08, Aug 2020, EDT.

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Country or Region: Latvia › Change country
Economic Indicator: Gross National Savings (% of GDP) › See all Latvia indicators, › See Gross National Savings (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lats
Currency Symbol: LVL

Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment. Source: National Statistics Office Latest actual data: 2015 National accounts manual used: European System of Accounts (ESA) 2010 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2010 Chain-weighted: Yes, from 1995 Primary domestic currency: Euro Data last updated: 03/2016

Gross National Savings (% of GDP) for Latvia in year 2015 is 20.568 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

This makes Latvia No. 74 in world rankings according to Gross National Savings (% of GDP) in year 2015. The world's average Gross National Savings (% of GDP) value is 17.53 %; Latvia is 3.04 more than the average.

In the previous year, 2014, Gross National Savings (% of GDP) for Latvia was 21.50 % Gross National Savings (% of GDP) for Latvia in 2015 was or will be 4.34% less than it was or will be in 2014.

In the following or forecasted year, 2016, Gross National Savings (% of GDP) for Latvia was or will be 20.18 %, which is 1.88% less than the 2015 figure.