Latvia's Data Quality Rating

DATA QUALITY RATINGS (2023)

Data rankings are produced from scores in five areas: Base year recency; SNA version; Informal economy size; research resources available; and likelihood of Government interference. Scores are based on a 0-100 scale.

Official GDP data for Latvia has been awarded the quality rating of B - Good. Latvia's GDP data quality ranks 43th on a global scale and 28th for Europe, while population and demographic data are positioned 107th and 37th respectively.

Latvia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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Country World Economics
Data Quality
Index		 World Economics
Data Grade
(A-E)		 Base
Year
Chained/Year		 SNA Framework
Version		 Informal
Economy
% of GDP		 Statistical Resources
Index		 Governance Levels
Index
Switzerland 98.6 A Chained 2008 7.5 100.0 93.1
Netherlands 97.9 A Chained 2008 10.0 100.0 93.2
New Zealand 97.9 A Chained 2008 10.1 100.0 93.5
Denmark 97.6 A Chained 2008 15.3 100.0 98.8
Finland 97.4 A Chained 2008 14.7 100.0 97.3
Luxembourg 97.4 A Chained 2008 10.0 100.0 91.2
Sweden 97.2 A Chained 2008 13.6 100.0 95.1
Germany 97.0 A Chained 2008 11.2 100.0 90.8
Norway 97.0 A Chained 2008 15.8 100.0 97
Canada 96.7 A Chained 2008 11.3 100.0 89.5
Ireland 96.6 A Chained 2008 12.4 100.0 90.8
Austria 96.5 A Chained 2008 8.8 100.0 85.4
Australia 96.3 A Chained 2008 9.9 100.0 86
United Kingdom 96.3 A Chained 2008 10.1 100.0 86.2
Iceland 95.6 A Chained 2008 13.9 100.0 88.1
Japan 95.6 A Chained 2008 9.6 100.0 82.4
United States 95.1 A Chained 2008 7.2 100.0 76.9
France 94.9 A Chained 2008 13.2 100.0 84.2
Belgium 93.7 A Chained 2008 19.3 100.0 87.1
Czechia 93.2 A Chained 2008 14.5 100.0 78.5
Portugal 92.7 A Chained 2008 20.4 100.0 84
Singapore 92.3 A Chained 2008 10.5 100.0 69
Spain 90.8 A Chained 2008 21.5 100.0 76.8
Slovenia 89.9 A Chained 2008 24.0 100.0 76.3
Taiwan 89.7 A Chained 2008 22.4 0.0 82.7
Korea, Rep. 89.6 A Chained 2008 22.9 100.0 73.8
Israel 89.1 A Chained 2008 21.0 100.0 69
Hong Kong 88.7 A Chained 2008 13.7 100.0 57
Chile 88.4 A Chained 2008 19.5 86.7 75.7
Italy 88.4 A Chained 2008 24.0 100.0 69.7
Cyprus 87.3 A Chained 2008 27.3 100.0 69.3
Malta 86.8 B Chained 2008 27.8 100.0 67.9
Costa Rica 86.6 B Chained 2008 26.8 91.1 73.4
Mauritius 86.6 B Chained 2008 20.6 85.6 69.9
Greece 86.4 B Chained 2008 27.1 100.0 65
Romania 84.6 B Chained 2008 23.8 84.4 66.5
Poland 84.4 B Chained 2008 22.5 78.9 68.9
United Arab Emirates 83.8 B Chained 2008 20.5 100.0 44.4
Croatia 83.6 B Chained 2008 29.8 86.7 68.1
Bulgaria 82.2 B Chained 2008 28.0 85.6 60.1
Estonia 81.2 B Chained 2008 22.5 40.0 89
Mongolia 81.1 B 2015 2008 15.2 92.2 53.8
Latvia 81.0 B Chained 2008 25.1 53.3 79.7
Bahamas, The 80.5 B 2012 2008 30.3 100.0 72.8
Lithuania 80.4 B Chained 2008 21.8 43.3 81.6
Oman 80.0 B 2018 2008 19.9 100.0 40.5
Slovak Republic 80.0 B Chained 2008 14.9 40.0 73.7
Uruguay 79.9 B 2016 2008 32.0 80.0 79.4
Armenia 79.7 B Chained 2008 39.4 94.4 56.7
Moldova 78.8 B Chained 2008 41.0 91.1 57.5
Brazil 78.3 B Chained 2008 33.5 81.1 54.2
North Macedonia 77.6 B Chained 2008 33.5 72.2 59.3
Colombia 77.4 B Chained 2008 33.4 82.2 49.1
South Africa 77.0 B 2015 2008 29.0 81.1 63.8
Dominican Republic 76.9 B Chained 2008 34.0 72.2 56.5
Georgia 75.8 B Chained 2008 46.5 87.8 54.8
Jordan 75.8 B 2016 2008 17.0 77.8 43
Malaysia 74.8 B 2015 2008 25.3 76.7 53.3
Türkiye 74.4 B Chained 2008 31.4 81.1 34.1
Serbia 74.1 B 2015 2008 31.4 88.9 47.2
Hungary 74.0 B Chained 2008 23.5 40.0 58.3
Qatar 73.9 B 2018 1993 16.7 100.0 53.2
Bahrain 73.9 C 2010 2008 17.3 100.0 31
Indonesia 73.7 C 2010 2008 22.6 85.6 50.4
Malawi 73.2 C 2017 2008 30.8 70.0 54.2
China 73.1 C 2015 2008 12.7 80.0 25.8
Namibia 73.0 C 2015 2008 24.7 51.1 67
Morocco 72.6 C Chained 2008 31.8 66.7 39.6
Saudi Arabia 72.6 C 2010 2008 22.9 100.0 32.8
Philippines 72.5 C 2018 2008 34.4 82.2 42.3
Botswana 72.0 C 2016 2008 26.7 50.0 63.7
Ukraine 71.8 C Chained 2008 44.2 72.2 47.7
Algeria 71.7 C Chained 2008 17.5 50.0 30.8
Ghana 71.3 C 2013 2008 35.8 71.1 62.3
Sri Lanka 71.2 C 2015 2008 31.1 80.0 42.2
Suriname 71.0 C 2015 2008 33.1 57.8 63.4
Rwanda 70.7 C 2017 2008 31.4 73.3 40.6
Mexico 70.6 C 2013 2008 29.4 80.0 42.6
Belarus 69.7 C Chained 2008 37.9 83.3 20
Burkina Faso 69.5 C 2015 2008 33.3 67.8 48.1
Russia 69.4 C Chained 2008 38.2 82.2 19.9
Albania 69.2 C Chained 1993 32.5 87.8 50.9
Togo 68.9 C 2016 2008 29.7 67.8 37.8
Senegal 68.5 C 2014 2008 37.8 66.7 53.3
Niger 68.3 C 2015 2008 36.8 68.9 46.7
Lesotho 68.0 C 2012 2008 31.0 67.8 46.7
Argentina 67.9 C 2004 2008 30.0 78.9 56.7
Cote d'Ivoire 67.9 C 2015 2008 40.8 71.1 48.2
El Salvador 67.9 C 2014 2008 41.1 82.2 41.7
Benin 67.6 C Chained 2008 49.2 62.2 44.4
India 67.6 C 2011 2008 37.9 76.7 49
Guatemala 67.4 D Chained 2008 48.8 73.3 33.1
Mauritania 67.3 D 2014 2008 31.6 61.1 44.6
Uganda 67.2 D 2016 2008 34.5 71.1 33.8
Kenya 67.1 D 2016 2008 32.8 57.8 43.1
Pakistan 66.3 D 2016 2008 35.7 72.2 30.4
Turkmenistan 66.2 D Chained 2008 34.8 72.2 9.8
Comoros 65.9 D Chained 2008 36.6 46.7 34.1
Kuwait 65.9 D 2010 1993 20.3 100.0 44
Lebanon 65.7 D Chained 2008 31.6 44.4 28.3
Gambia 65.4 D 2013 2008 44.3 70.0 48.3
Kyrgyzstan 64.5 D Chained 1993 31.1 90.0 26
Mozambique 64.2 D 2014 2008 34.3 62.2 33.6
Peru 64.2 D 2007 2008 42.2 80.0 47.4
Tanzania 63.9 D 2017 2008 47.0 63.3 40.4
Tunisia 63.8 D Chained 1993 30.6 58.9 50
Paraguay 63.6 D 2014 2008 46.6 65.6 44.7
Ecuador 63.1 D 2007 2008 37.5 65.6 48.8
Kazakhstan 63.0 D Chained 1993 32.1 78.9 30.8
Bosnia and Herzegovina 62.3 D Chained 1993 33.2 60.0 45.7
Cameroon 61.9 D 2016 2008 30.1 46.7 26.1
Eswatini 61.7 D 2011 2008 41.1 71.1 31.8
Thailand 61.7 D Chained 1993 46.5 83.3 40.2
Sierra Leone 61.5 D 2006 2008 37.6 60.0 49.5
Zambia 61.0 D 2010 2008 38.8 53.3 44.1
Uzbekistan 60.7 D Chained 1993 27.3 67.8 23.8
Azerbaijan 59.3 D Chained 1993 37.1 80.0 19.9
Panama 59.0 D Chained 1993 51.8 61.1 55.4
Myanmar 58.4 D 2016 2008 49.0 74.4 11.5
Egypt 57.4 D 2016 1993 35.0 82.2 25.6
Nicaragua 57.1 D Chained 2008 52.9 46.7 16.5
Tajikistan 57.0 E Chained 1993 37.2 72.2 16.6
Vietnam 56.8 E 2010 1993 20.6 74.4 26.9
Jamaica 55.9 E 2007 1993 33.1 54.4 65.3
Guyana 55.8 E 2012 1993 29.3 45.6 54.3
Bangladesh 54.9 E 2016 1993 30.3 60.0 28.2
Liberia 54.9 E 2016 1993 42.7 57.8 46.4
Bhutan 54.7 E 2000 1993 22.9 60.0 60.1
Papua New Guinea 53.7 E 2013 1993 34.9 52.2 44
Nigeria 53.5 E 2010 2008 58.2 53.3 36.9
Haiti 53.0 E 2011 2008 55.5 53.3 28.2
Laos 52.7 E 2012 1993 27.4 62.2 22.9
Ethiopia 52.3 E 2015 1993 33.7 47.8 34.6
Zimbabwe 52.1 E 2012 2008 64.7 58.9 28.9
Guinea-Bissau 51.5 E 2015 1993 35.7 48.9 32.4
Nepal 51.5 E 2000 1993 33.3 72.2 48.9
Madagascar 49.7 E 2007 1993 36.5 54.4 42.5
Guinea 48.0 E 2010 1993 38.9 51.1 33
Burundi 44.8 E 2005 1993 36.6 57.8 23.3
Chad 44.6 E 2005 1993 34.7 54.4 22.5
Mali 44.2 E 1999 1993 33.3 60.0 30.1
Angola 41.9 E 2002 1993 39.7 45.6 33.2
Libya 41.6 E 2013 1993 35.3 25.6 14.2
Congo, Rep. 41.1 E 2005 1993 40.2 38.9 28.1
Cambodia 40.8 E 2000 1993 41.0 60.0 22.5
Honduras 40.7 E 2000 1993 46.0 56.7 32.1
Yemen, Rep. 40.1 E 2007 1993 27.4 27.8 11.2
Central African Republic 38.6 E 2005 1993 44.4 36.7 24.7
Congo, Dem. Rep 37.1 E 2005 1993 48.5 40.0 20.5
Gabon 36.6 E 2001 1993 51.8 40.0 33.7
Bolivia 35.7 E 1990 1993 55.0 66.7 39.7
Sudan 31.6 E 1996 1968 35.7 54.4 35
Afghanistan 28.8 E 2002 1993 73.6 57.8 9.7


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Key:
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excelent.

Resources Index numbers shown on a scale of 0-100.
         0 = Low level of resources, 100 = High level of resources.

Governance Index numbers shown on a scale of 0-100.
         0 = Poor governance, 100 = Good governance.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality







LATVIA'S ECONOMICS
LATVIA'S DEMOGRAPHY
LATVIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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