Number of housing starts (Absolute value) in Latvia
Latvia: Number of housing starts (Absolute value) was 2.06 in 2018. ◆ Volatile
Latest (2018)
2.06
Change on year
up 0.5%
World rank
26th
of 26 countries
All-time high
5.08
in 2006
All-time low
0.72
in 1999
Years of data
20
1999–2018
Number of housing starts in Latvia, 1999–2018
Source: European Central Bank.
Analysis
In 2018, number of housing starts in Latvia stood at 2.06.
The figure is up 0.5% on the previous year and down 20.1% over ten years.
Over the whole period, number of housing starts in Latvia peaked at 5.08 in 2006 and was at its lowest, 0.72, in 1999.
Latvia ranks 26th of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of housing starts (Absolute value) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0.72 | — |
| 2000 | 0.94 | +30.6% |
| 2001 | 1.04 | +10.6% |
| 2002 | 1.51 | +45.2% |
| 2003 | 2.09 | +38.4% |
| 2004 | 3.13 | +49.7% |
| 2005 | 4.04 | +29.1% |
| 2006 | 5.08 | +25.7% |
| 2007 | 4.47 | -11.9% |
| 2008 | 2.57 | -42.5% |
| 2009 | 1.38 | -46.3% |
| 2010 | 1.14 | -17.6% |
| 2011 | 1.2 | +5.4% |
| 2012 | 1.36 | +13.3% |
| 2013 | 1.45 | +6.5% |
| 2014 | 1.47 | +1.5% |
| 2015 | 1.44 | -2.4% |
| 2016 | 1.38 | -3.6% |
| 2017 | 2.05 | +47.9% |
| 2018 | 2.06 | +0.5% |
Latvia compared with similar countries
- Latvia's 2.06 is below the median for Europe & Central Asia, which is 19.93, 10% of the median. (25 countries reporting)
- Latvia's 2.06 is below the median for high income countries, which is 19.93, 10% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.72 | 0.72 | 0.72 | 1 |
| 2000s | 2.63 | 0.94 | 5.08 | 10 |
| 2010s | 1.5 | 1.14 | 2.06 | 9 |
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 number of housing starts in Latvia?
- Number of housing starts in Latvia was 2.06 in 2018, according to European Central Bank.
- What is the highest number of housing starts recorded in Latvia?
- The highest recorded value was 5.08 in 2006.
- What is the lowest number of housing starts recorded in Latvia?
- The lowest recorded value was 0.72 in 1999.
- How does Latvia rank for number of housing starts?
- Latvia ranks 26th out of 26 countries with data for 2018.
- Is number of housing starts rising or falling in Latvia?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of Number of housing starts (Absolute value). Statizoid updates them automatically from the source API.
Download this data
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