Total reserves in months of imports (ratio) in Latvia
Latvia: Total reserves in months of imports (ratio) was 1.85 in 2024. ▼ Falling
Total reserves in months of imports in Latvia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for total reserves in months of imports in Latvia is 1.85, measured in 2024.
That represents a change of up 5.1% on the previous year and up 3.9% over ten years.
Over the whole period, total reserves in months of imports in Latvia peaked at 7.17 in 2009 and was at its lowest, 1.58, in 2022.
Latvia ranks 151st of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Total reserves in months of imports (ratio) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.76 | — |
| 2001 | 4.35 | +15.6% |
| 2002 | 4.12 | -5.2% |
| 2003 | 3.32 | -19.4% |
| 2004 | 2.94 | -11.5% |
| 2005 | 2.64 | -10.0% |
| 2006 | 3.65 | +38.1% |
| 2007 | 3.37 | -7.6% |
| 2008 | 2.93 | -13.0% |
| 2009 | 7.17 | +144.7% |
| 2010 | 6.34 | -11.6% |
| 2011 | 3.88 | -38.9% |
| 2012 | 4.38 | +12.9% |
| 2013 | 4.44 | +1.5% |
| 2014 | 1.78 | -60.0% |
| 2015 | 2.24 | +26.1% |
| 2016 | 2.31 | +2.8% |
| 2017 | 2.65 | +15.1% |
| 2018 | 2.21 | -16.6% |
| 2019 | 2.35 | +6.1% |
| 2020 | 2.89 | +22.9% |
| 2021 | 2.26 | -21.7% |
| 2022 | 1.58 | -30.1% |
| 2023 | 1.76 | +11.4% |
| 2024 | 1.85 | +5.1% |
Latvia compared with similar countries
- Latvia's 1.85 is below the median for high income countries, which is 3.04, 61% of the median. (59 countries reporting)
- Latvia's 1.85 is below the median for Europe & Central Asia, which is 2.98, 62% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Total reserves in months of imports (ratio) 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 |
|---|---|---|---|
| 2009 | +144.7% | 2.93 | 7.17 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.82 | 2.64 | 7.17 | 10 |
| 2010s | 3.26 | 1.78 | 6.34 | 10 |
| 2020s | 2.07 | 1.58 | 2.89 | 5 |
Countries ranked near Latvia
- 148 State of Palestine 1.91 compare
- 149 Kosovo 1.88 compare
- 150 Bolivia (Plurinational State of) 1.85 compare
- 152 Australia and New Zealand 1.84 compare
- 153 Spain 1.82 compare
- 154 Ethiopia 1.78 compare
More infrastructure data for Latvia
- Mobile cellular subscriptions 2.27 million (2024)
- Mobile cellular subscriptions 121.26 per 100 people (2024)
- Fixed telephone subscriptions 204,756 (2024)
- Fixed telephone subscriptions 10.94 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1097 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -6.63 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 204,756 (2024)
- Mobile cellular subscriptions, per capita 1.22 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0001 units per US$ of GDP (2024)
Frequently asked questions
- What is total reserves in months of imports in Latvia?
- Total reserves in months of imports in Latvia was 1.85 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest total reserves in months of imports recorded in Latvia?
- The highest recorded value was 7.17 in 2009.
- What is the lowest total reserves in months of imports recorded in Latvia?
- The lowest recorded value was 1.58 in 2022.
- How does Latvia rank for total reserves in months of imports?
- Latvia ranks 151st out of 186 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Latvia?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Total reserves in months of imports (ratio). Statizoid updates them automatically from the source API.
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