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Latvia – Dependency Ratio

Name: Latvia Dependency Ratio
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Ratio of dependents (people younger than 15 or older than 64) to the working-age population (15-64). Higher ratios imply greater economic burden on workers. · World Bank

59.11 +0.32 from 2023 G20 rank: 142nd · all-time high: 59.11 (2024)

APA

Latvia Dependency Ratio. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/latvia/dependency-ratio

BibTeX

@misc{historysaid_latvia_dependency-ratio,
  title = {Latvia Dependency Ratio},
  url = {https://historysaid.com/latvia/dependency-ratio},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	59.97	–	–
2026* trend	59.68	–	–
2025* trend	59.40	–	–
2024	59.11	+0.32	142nd
2023	58.79	+0.22	141st
2022	58.57	+0.22	139th
2021	58.35	+0.45	137th
2020	57.90	+0.80	135th
2019	57.10	+0.78	129th
2018	56.33	+0.85	128th
2017	55.48	+1.20	125th
2016	54.28	+1.27	115th
2015	53.00	+1.29	110th
2014	51.72	+1.34	99th
2013	50.38	+1.04	93rd
2012	49.34	+0.72	85th
2011	48.62	+0.63	79th
2010	48.00	+0.72	70th
2009	47.28	+0.72	65th
2008	46.56	+0.32	54th
2007	46.24	+0.07	50th
2006	46.17	−0.03	46th
2005	46.19	−0.23	44th
2004	46.42	−0.31	44th
2003	46.73	−0.44	44th
2002	47.17	−0.60	45th
2001	47.78	−0.71	46th
2000	48.49	−0.94	52nd
1999	49.43	−1.15	56th
1998	50.59	−0.88	61st
1997	51.47	−0.49	63rd
1996	51.95	−0.27	65th
1995	52.23	−0.02	63rd
1994	52.25	+0.21	64th
1993	52.04	+0.53	58th
1992	51.50	+1.09	55th
1991	50.41	+0.73	45th
1990	49.68	+0.06	40th
1989	49.62	+0.23	39th
1988	49.40	+0.25	36th
1987	49.15	+0.09	36th
1986	49.06	−0.08	32nd
1985	49.14	−0.18	32nd
1984	49.32	−0.06	34th
1983	49.38	−0.18	26th
1982	49.56	−0.38	25th
1981	49.94	−0.27	24th
1980	50.21	−0.06	20th
1979	50.27	−0.09	19th
1978	50.36	−0.21	17th
1977	50.57	−0.21	15th
1976	50.78	−0.20	15th
1975	50.99	−0.13	13th
1974	51.11	−0.15	12th
1973	51.26	+0.01	12th
1972	51.24	+0.31	12th
1971	50.93	+0.30	10th
1970	50.63	+0.27	8th
1969	50.36	+0.32	8th
1968	50.04	+0.29	7th
1967	49.75	+0.07	5th
1966	49.68	−0.01	4th
1965	49.69	−0.05	3rd
1964	49.74	−0.08	3rd
1963	49.82	+0.04	4th
1962	49.78	+0.30	2nd
1961	49.48	+0.64	2nd
1960	48.84	–	3rd

Show all years (1960–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Export Boom Cycle

Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.

Reserves YoY +31.4% GDP growth 3.4% C/A balance 1.5%

This pattern occurred 682 times in G20 history, 460 successful

United Arab Emirates 2024

Reserves YoY

+25.6%

GDP growth

4.0%

C/A balance

14.5%

Guatemala 2024

Reserves YoY

+14.6%

GDP growth

3.7%

C/A balance

2.9%

Cambodia 2024

Reserves YoY

+12.6%

GDP growth

6.0%

C/A balance

0.5%

Sri Lanka 2024

Reserves YoY

+38.3%

GDP growth

5.0%

C/A balance

1.2%

Lesotho 2024

Reserves YoY

+18.0%

GDP growth

2.9%

C/A balance

3.9%

Lithuania 2024

Reserves YoY

+20.1%

GDP growth

2.8%

C/A balance

3.3%

HistorySaid

Over the last decade, Latvia's dependency ratio averaged 56.89. The 2024 figure of 59.11 is above this long-run average. Based on recent trends, HistorySaid estimates 59.40 by 2025.