147 current LCU per US$ of GDP compare
- 151 Austria 0.2127 current LCU per US$ of GDP compare
- 152 Estonia 0.2037 current LCU per US$ of GDP 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), per unit of gdp in Latvia?
- Net foreign assets (current lcu), per unit of gdp in Latvia was 0.2158 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.2309 current LCU per US$ of GDP in 2020.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was -0.0819 current LCU per US$ of GDP in 2010.
- How does Latvia rank for net foreign assets (current lcu), per unit of gdp?
- Latvia ranks 149th out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 198.8%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.