Latvia - Gross Savings 2020
25.19%
+2.03% from 2019
Latvia's gross savings was 25.19% in 2020, increased +2.03% from 23.16% in 2019. This was the 63rd highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brunei Darussalam | 50.89% | -4.9% |
| 2nd | Iran, Islamic Republic of | 48.15% | 17.0% |
| 3rd | Zambia | 46.42% | 16.8% |
| 4th | Kiribati | 46.11% | -15.2% |
| 5th | Zimbabwe | 44.01% | -4.6% |
| 6th | China | 43.50% | 0.4% |
| 7th | Qatar | 41.78% | -9.5% |
| 8th | Singapore | 41.63% | 4.4% |
| 9th | Macao SAR, China | 39.47% | -16.1% |
| 10th | Bermuda | 39.28% | 2.2% |
| 11th | Mauritania | 37.55% | 2.9% |
| 12th | Suriname | 37.47% | 28.5% |
| 13th | Bangladesh | 37.19% | 19.4% |
| 14th | Tanzania | 36.43% | 13.9% |
| 15th | Congo, Republic of | 36.29% | -3.4% |
| 16th | Tajikistan | 36.06% | 127.1% |
| 17th | Korea | 35.83% | 4.3% |
| 18th | Cambodia | 35.76% | 54.1% |
| 19th | Ireland | 34.60% | 4.9% |
| 20th | Samoa | 33.66% | -5.8% |
| 21st | Algeria | 33.34% | -12.9% |
| 22nd | Viet Nam | 33.01% | -7.6% |
| 23rd | Vanuatu | 32.98% | -35.3% |
| 24th | Nepal | 32.82% | -4.7% |
| 25th | Norway | 32.44% | -2.9% |
| 26th | San Marino | 31.47% | -11.4% |
| 27th | Sri Lanka | 31.35% | -2.1% |
| 28th | Switzerland | 31.17% | 2.2% |
| 29th | Myanmar | 30.98% | 7.2% |
| 30th | United Arab Emirates | 30.89% | -12.9% |
| 31st | Chad | 30.28% | -1.1% |
| 32nd | Türkiye | 30.10% | 1.8% |
| 33rd | Denmark | 29.99% | 2.2% |
| 34th | Sweden | 29.98% | 1.1% |
| 35th | Gabon | 29.56% | -14.5% |
| 36th | Kyrgyz Republic | 29.26% | 115.7% |
| 37th | Indonesia | 29.22% | -6.0% |
| 38th | Austria | 29.21% | 4.8% |
| 39th | India | 28.68% | -1.9% |
| 40th | Uzbekistan | 28.59% | -2.7% |
| 41st | Israel | 28.44% | 6.5% |
| 42nd | Bahrain | 28.24% | -16.1% |
| 43rd | Japan | 28.15% | -3.7% |
| 44th | Equatorial Guinea | 28.06% | 31.4% |
| 45th | Thailand | 28.04% | -9.1% |
| 46th | Germany | 28.02% | -4.2% |
| 47th | Slovenia | 27.85% | 1.9% |
| 48th | Morocco | 27.70% | 2.6% |
| 49th | Belarus | 27.47% | 0.9% |
| 50th | Estonia | 27.15% | -4.3% |
| 51st | North Macedonia | 27.12% | -13.3% |
| 52nd | Netherlands | 27.06% | -5.2% |
| 53rd | Gambia, The | 26.89% | 101.2% |
| 54th | Burundi | 26.64% | 245.2% |
| 55th | Kosovo | 26.58% | -8.0% |
| 56th | Hungary | 26.48% | -5.6% |
| 57th | Kazakhstan | 26.23% | 10.4% |
| 58th | Hong Kong SAR, China | 25.97% | 8.0% |
| 59th | Czechia | 25.86% | -2.4% |
| 60th | Russian Federation | 25.77% | -2.9% |
| 61st | Finland | 25.52% | 4.6% |
| 62nd | Senegal | 25.49% | 6.0% |
| 63rd | Latvia | 25.19% | 8.7% |
| 64th | Belgium | 24.99% | 0.8% |
| 65th | Philippines | 24.82% | -3.0% |
| 66th | Panama | 24.66% | -25.1% |
| 67th | Bhutan | 24.44% | -20.4% |
| 68th | European Union | 24.28% | -3.9% |
| 69th | Botswana | 24.19% | 1.5% |
| 70th | Iraq | 24.03% | 13.5% |
| 71st | Malaysia | 23.82% | -3.0% |
| 72nd | Nicaragua | 23.75% | 0.0% |
| 73rd | Lithuania | 23.73% | 1.9% |
| 74th | Azerbaijan | 23.57% | -13.9% |
| 75th | Guinea-Bissau | 23.55% | 209.2% |
| 76th | Australia | 23.23% | 1.7% |
| 77th | Kuwait | 22.95% | -35.7% |
| 78th | Dominican Republic | 22.93% | -4.1% |
| 79th | Belize | 22.73% | 130.7% |
| 80th | Croatia | 22.58% | -7.5% |
| 81st | Eswatini | 22.50% | 4.9% |
| 82nd | Antigua and Barbuda | 22.43% | -25.1% |
| 83rd | Malta | 22.29% | -42.6% |
| 84th | Mexico | 22.19% | 1.6% |
| 85th | Honduras | 21.94% | 7.8% |
| 86th | Paraguay | 21.90% | 3.7% |
| 87th | Uganda | 21.81% | 22.0% |
| 88th | Italy | 21.70% | 0.8% |
| 89th | Benin | 21.58% | 21.4% |
| 90th | Spain | 21.42% | -7.0% |
| 91st | Iceland | 21.26% | -22.9% |
| 92nd | Poland | 21.23% | 3.9% |
| 93rd | Ghana | 21.08% | 21.2% |
| 94th | Angola | 20.94% | -42.3% |
| 95th | Tonga | 20.79% | 3.1% |
| 96th | France | 20.78% | -12.0% |
| 97th | Bulgaria | 20.70% | -7.4% |
| 98th | Timor-Leste | 20.58% | -53.9% |
| 99th | Luxembourg | 20.57% | -24.3% |
| 100th | Lesotho | 20.50% | 5.9% |
| 101st | Serbia | 20.46% | 11.5% |
| 102nd | New Zealand | 20.44% | -3.6% |
| 103rd | Saudi Arabia | 19.99% | -33.1% |
| 104th | Peru | 19.88% | -3.7% |
| 105th | Ecuador | 19.81% | -3.5% |
| 106th | Burkina Faso | 19.67% | 19.7% |
| 107th | Slovak Republic | 19.64% | -4.3% |
| 108th | Congo, Democratic Republic of | 19.59% | 92.6% |
| 109th | Togo | 19.53% | 9.6% |
| 110th | Canada | 19.46% | -7.7% |
| 111th | Romania | 19.25% | -0.8% |
| 112th | St. Kitts and Nevis | 19.16% | -24.0% |
| 113th | Chile | 19.09% | -3.1% |
| 114th | United States | 18.64% | -3.5% |
| 115th | Solomon Islands | 18.63% | 41.5% |
| 116th | Mali | 18.59% | 23.3% |
| 117th | Jamaica | 18.56% | -18.5% |
| 118th | Guatemala | 18.53% | 11.0% |
| 119th | Nigeria | 18.39% | 0.3% |
| 120th | Portugal | 18.37% | -3.2% |
| 121st | El Salvador | 18.29% | 2.1% |
| 122nd | Côte d'Ivoire | 17.75% | -6.1% |
| 123rd | Haiti | 17.72% | -7.6% |
| 124th | Namibia | 17.71% | 30.6% |
| 125th | Albania | 17.66% | 3.1% |
| 126th | Cabo Verde | 17.55% | -32.5% |
| 127th | Bosnia and Herzegovina | 16.33% | -24.9% |
| 128th | Grenada | 16.31% | 11.8% |
| 129th | Mongolia | 16.31% | -20.0% |
| 130th | Egypt, Arab Republic of | 16.28% | -5.5% |
| 131st | Jordan | 16.16% | -5.0% |
| 132nd | Moldova | 16.12% | 2.8% |
| 133rd | Trinidad and Tobago | 15.81% | -31.7% |
| 134th | Armenia | 15.65% | 51.1% |
| 135th | Uruguay | 15.61% | 1.3% |
| 136th | United Kingdom | 15.56% | 0.0% |
| 137th | Kenya | 15.33% | -10.4% |
| 138th | Marshall Islands | 15.13% | 177.6% |
| 139th | Mozambique | 15.08% | -39.0% |
| 140th | Argentina | 15.01% | 11.5% |
| 141st | Bolivia, Plurinational State of | 14.93% | 5.3% |
| 142nd | Costa Rica | 14.88% | 0.1% |
| 143rd | Brazil | 14.84% | 23.2% |
| 144th | Pakistan | 14.54% | 28.5% |
| 145th | Colombia | 14.44% | -14.0% |
| 146th | South Africa | 14.31% | 8.3% |
| 147th | Mauritius | 13.36% | -37.8% |
| 148th | Cameroon | 13.35% | -7.3% |
| 149th | Niger | 13.06% | -27.4% |
| 150th | St. Vincent and the Grenadines | 12.40% | -46.6% |
| 151st | Ukraine | 12.22% | 0.5% |
| 152nd | West Bank and Gaza | 12.17% | -17.1% |
| 153rd | Georgia | 12.09% | -42.9% |
| 154th | Barbados | 11.44% | -2.5% |
| 155th | Oman | 11.35% | -48.4% |
| 156th | Djibouti | 11.34% | -44.8% |
| 157th | Rwanda | 10.97% | -27.5% |
| 158th | Cyprus | 10.95% | -21.7% |
| 159th | Central African Republic | 10.56% | 8.5% |
| 160th | Sierra Leone | 10.55% | 28.2% |
| 161st | Comoros | 10.14% | -22.1% |
| 162nd | Guinea | 9.69% | 437.1% |
| 163rd | Bahamas, The | 8.75% | -63.0% |
| 164th | Madagascar | 8.18% | -59.9% |
| 165th | São Tomé and Principe | 7.19% | -30.2% |
| 166th | Tunisia | 5.62% | -52.0% |
| 167th | Greece | 5.49% | -44.3% |
| 168th | St. Lucia | 5.34% | -78.6% |
| 169th | Sudan | 4.65% | 188.8% |
| 170th | South Sudan | 4.33% | -71.0% |
| 171st | Montenegro | 3.87% | -76.5% |
| 172nd | Aruba | 3.69% | -79.6% |
| 173rd | Malawi | 2.68% | 156.6% |
| 174th | Lebanon | 2.24% | 123.7% |
| 175th | Maldives | -0.29% | -101.7% |
| 176th | Libya | -0.40% | -102.1% |
| 177th | Afghanistan | -2.74% | -109.2% |
| 178th | Seychelles | -3.58% | -114.9% |
| 179th | Palau | -6.12% | -588.5% |
| 180th | Guyana | -8.29% | 85.0% |
| 181st | Yemen, Republic of | -10.10% | -540.8% |
| 182nd | Dominica | -12.93% | 11.8% |
FAQ
What was Latvia's gross savings in 2020?▾
Latvia's gross savings in 2020 was 25.19%. This ranked 63rd globally.
How did Latvia's gross savings change in 2020?▾
Latvia's gross savings increased by 8.7% in 2020 compared to 2019.
Which country had the highest gross savings in 2020?▾
Brunei Darussalam had the highest gross savings in 2020 at 50.89%.
What is the gross savings of Latvia in 2020?▾
The gross savings of Latvia in 2020 was 25.19%. This ranked 63rd globally.
How does 2020 compare to 2019 for Latvia's gross savings?▾
Latvia's gross savings went from 23.16% in 2019 to 25.19% in 2020, a 8.7% increase.
Related
2019
2021
All years
Full ranking 2020
GDP
GDP per Capita
GDP Growth
GDP PPP
GNI
Peak: 2009
Lowest: 1996
Gross Savings 1990s
Gross Savings 2000s
Gross Savings 2010s
Gross Savings 2020s
Highest ever
Lowest ever
Average
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vs Barbados
vs Uruguay
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European Union Gross Savings
NATO Gross Savings
OECD Gross Savings
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