Latvia: Overall globalization
* indicates monthly or quarterly data series
| Latvia |
Globalization index (0-100) |
|---|---|
| Latest value | 75.74 |
| Year | 2023 |
| Measure | points |
| Data availability | 1990 - 2023 |
| Average | 67.26 |
| Min - Max | 43.07 - 80.30 |
| Source | The Swiss Institute of Technology in Zurich |
The latest value from 2023 is 75.74 points, a decline from 76.54 points in 2022. In comparison, the world average is 61.11 points, based on data from 188 countries. Historically, the average for Latvia from 1990 to 2023 is 67.26 points. The minimum value, 43.07 points, was reached in 1991 while the maximum of 80.3 points was recorded in 2017.
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The KOF Globalization Index for Latvia is an average of the indexes for Economic Globalization, Social Globalization, and Political Globalization for Latvia.
Definition: The overall index of globalization covers the economic, social, and political dimensions of globalization. Higher values denote greater globalization. More information and the original data can be obtained here.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Overall globalization | 75.74 | 2023 | points |
| Economic globalization | 82.00 | 2023 | points |
| Political globalization | 66.40 | 2023 | points |
| Social globalization | 78.87 | 2023 | points |