Revenue, excluding grants (current LCU), annual growth rate in Latvia
Latvia: Revenue, excluding grants (current LCU), annual growth rate was 8.85 % change on previous year in 2024. ◆ Volatile
Revenue, excluding grants (current LCU), annual growth rate in Latvia, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for revenue, excluding grants (current lcu), annual growth rate in Latvia is 8.85 % change on previous year, measured in 2024.
The figure is down 33.5% on the previous year and up 99.9% over ten years.
Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Latvia peaked at 111.84 % change on previous year in 1995 and was at its lowest, -18.6 % change on previous year, in 2009.
That places Latvia 81st out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants (current LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 111.84 % change on previous year | — |
| 1996 | 12.21 % change on previous year | -89.1% |
| 1997 | 31.79 % change on previous year | +160.3% |
| 1998 | 13.12 % change on previous year | -58.7% |
| 1999 | 1.31 % change on previous year | -90.0% |
| 2000 | 0.6988 % change on previous year | -46.8% |
| 2001 | 3.91 % change on previous year | +459.3% |
| 2002 | 12.41 % change on previous year | +217.6% |
| 2003 | 11.39 % change on previous year | -8.3% |
| 2004 | 16.99 % change on previous year | +49.2% |
| 2005 | 23.35 % change on previous year | +37.4% |
| 2006 | 32.78 % change on previous year | +40.4% |
| 2007 | 26.41 % change on previous year | -19.5% |
| 2008 | 5.11 % change on previous year | -80.6% |
| 2009 | -18.6 % change on previous year | -464.1% |
| 2010 | -4.88 % change on previous year | -73.8% |
| 2011 | 12.83 % change on previous year | -363.2% |
| 2012 | 11.31 % change on previous year | -11.8% |
| 2013 | 4.02 % change on previous year | -64.4% |
| 2014 | 4.43 % change on previous year | +10.0% |
| 2015 | 3.66 % change on previous year | -17.4% |
| 2016 | 6.92 % change on previous year | +89.1% |
| 2017 | 5.22 % change on previous year | -24.4% |
| 2018 | 7.9 % change on previous year | +51.2% |
| 2019 | 5.54 % change on previous year | -29.8% |
| 2020 | 4.53 % change on previous year | -18.2% |
| 2021 | 8.52 % change on previous year | +87.9% |
| 2022 | 12.22 % change on previous year | +43.5% |
| 2023 | 13.31 % change on previous year | +8.9% |
| 2024 | 8.85 % change on previous year | -33.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.05 % change on previous year | 1.31 % change on previous year | 111.84 % change on previous year | 5 |
| 2000s | 11.45 % change on previous year | -18.6 % change on previous year | 32.78 % change on previous year | 10 |
| 2010s | 5.7 % change on previous year | -4.88 % change on previous year | 12.83 % change on previous year | 10 |
| 2020s | 9.49 % change on previous year | 4.53 % change on previous year | 13.31 % change on previous year | 5 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is revenue, excluding grants (current lcu), annual growth rate in Latvia?
- Revenue, excluding grants (current lcu), annual growth rate in Latvia was 8.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 111.84 % change on previous year in 1995.
- What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -18.6 % change on previous year in 2009.
- How does Latvia rank for revenue, excluding grants (current lcu), annual growth rate?
- Latvia ranks 81st out of 156 countries with data for 2024.
- Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 99.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.