LVA Latvia development indicators, 2022

Indicator
Latvia
Latvia
Age dependency ratio (% of working-age population) 59.8
Agriculture, forestry, and fishing, value added (% of GDP) 5.1
Bank capital to assets ratio (%) 7.9
Bank nonperforming loans to total gross loans (%) 1.8
Charges for the use of intellectual property, payments (BoP, current US$) 38,768,989
Charges for the use of intellectual property, receipts (BoP, current US$) 17,805,193
Completeness of birth registration (%) 100.0
Current account balance (BoP, current US$) -2,642,193,605
Exports of goods and services (% of GDP) 70.3
Foreign direct investment, net inflows (BoP, current US$) 1,216,506,137
Fuel exports (% of merchandise exports) 12.4
GDP (current US$) 41,153,912,663
GDP growth (annual %) 2.0
GDP per capita (constant 2010 US$) 16,947
GDP per capita (current US$) 21,851
GDP per capita growth (annual %) 2.0
GDP per capita, PPP (current international $) 39,956
GNI per capita, Atlas method (current US$) 21,500
GNI per capita, PPP (current international $) 39,260
GNI, Atlas method (current US$) 40,494,806,029
GNI, PPP (current international $) 73,950,800,084
Gross capital formation (% of GDP) 25.8
Gross savings (% of GDP) 19.3
Imports of goods and services (% of GDP) 76.2
Industry (including construction), value added (% of GDP) 20.9
Inflation, GDP deflator (annual %) 14.1
Inflation, consumer prices (annual %) 17.3
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 55.2
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 68.1
Labor force, female (% of total labor force) 49.4
Labor force, total 971,430
Logistics performance index: Overall (1=low to 5=high) 3.5
Merchandise exports (current US$) 23,885,000,000
Merchandise imports (current US$) 29,466,000,000
Merchandise trade (% of GDP) 130
Official exchange rate (LCU per US$, period average) 0.9
Ores and metals exports (% of merchandise exports) 1.9
PPP conversion factor, GDP (LCU per international $) 0.5
Personal remittances, received (current US$) 1,333,463,360
Population ages 0-14 (% of total population) 15.6
Population ages 15-64 (% of total population) 62.6
Population ages 65 and above (% of total population) 21.9
Population growth (annual %) -0.1
Population, female (% of total population) 53.6
Population, total 1,883,379
Price level ratio of PPP conversion factor (GDP) to market exchange rate 0.5
Proportion of seats held by women in national parliaments (%) 30.0
Refugee population by country or territory of asylum 39,055
Refugee population by country or territory of origin 102
Rural population 592,511
Rural population (% of total population) 31.5
Terrestrial and marine protected areas (% of total territorial area) 17.5
Total reserves (includes gold, current US$) 4,460,033,443
Unemployment, female (% of female labor force) (modeled ILO estimate) 5.0
Unemployment, male (% of male labor force) (modeled ILO estimate) 7.8
Unemployment, total (% of total labor force) (modeled ILO estimate) 6.4
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 8.8
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 16.8
Urban population 1,290,868
Urban population (% of total population) 68.5