Latvia - Net income from abroad

Net income from abroad (current US$)

The latest value for Net income from abroad (current US$) in Latvia was ($8,392,857) as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $1,839,558,000 in 2009 and ($922,382,700) in 2007.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $42,160,580
1996 $38,178,920
1997 $48,532,540
1998 $46,808,060
1999 ($71,585,390)
2000 ($9,847,045)
2001 $25,266,400
2002 $16,316,510
2003 ($57,263,560)
2004 ($297,814,500)
2005 ($175,823,300)
2006 ($539,253,800)
2007 ($922,382,700)
2008 ($454,863,300)
2009 $1,839,558,000
2010 $240,432,000
2011 ($29,381,870)
2012 ($197,397,200)
2013 ($67,936,500)
2014 $40,068,910
2015 ($127,901,300)
2016 ($40,142,950)
2017 ($76,584,480)
2018 ($558,224,200)
2019 ($513,138,000)
2020 ($8,392,857)

Net income from abroad (current LCU)

The value for Net income from abroad (current LCU) in Latvia was -7,348,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,323,378,000 in 2009 and a minimum value of -674,354,000 in 2007.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 29,563,000
1996 29,917,000
1997 40,117,000
1998 39,286,000
1999 -59,602,000
2000 -8,498,000
2001 22,573,000
2002 14,352,000
2003 -46,561,000
2004 -228,930,000
2005 -141,274,000
2006 -430,001,000
2007 -674,354,000
2008 -311,172,000
2009 1,323,378,000
2010 181,537,000
2011 -21,136,000
2012 -153,633,000
2013 -51,167,000
2014 30,161,000
2015 -115,277,000
2016 -36,266,000
2017 -67,793,000
2018 -472,689,000
2019 -458,374,000
2020 -7,348,000

Net income from abroad (constant LCU)

The value for Net income from abroad (constant LCU) in Latvia was -7,019,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,508,663,000 in 2009 and a minimum value of -779,005,000 in 2007.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 79,381,000
1996 71,178,000
1997 87,298,000
1998 83,261,000
1999 -126,470,000
2000 -17,027,000
2001 44,445,000
2002 26,648,000
2003 -82,750,000
2004 -383,101,000
2005 -211,897,000
2006 -575,604,000
2007 -779,005,000
2008 -320,545,000
2009 1,508,663,000
2010 207,615,000
2011 -23,087,000
2012 -159,026,000
2013 -52,263,000
2014 30,084,000
2015 -115,277,000
2016 -36,620,000
2017 -66,674,000
2018 -452,478,000
2019 -430,093,000
2020 -7,019,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts