Pension fund assets to GDP (%) in Latvia
Latvia: Pension fund assets to GDP (%) was 19.3% in 2020. ◆ Volatile
Pension fund assets to GDP in Latvia, 2001–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for pension fund assets to gdp in Latvia is 19.3%, measured in 2020. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 16.8% on the previous year and up 161.9% over ten years.
Over the whole period, pension fund assets to gdp in Latvia peaked at 19.3% in 2020 and was at its lowest, 0.2%, in 2001.
Latvia ranks 37th of 87 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Pension fund assets to GDP (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 0.2% | — |
| 2002 | 0.3% | +77.7% |
| 2003 | 0.5% | +52.0% |
| 2004 | 0.3% | -31.0% |
| 2005 | 0.4% | +17.3% |
| 2006 | 1.4% | +277.3% |
| 2007 | 1.9% | +33.1% |
| 2008 | 3.1% | +63.2% |
| 2009 | 6.0% | +92.5% |
| 2010 | 7.4% | +23.0% |
| 2011 | 7.1% | -3.3% |
| 2012 | 7.6% | +6.1% |
| 2013 | 8.4% | +11.5% |
| 2014 | 9.8% | +16.1% |
| 2015 | 10.9% | +11.2% |
| 2016 | 12.5% | +14.5% |
| 2017 | 13.7% | +10.1% |
| 2018 | 14.0% | +1.6% |
| 2019 | 16.6% | +18.6% |
| 2020 | 19.3% | +16.8% |
Latvia compared with similar countries
- Latvia's 19.3% is below the median for high income countries, which is 30.1%, 64% of the median. (46 countries reporting)
- Latvia's 19.3% is above the median for Europe & Central Asia, which is 12.2%, 1.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Pension fund assets to GDP (%) 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 |
|---|---|---|---|
| 2006 | +277.3% | 0.4% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | 0.2% | 6.0% | 9 |
| 2010s | 10.8% | 7.1% | 16.6% | 10 |
| 2020s | 19.3% | 19.3% | 19.3% | 1 |
Countries ranked near Latvia
- 34 Peru 23.1% compare
- 35 Estonia 21.8% compare
- 36 Mexico 20.4% compare
- 38 Papua New Guinea 19.0% compare
- 39 Kazakhstan 15.4% compare
- 40 Dominican Republic 14.5% 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 pension fund assets to gdp in Latvia?
- Pension fund assets to gdp in Latvia was 19.3% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest pension fund assets to gdp recorded in Latvia?
- The highest recorded value was 19.3% in 2020.
- What is the lowest pension fund assets to gdp recorded in Latvia?
- The lowest recorded value was 0.2% in 2001.
- How does Latvia rank for pension fund assets to gdp?
- Latvia ranks 37th out of 87 countries with data for 2020.
- Is pension fund assets to gdp rising or falling in Latvia?
- Over the last ten years it is up 161.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Pension fund assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.