Country statistical profiles: Key tables from OECD
The key tables by country statistical profiles include a wide range of indicators on economy, education, energy, environment, foreign aid, health, information and communication, labour, migration, R&D, trade and society. Historical data refer to the latest eight time periods.
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Country statistical profile: Latvia 2023/1
Country statistical profiles: Key tables from OECD - ISSN 2075-2288 - © OECD 2023
| | Country statistical profile: Latvia 2023 | |||||||||
| | ||||||||||
| | | Unit | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| | Production and income | |||||||||
| | GDP per capita | USD current PPPs | 23 810 | 24 975 | 26 724 | 28 690 | 30 892 | 32 939 | 33 008 | 35 150 |
| | Gross national income (GNI) per capita | USD current PPPs | 23 841 | 24 859 | 26 686 | 28 618 | 30 402 | 32 460 | 33 000 | 34 503 |
| | Household disposable income per capita | Annual growth % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Economic growth | |||||||||
| | Real GDP growth | Annual growth % | 1.9 | 3.9 | 2.4 | 3.3 | 4.0 | 2.6 | -2.2 | 4.1 |
| | Net saving rate in household disposable income | % | -8.8 | -4.7 | -3.0 | -3.5 | -1.9 | 0.3 | 6.3 | 5.9 |
| | Gross fixed capital formation | Annual growth % | -3.9 | -2.0 | -8.2 | 11.4 | 11.7 | 6.9 | -2.6 | 2.9 |
| | Economic structure: share of real value added | |||||||||
| | Agriculture, forestry, fishing | % | 4.0 | 4.0 | 3.7 | 4.1 | 4.1 | 4.8 | 5.0 | 4.7 |
| | Industry including energy | % | 15.3 | 15.7 | 15.9 | 16.0 | 15.1 | 15.2 | 16.0 | 17.2 |
| | Construction | % | 6.3 | 6.1 | 5.3 | 5.8 | 6.4 | 6.5 | 6.3 | 5.5 |
| | Trade, repairs, transport, accomm., food services | % | 25.9 | 26.0 | 25.7 | 25.4 | 25.2 | 24.8 | 22.8 | 23.5 |
| | Information, communication | % | 4.4 | 4.6 | 4.9 | 5.2 | 5.5 | 5.7 | 6.0 | 5.9 |
| | Finance and insurance | % | 4.3 | 4.8 | 4.7 | 3.8 | 3.6 | 3.0 | 3.0 | 3.3 |
| | Real estate | % | 13.9 | 12.5 | 12.8 | 12.4 | 12.4 | 12.1 | 12.3 | 11.0 |
| | Professional, scientific, support services | % | 7.2 | 7.3 | 7.6 | 7.7 | 7.8 | 7.6 | 7.8 | 8.1 |
| | Public admin., defence, education, health, social work | % | 15.8 | 16.1 | 16.2 | 16.3 | 16.5 | 17.0 | 18.1 | 18.5 |
| | Other services (ISIC Rev.4 R - U) | % | 3.0 | 3.1 | 3.2 | 3.3 | 3.3 | 3.2 | 2.6 | 2.3 |
| | Government deficits and debt | |||||||||
| | Government deficit | % of GDP | -1.6 | -1.4 | 0.0 | -0.8 | -0.8 | -0.6 | -4.3 | -7.0 |
| | General government debt | % of GDP | 51.2 | 46.6 | 50.3 | 47.6 | 46.3 | 47.5 | 53.8 | 57.0 |
| | General government revenues | % of GDP | 37.3 | 37.2 | 37.5 | 37.9 | 38.5 | 37.6 | 37.8 | 37.0 |
| | General government expenditures | % of GDP | 38.9 | 38.6 | 37.4 | 38.7 | 39.3 | 38.2 | 42.0 | .. |
| | Expenditure | |||||||||
| | Government/compulsory expenditure on health | % of GDP | 3.3 | 3.3 | 3.4 | 3.4 | 3.7 | 4.0 | 4.7 | .. |
| | Voluntary expenditure on health | % of GDP | 2.2 | 2.3 | 2.7 | 2.5 | 2.5 | 2.6 | 2.7 | .. |
| | Public social expenditure | % of GDP | 15.4 | 15.7 | 16.0 | 15.8 | 16.1 | 16.5 | 18.5 | 19.8 |
| | Private social expenditure | % of GDP | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | .. |
| | Public pension expenditure | % of GDP | 7.2 | 6.9 | 6.9 | 6.8 | 6.8 | 6.8 | .. | .. |
| | Private pension expenditure | % of GDP | 1.0 | 1.3 | 1.4 | 2.1 | 0.9 | 1.6 | 2.0 | .. |
| | Official Development Assistance - grant equivalent | % of GNI | .. | .. | .. | .. | 0.10 | 0.10 | 0.12 | 0.12 |
| | Official Development Assistance - flows basis | % of GNI | 0.08 | 0.09 | 0.11 | 0.11 | .. | .. | .. | .. |
| | Taxes | |||||||||
| | Total tax revenue | % of GDP | 29.7 | 29.8 | 30.7 | 31.1 | 31.1 | 30.9 | 31.8 | 31.2 |
| | Tax on personal income | % of GDP | 5.9 | 5.9 | 6.3 | 6.6 | 6.0 | 6.5 | 6.1 | 6.1 |
| | Tax on corporate profits | % of GDP | 1.5 | 1.6 | 1.7 | 1.6 | 1.1 | 0.2 | 0.7 | 0.9 |
| | Taxes on goods and services | % of GDP | 12.8 | 13.0 | 13.6 | 13.5 | 13.9 | 13.9 | 14.0 | 13.4 |
| | Taxes on the average worker | % of labour cost | 43.0 | 42.5 | 42.5 | 42.7 | 42.6 | 42.5 | 42.3 | 40.5 |
| | Trade | |||||||||
| | Imports of goods and services | % of GDP | 64.1 | 62.0 | 59.3 | 62.2 | 62.1 | 60.5 | 58.9 | 66.9 |
| | Exports of goods and services | % of GDP | 61.2 | 60.3 | 59.6 | 61.6 | 61.5 | 59.8 | 59.9 | 63.5 |
| | Goods trade balance: exports minus imports of goods | Bln USD | -3.2 | -2.4 | -2.2 | -2.8 | -3.4 | -3.2 | -2.2 | -3.5 |
| | Imports of goods | Bln USD | 18.0 | 14.8 | 14.5 | 16.9 | 19.6 | 19.0 | 18.5 | 24.3 |
| | Exports of goods | Bln USD | 14.8 | 12.3 | 12.2 | 14.0 | 16.2 | 15.7 | 16.3 | 20.8 |
| | Service trade balance: exports minus imports of services | Bln USD | 2.6 | 2.2 | 2.4 | 2.6 | 2.7 | 2.7 | 2.1 | 1.9 |
| | Imports of services | Bln USD | 2.8 | 2.6 | 2.7 | 3.1 | 3.6 | 3.5 | 3.3 | 4.2 |
| | Exports of services | Bln USD | 5.5 | 4.9 | 5.1 | 5.6 | 6.3 | 6.3 | 5.4 | 6.1 |
| | Current account balance of payments | % of GDP | -1.6 | -0.5 | 1.7 | 1.2 | 0.0 | -0.5 | 2.6 | -4.1 |
| | Foreign direct investment (FDI) | |||||||||
| | Outward FDI stocks | Mln USD | 1 805 | 1 838 | 1 933 | 2 249 | 2 343 | 2 167 | 2 571 | 6 019 |
| | Inward FDI stocks | Mln USD | 15 128 | 14 733 | 14 326 | 17 682 | 17 561 | 18 034 | 20 628 | 24 043 |
| | Inflows of foreign direct investment | Mln USD | 896 | 739 | 254 | 744 | 961 | 927 | 1 004 | 3 320 |
| | Outflows of foreign direct investment | Mln USD | 541 | 70 | 160 | 141 | 207 | -103 | 264 | 2 321 |
| | Prices and interest rates | |||||||||
| | Inflation rate: all items | Annual growth % | 0.6 | 0.2 | 0.1 | 2.9 | 2.5 | 2.8 | 0.2 | 3.3 |
| | Inflation rate: all items non food non energy | Annual growth % | 1.7 | 1.5 | 1.6 | 1.7 | 2.2 | 2.7 | 1.2 | 1.9 |
| | Inflation rate: food | Annual growth % | -0.3 | -1.3 | 1.1 | 5.6 | 0.6 | 2.9 | 2.4 | 2.2 |
| | Inflation rate: energy | Annual growth % | -2.0 | -2.7 | -6.9 | 4.1 | 7.2 | 3.1 | -7.1 | 10.5 |
| | Producer Price Indices (PPI): manufacturing | Annual growth % | 0.6 | -1.5 | -1.1 | 3.9 | 4.7 | 2.1 | -0.9 | 10.3 |
| | Long-term interest rates | % | 2.51 | 0.96 | 0.53 | 0.83 | 0.90 | 0.34 | -0.06 | 0.00 |
| | Purchasing power and exchange rates | |||||||||
| | Purchasing power parities | EUR per USD | 0.50 | 0.50 | 0.48 | 0.48 | 0.49 | 0.49 | 0.48 | 0.51 |
| | Exchange rates | EUR per USD | 0.75 | 0.90 | 0.90 | 0.89 | 0.85 | 0.89 | 0.88 | 0.85 |
| | Indices of price levels | OECD=100 | 68 | 63 | 62 | 63 | 66 | 64 | 65 | 69 |
| | Energy supply and prices | |||||||||
| | Total primary energy supply (TPES) | Mtoe | 4.3 | 4.3 | 4.3 | 4.4 | 4.6 | 4.5 | 4.3 | 4.5 |
| | TPES per unit of GDP at 2000 prices and PPPs | Toe per '000 USD | 0.09 | 0.09 | 0.08 | 0.08 | 0.09 | 0.08 | 0.08 | 0.08 |
| | Renewable energy | Ktoe | 1 613.4 | 1 537.1 | 1 623.7 | 1 934.1 | 1 872.9 | 1 849.4 | .. | .. |
| | Crude oil import prices | USD per barrel | .. | .. | .. | .. | .. | .. | .. | .. |
| | Information and Communications Technology (ICT) | |||||||||
| | Households with access to computers | % | .. | 76.1 | .. | 77.4 | .. | .. | .. | .. |
| | Households with access to internet | % | 73.4 | 76.0 | 78.6 | 81.6 | 85.4 | 89.7 | 91.1 | |
| | Environment | |||||||||
| | Water abstactions | Mln m3 | 168 | 177 | 186 | 181 | 183 | 178 | 181 | .. |
| | National fish landings in domestic ports | '000 tonnes | 58 | 61 | 57 | 67 | 66 | 58 | .. | |
| | National fish landings in foreign ports | '000 tonnes | 61 | 20 | 58 | 44 | 45 | .. | ||
| | Aquaculture | '000 tonnes | 1 | 1 | 1 | 1 | 1 | 1 | 1 | .. |
| | Municipal waste total | '000 tonnes | 726 | 798 | 802 | 798 | 785 | 840 | 909 | .. |
| | Municipal waste total per capita | Kg | 359 | 399 | 406 | 409 | 407 | 441 | 482 | .. |
| | CO2emissions from fuel combustion | Mln tonnes | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 7 |
| | Education | |||||||||
| | Tertiary attainment in population aged 25-64 | % | 30 | 32 | 33 | 34 | 34 | 36 | 38 | 39 |
| | Expenditure per student: primary, 2010 prices | USD constant PPPs | 6 577 | 6 729 | 6 585 | 6 375 | 6 625 | 6 865 | .. | .. |
| | Expenditure per student: secondary, 2010 prices | USD constant PPPs | 6 627 | 6 989 | 6 900 | 7 099 | 7 471 | 7 889 | .. | .. |
| | Expenditure per student: tertiary, 2010 prices | USD constant PPPs | 8 974 | 10 222 | 7 601 | 8 342 | 10 331 | 12 186 | .. | .. |
| | Youths 15-19 not in education nor employment | % | 3.8 | 3.1 | 3.5 | 2.3 | 2.9 | 2.7 | 2.6 | 1.6 |
| | Youths 20-24 not in education nor employment | % | 16.6 | 13.3 | 18.4 | 20.3 | 14.0 | 13.9 | 16.8 | 21.0 |
| | Employment | |||||||||
| | Employment rate in population aged 15-24 | % | 32.5 | 34.5 | 32.7 | 33.0 | 33.1 | 31.7 | 29.6 | 27.9 |
| | Employment rate in population aged 25-54 | % | 78.0 | 79.2 | 79.5 | 81.1 | 82.6 | 83.0 | 82.0 | 80.4 |
| | Employment rate in population aged 55-64 | % | 56.3 | 59.4 | 61.2 | 62.2 | 65.3 | 67.3 | 68.4 | 67.8 |
| | Incidence of part-time employment | % | 6.6 | 6.8 | 7.6 | 6.8 | 6.5 | 7.2 | 7.0 | 6.6 |
| | Self-employment rate: total employment | % | 11.5 | 12.9 | 12.7 | 11.5 | 11.6 | .. | 13.0 | |
| | Self-employment rate: male employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Self-employment rate: female employment | % | .. | .. | .. | .. | .. | .. | .. | .. |
| | Unemployment | |||||||||
| | Unemployment rate: total labour force | % | 10.8 | 9.9 | 9.6 | 8.7 | 7.4 | 6.3 | 8.1 | 7.6 |
| | Unemployment rate: male labour force | % | 11.9 | 11.1 | 10.9 | 9.8 | 8.4 | 7.2 | 9.1 | 8.5 |
| | Unemployment rate: female labour force | % | 9.8 | 8.6 | 8.4 | 7.7 | 6.4 | 5.4 | 7.1 | 6.6 |
| | Long-term unemployment: total unemployed | % | 43.1 | 45.5 | 41.5 | 37.7 | 41.7 | 38.2 | 27.3 | 30.3 |
| | Labour compensation and hours worked | |||||||||
| | Labour compensation per unit labour input, total economy | Annual growth % | 7.6 | 10.0 | 7.3 | 8.5 | 6.8 | 10.0 | 8.0 | 9.3 |
| | Average time worked per person in employment | Hours per year | 1 695 | 1 663 | 1 664 | 1 650 | 1 661 | 1 631 | 1 577 | 1 601 |
| | Research and Development (R&D) | |||||||||
| | Gross domestic expenditure on R&D | Mln USD | 328 | 306 | 220 | 267 | 347 | 355 | 379 | .. |
| | Researchers: full-time equivalent | Per '000 employed | 4.3 | 4.1 | 3.6 | 3.9 | 3.8 | 4.0 | 4.6 | .. |
| | Population | |||||||||
| | Total population | '000 persons | 1 994 | 1 978 | 1 960 | 1 942 | 1 927 | 1 914 | 1 900 | 1 884 |
| | Population growth rates | % | -0.9 | -0.8 | -0.9 | -0.9 | -0.8 | -0.7 | -0.7 | -0.8 |
| | Total fertitity rates | Children | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.6 | 1.7 | .. |
| | Youth population aged less than 15 | % of population | 14.8 | 15.1 | 15.4 | 15.7 | 15.8 | 15.9 | 16.0 | 16.0 |
| | Elderly population aged 65 and over | % of population | 19.2 | 19.5 | 19.8 | 20.0 | 20.2 | 20.4 | 20.7 | 20.8 |
| | International migration | |||||||||
| | Foreign-born population | % of population | 13.4 | 13.3 | 13.1 | 12.9 | 12.8 | 12.7 | .. | .. |
| | Foreign population | % of population | 15.3 | 15.1 | 14.7 | 14.3 | 14.1 | 14.0 | .. | .. |
| | Unemployment rate in population of native-born men | % of labour force | .. | .. | .. | 10.0 | 8.7 | 7.3 | 9.0 | 8.9 |
| | Unemployment rate in population of foreign-born men | % of labour force | .. | .. | .. | 8.8 | 7.1 | 7.9 | 10.7 | 7.5 |
| | Unemployment rate in population of native-born women | % of labour force | .. | .. | .. | 8.0 | 6.5 | 5.6 | 7.1 | 6.7 |
| | Unemployment rate in population of foreign-born women | % of labour force | .. | .. | .. | 7.2 | 8.2 | 6.3 | 7.2 | 8.5 |
| | Health | |||||||||
| | Life expectancy at birth | Years | 74.5 | 74.8 | 74.9 | 74.9 | 75.1 | 75.7 | 75.5 | 73.4 |
| | Life expectancy at birth: men | Years | 69.1 | 69.7 | 69.8 | 69.8 | 70.1 | 70.9 | 70.6 | 68.6 |
| | Life expectancy at birth: women | Years | 79.4 | 79.5 | 79.6 | 79.7 | 79.7 | 80.1 | 80.0 | 78.2 |
| | Infant mortality | Per '000 | 3.8 | 4.1 | 3.7 | 4.1 | 3.2 | 3.4 | 3.5 | .. |
| | Overweight or obese, % of population aged 15 and over | Measured | 54.6 | .. | 54.6 | .. | 58.7 | .. | 58.8 | .. |
| | Suicide Rates | Per 100 000 persons | 18.4 | 18.6 | 17.7 | 17.3 | 14.7 | 14.4 | 14.9 | .. |
| | Transport | |||||||||
| | Goods transport | Mln tonne-km | 35 487 | 35 561 | 31 607 | 31 397 | 33 965 | 31 113 | 22 200 | 22 672 |
| | Passenger transport | Mln passenger-km | .. | .. | .. | .. | .. | .. | .. | .. |
| | Road Fatalities | Per mln inhabitants | 11 | 10 | 8 | 7 | 8 | 7 | 7 | 8 |
| Last updated: 27 January 2023; disclaimer: http://oe.cd/disclaimer | ||||||||||
Not available | ||||||||||
Break in series | ||||||||||
Confidential data | ||||||||||
Estimated value | ||||||||||
| Source: OECD Data (data.oecd.org). | ||||||||||