Return on assets in Latvia

Latvia: Return on assets was 2.4% in 2024. ◆ Volatile

Latest (2024)
2.4%
Change on year
down 13.9%
World rank
61st
of 157 countries
All-time high
2.8%
in 2023
All-time low
-0.8%
in 2011
Years of data
14
2011–2024

Return on assets in Latvia, 2011–2024

-101232011201720242011: -0.757 %2012: 0.896 %2013: 0.958 %2014: 1.1 %2015: 1.4 %2016: 1.6 %2017: 0.969 %2018: 1.1 %2019: 0.55 %2020: 0.771 %2021: 1.3 %2022: 1.2 %2023: 2.8 %2024: 2.4 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, return on assets in Latvia stood at 2.4%.

The figure is down 13.9% on the previous year and up 112.7% over ten years.

Over the whole period, return on assets in Latvia peaked at 2.8% in 2023 and was at its lowest, -0.8%, in 2011.

That places Latvia 61st out of 157 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.

Return on assets in Latvia, year by year

Annual values for Return on assets (%) in Latvia, 2011 to 2024.
Year % Change
2011 -0.8% —
2012 0.9% -218.4%
2013 1.0% +7.0%
2014 1.1% +19.1%
2015 1.4% +25.7%
2016 1.6% +14.0%
2017 1.0% -40.7%
2018 1.1% +18.4%
2019 0.6% -52.0%
2020 0.8% +40.1%
2021 1.3% +65.9%
2022 1.2% -2.3%
2023 2.8% +125.6%
2024 2.4% -13.9%

Latvia compared with similar countries

  • Latvia's 2.4% is above the median for high income countries, which is 1.5%, 1.7× the median. (54 countries reporting)
  • Latvia's 2.4% is above the median for Europe & Central Asia, which is 1.9%, 1.3× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Return on assets 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.

YearChange FromTo
2012 +218.4% -0.8% 0.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.9% -0.8% 1.6% 9
2020s 1.7% 0.8% 2.8% 5

Countries ranked near Latvia

  1. 58 Burundi 2.5% compare
  2. 59 Paraguay 2.5% compare
  3. 60 Cameroon 2.4% compare
  4. 62 Hungary 2.4% compare
  5. 63 Bhutan 2.4% compare
  6. 64 Peru 2.4% compare

See the full ranking of 160 places →

More development goals data for Latvia

All data for Latvia →

Frequently asked questions

What is return on assets in Latvia?
Return on assets in Latvia was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest return on assets recorded in Latvia?
The highest recorded value was 2.8% in 2023.
What is the lowest return on assets recorded in Latvia?
The lowest recorded value was -0.8% in 2011.
How does Latvia rank for return on assets?
Latvia ranks 61st out of 157 countries with data for 2024.
Is return on assets rising or falling in Latvia?
Over the last ten years it is up 112.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Return on assets (%). Statizoid updates them automatically from the source API.

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Return on assets in Latvia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/return-on-assets-percent/latvia/

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About this data

Indicator
Return on assets (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
160 places, 2,442 data points, 2001–2025
Last refreshed