Latvia: Statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100)

Key figures

What the numbers say

In 2024, Latvia's statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100) fell 2.81 on 2023 (from 84.62 to 81.81).

Across the 18 yearly changes before that (2006 to 2023), the average change was +2.51 and a typical year strayed about 4.24 from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 11.88 in 2023 and the biggest yearly fall was 3.32 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 3.66 a year. A straight line explains 91% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 93.6 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 3.83, against 5.88 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Latvia had the 47th highest value of the 215 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Latvia in the 2024 ranking

• Poland — 43rd of 215: 82.21
• Netherlands — 44th of 215: 82.18
• Tanzania — 45th of 215: 81.92
• Croatia — 47th of 215: 81.77
• Ukraine — 48th of 215: 81.57
• Egypt, Arab Rep. — 49th of 215: 81.56

What this measures

The data products overall score is a composite score measuring whether the country is able to produce relevant indicators, primarily related to SDGs. The data products (internal process) pillar is segmented by four topics and organized into (i) social, (ii) economic, (iii) environmental, and (iv) institutional dimensions using the typology of the Sustainable Development Goals (SDGs). This approach anchors the national statistical system's performance around the essential data required to support the achievement of the 2030 global goals, and enables comparisons across countries so that a global view can be generated while enabling country specific emphasis to reflect the user needs of that country.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 20 values

Statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100) in nearby economies

• Albania — 79.67 (2024)
• Andorra — 51.66 (2024)
• Armenia — 82.77 (2024)
• Austria — 89.06 (2024)
• Azerbaijan — 74.22 (2024)
• Belarus — 78.49 (2024)
• Belgium — 91.12 (2024)
• Bosnia and Herzegovina — 73.77 (2024)

More public sector data for Latvia

• Arms imports (SIPRI trend indicator values) — 19 million (2024)
• Military expenditure (current USD) — 1.73 billion (2025)
• Military expenditure (current LCU) — 1.54 billion (2025)
• Military expenditure (% of GDP) — 3.61% (2025)
• Net investment in nonfinancial assets (current LCU) — 2.07 billion (2024)
• Net investment in nonfinancial assets (% of GDP) — 5.08% (2024)
• Net lending (+) / net borrowing (-) (current LCU) — -798.05 million (2024)
• Net lending (+) / net borrowing (-) (% of GDP) — -1.96% (2024)
• Grants and other revenue (current LCU) — 2.77 billion (2024)
• Grants and other revenue (% of revenue)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Latvia's statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100)?

81.81 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 107.14% from 39.49 in 2005 (3.91% a year on average, compounded). The highest value was 84.62 in 2023 and the lowest 39.49 in 2005.

Source

World Bank, World Development Indicators, indicator IQ.SPI.PIL3, licensed CC BY 4.0. Original source: Statistical Performance Indicators, World Bank (WB), uri: https://datacatalog.worldbank.org/dataset/statistical-performance-indicators Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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