Latvia

population

2,013,385

WB, 2012

Population density

32.4p/KM2

WB, 2012

Gross Domestic Product (GDP) - M. USD

28,372.578

WB, 2012

Capital stock - M. USD

95,609

UNISDR, 2015

Social expenditure - M. USD

6,395

WB, 2012

Total Reserves - M. USD

7,595.713

WB, 2012

Basic Country Statistics and Indicators (2014)

What's this?
- Population, GDP, GFCF, Gross savings, Total reserves (World Bank Development indicators. http://data.worldbank.org/ More information can be found in "Indicators definitions and sources".)
- Capital stock (Global Exposure Database 2014. Di Bono, 2014)
- Social expenditure (International Labour Organisation, ILO: Total Social Protection expenditure, 2012; Public Health Care expenditure, 2012; World Bank Development indicators, Public Education expenditure, 2011)
- Rule of law, Government effectiveness, Voice and accountability, Control of corruption (World Bank Governance indicators. http://data.worldbank.org/)
- Pop living in slums (Indicadores de los Objetivos del Desarrollo del Milenio http://mdgs.un.org/unsd/mdg/SeriesDetail.aspx?srid=710)
- Ecological footprint (Global Footprint Network www.footprintnetwork.org)
- Environmental performance index, Forest change (Environmental Performance Index, Yale Center for Environmental Law and Policy, Yale University and Center for International Earth Science Information Network (CIESIN); Columbia University http://epi.yale.edu)
Population people 2,013,385
Urban % Total population 67.476
Rural % Total population 32.524
Urban population growth % Annual -1.141
Population density People / km2 32.4
GDP (Gross Domestic Product) Million US$ 28,372.578
GDP per capita Million US$ 15,375.446
Capital stock Million US$ 95,609
GFCF (Gross Fixed Capital Formation) Million US$ 6,300.910
Social Expenditure Million US$ 6,395
Gross Savings Million US$ 7,371.030
Total reserves Million US$ 7,595.713

Internationally Reported Losses 1990 - 2014 EMDAT

What's this?
For a disaster to be entered into the database at least one of the following criteria must be fulfilled:
- Ten (10) or more people reported killed.
- Hundred (100) or more people reported affected.
- Declaration of a state of emergency.
- Call for international assistance.

CRED EM-DAT (Feb. 2015) : The OFDA/CRED - International Disaster Database www.emdat.be Université catholique de Louvain Brussels - Belgium.

Frequency

Mortality

Economic issues

Probabilistic risk results

Average Annual Loss (AAL) by hazard

What's this?
The Average Annual Loss (AAL) is the expected loss per annum associated to the occurrence of future perils assuming a very long observation timeframe. It considers the damage caused on the exposed elements by small, moderate and extreme events and results a useful and robust metric for risk ranking and comparisons.
Hazard
 
Absolute
[Million US$]
Capital
stock [%]
GFCF
[%]
Social
exp [%]
Total
Reserves [%]
Gross
Savings [%]
Earthquake 0.45 0.000 0.007 0.007 0.006 0.006
Flood 172.80 0.181 2.742 2.702 2.275 2.344
Multi-Hazard 173.25 0.181 2.750 2.709 2.281 2.350

Hazard contribution to AAL

Probable Maximum Loss (PML)

What's this?
The Probable Maximum Loss (PML) is a risk metric that represents the maximum loss that could be expected, on average, within a given number of years. PML is widely used to establish limits related to the size of reserves that, for example, insurance companies or a government should have available to buffer losses: the higher the return period, the higher the expected loss. PML always have associated a mean return period.

Mean return period in years - Values for hazard are in million US$

Hazard
 
20 50 100 250 500 1000 1500
Earthquake 0 5 12 26 42 63 78
Wind 0 0 0 0 0 0 0
Storm Surge 0 0 0 0 0 0 0
Tsunami 0 0 0 0 0 0 0

INFORM 2015 Risk Index

What's this?
The INFORM model adopts the three aspects of vulnerability reflected in the UNISDR definition. The aspects of physical exposure and physical vulnerability are integrated in the hazard & exposure dimension, the aspect of fragility of the socio-economic system becomes INFORM's vulnerability dimension while lack of resilience to cope and recover is treated under the lack of coping capacity dimension.
INFORM 2015 risk index map

  Value Rank Trend
INFORM 1.21 179 EQUAL
Hazard 0.50 176 EQUAL
Vulnerability 1.07 178 EQUAL
Coping Capacity 3.25 149 EQUAL