Latvia: Mutual fund assets
* indicates monthly or quarterly data series
Latvia |
Mutual fund assets, percent of GDP |
---|---|
Latest value | 0.84 |
Year | 2020 |
Measure | percent |
Data availability | 2000 - 2020 |
Average | 0.80 |
Min - Max | 0.07 - 1.83 |
Source | The World Bank |
The latest value from 2020 is 0.84 percent, an increase from 0.74 percent in 2019. In comparison, the world average is 182.14 percent, based on data from 71 countries. Historically, the average for Latvia from 2000 to 2020 is 0.8 percent. The minimum value, 0.07 percent, was reached in 2000 while the maximum of 1.83 percent was recorded in 2013.
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Definition: Ratio of assets of mutual funds to GDP. A mutual fund is a type of managed collective investment scheme that pools money from many investors to purchase securities. Data taken from a variety of sources such as Investment Company Institute and national sources.
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