Population for Latvia
POPTTLLVA173NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,217.97
Year-over-Year Change
-8.09%
Date Range
1/1/1950 - 1/1/2010
Summary
The 'Population for Latvia' trend measures the total population of Latvia. It is a key economic indicator used by policymakers and analysts to understand demographic trends and their implications for the Latvian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total population of Latvia, including citizens and non-citizens residing within the country's borders. It is an important metric for tracking population growth, density, and changes in the working-age population, all of which have significant economic impacts.
Methodology
The data is collected through national census and survey efforts by the Latvian Central Statistical Bureau.
Historical Context
Policymakers use this data to inform decisions around public services, infrastructure, and economic development.
Key Facts
- Latvia's population was 1.9 million as of 2020.
- The population has declined by over 20% since 1990 due to emigration.
- Over 25% of the population is aged 60 or older.
FAQs
Q: What does this economic trend measure?
A: The 'Population for Latvia' trend measures the total number of people residing within the borders of Latvia, including both citizens and non-citizens.
Q: Why is this trend relevant for users or analysts?
A: This demographic data is crucial for understanding the size, growth, and composition of Latvia's population, which has significant implications for the country's economy, labor force, and public services.
Q: How is this data collected or calculated?
A: The data is collected through national census and survey efforts by the Latvian Central Statistical Bureau.
Q: How is this trend used in economic policy?
A: Policymakers use this population data to inform decisions around public services, infrastructure, and economic development planning for Latvia.
Q: Are there update delays or limitations?
A: The data is updated annually, with a lag of approximately 6-12 months.
Related Trends
Citation
U.S. Federal Reserve, Population for Latvia (POPTTLLVA173NUPN), retrieved from FRED.