Simplified energy balances in Latvia
Latvia: Simplified energy balances was 3,074 Thousand tonnes of oil equivalent in 2024. ▲ Rising
Latest (2024)
3,074 Thousand tonnes of oil equivalent
Change on year
down 5.9%
World rank
36th
of 50 countries
All-time high
3,268 Thousand tonnes of oil equivalent
in 2023
All-time low
1,081 Thousand tonnes of oil equivalent
in 1992
Years of data
35
1990–2024
Simplified energy balances in Latvia, 1990–2024
Source: Eurostat. Measured in Thousand tonnes of oil equivalent.
Analysis
In 2024, simplified energy balances in Latvia stood at 3,074 Thousand tonnes of oil equivalent.
That represents a change of down 5.9% on the previous year and up 29.1% over ten years.
Over the whole period, simplified energy balances in Latvia peaked at 3,268 Thousand tonnes of oil equivalent in 2023 and was at its lowest, 1,081 Thousand tonnes of oil equivalent, in 1992.
That places Latvia 36th out of 50 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Simplified energy balances in Latvia, year by year
| Year | Thousand tonnes of oil equivalent | Change |
|---|---|---|
| 1990 | 1,123 Thousand tonnes of oil equivalent | — |
| 1991 | 1,123 Thousand tonnes of oil equivalent | +0.1% |
| 1992 | 1,081 Thousand tonnes of oil equivalent | -3.8% |
| 1993 | 1,180 Thousand tonnes of oil equivalent | +9.2% |
| 1994 | 1,325 Thousand tonnes of oil equivalent | +12.3% |
| 1995 | 1,432 Thousand tonnes of oil equivalent | +8.1% |
| 1996 | 1,436 Thousand tonnes of oil equivalent | +0.3% |
| 1997 | 1,624 Thousand tonnes of oil equivalent | +13.1% |
| 1998 | 1,771 Thousand tonnes of oil equivalent | +9.0% |
| 1999 | 1,642 Thousand tonnes of oil equivalent | -7.3% |
| 2000 | 1,409 Thousand tonnes of oil equivalent | -14.2% |
| 2001 | 1,523 Thousand tonnes of oil equivalent | +8.1% |
| 2002 | 1,609 Thousand tonnes of oil equivalent | +5.7% |
| 2003 | 1,737 Thousand tonnes of oil equivalent | +7.9% |
| 2004 | 1,847 Thousand tonnes of oil equivalent | +6.3% |
| 2005 | 1,861 Thousand tonnes of oil equivalent | +0.7% |
| 2006 | 1,846 Thousand tonnes of oil equivalent | -0.8% |
| 2007 | 1,802 Thousand tonnes of oil equivalent | -2.4% |
| 2008 | 1,789 Thousand tonnes of oil equivalent | -0.7% |
| 2009 | 2,097 Thousand tonnes of oil equivalent | +17.2% |
| 2010 | 1,977 Thousand tonnes of oil equivalent | -5.7% |
| 2011 | 2,075 Thousand tonnes of oil equivalent | +5.0% |
| 2012 | 2,337 Thousand tonnes of oil equivalent | +12.6% |
| 2013 | 2,143 Thousand tonnes of oil equivalent | -8.3% |
| 2014 | 2,380 Thousand tonnes of oil equivalent | +11.1% |
| 2015 | 2,338 Thousand tonnes of oil equivalent | -1.8% |
| 2016 | 2,447 Thousand tonnes of oil equivalent | +4.7% |
| 2017 | 2,587 Thousand tonnes of oil equivalent | +5.7% |
| 2018 | 2,860 Thousand tonnes of oil equivalent | +10.6% |
| 2019 | 2,828 Thousand tonnes of oil equivalent | -1.1% |
| 2020 | 2,709 Thousand tonnes of oil equivalent | -4.2% |
| 2021 | 2,712 Thousand tonnes of oil equivalent | +0.1% |
| 2022 | 2,928 Thousand tonnes of oil equivalent | +8.0% |
| 2023 | 3,268 Thousand tonnes of oil equivalent | +11.6% |
| 2024 | 3,074 Thousand tonnes of oil equivalent | -5.9% |
Latvia compared with similar countries
- Latvia's 3,074 Thousand tonnes of oil equivalent is below the median for Europe & Central Asia, which is 9,315 Thousand tonnes of oil equivalent, 33% of the median. (37 countries reporting)
- Latvia's 3,074 Thousand tonnes of oil equivalent is below the median for high income countries, which is 10,779 Thousand tonnes of oil equivalent, 29% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,374 Thousand tonnes of oil equivalent | 1,081 Thousand tonnes of oil equivalent | 1,771 Thousand tonnes of oil equivalent | 10 |
| 2000s | 1,752 Thousand tonnes of oil equivalent | 1,409 Thousand tonnes of oil equivalent | 2,097 Thousand tonnes of oil equivalent | 10 |
| 2010s | 2,397 Thousand tonnes of oil equivalent | 1,977 Thousand tonnes of oil equivalent | 2,860 Thousand tonnes of oil equivalent | 10 |
| 2020s | 2,938 Thousand tonnes of oil equivalent | 2,709 Thousand tonnes of oil equivalent | 3,268 Thousand tonnes of oil equivalent | 5 |
Countries ranked near Latvia
- 34 Slovenia 3,209 Thousand tonnes of oil equivalent compare
- 34 Slovenia 3,209 Thousand tonnes of oil equivalent compare
- 36 Latvia 3,074 Thousand tonnes of oil equivalent compare
- 38 Ireland 2,961 Thousand tonnes of oil equivalent compare
- 39 Lithuania 2,556 Thousand tonnes of oil equivalent compare
- 39 Lithuania 2,556 Thousand tonnes of oil equivalent compare
More energy & mining data for Latvia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.5417 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 10.6% (2025)
Frequently asked questions
- What is simplified energy balances in Latvia?
- Simplified energy balances in Latvia was 3,074 Thousand tonnes of oil equivalent in 2024, according to Eurostat.
- What is the highest simplified energy balances recorded in Latvia?
- The highest recorded value was 3,268 Thousand tonnes of oil equivalent in 2023.
- What is the lowest simplified energy balances recorded in Latvia?
- The lowest recorded value was 1,081 Thousand tonnes of oil equivalent in 1992.
- How does Latvia rank for simplified energy balances?
- Latvia ranks 36th out of 50 countries with data for 2024.
- Is simplified energy balances rising or falling in Latvia?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Simplified energy balances. Statizoid updates them automatically from the source API.
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