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Confirming the value of
Latvian public libraries
Smart, sustainable and inclusive access to
knowledge in times of austerity
Why quantify the value of public libraries?
Quantification of benefits by public libraries

                        Annual budget, LVL                    Number of visits

           21 324 319

                                      16 784 003
                                                                     13 801 600

                                                      9 326 347                  9 943 745
                   7 919 156




                 2008                             2009                      2010


 ►       Libraries are ever more important during the times of
         austerity. What benefits do they bring?
Page 3                    Value of Latvian public libraries
Our findings
Monetary benefits

                        Change in the net benefits of public libraries
                                             (WTP data, thousand LVL)
               12 000

               10 000
                                                                                9 650
   Thousands




                8 000                                                   7 266
                            6 470
                6 000

                4 000
                               2 494
                2 000

                   0
                                2008                                     2009    2010

 ►             Direct net annual benefit of public library system in Latvia
               6 470 030 LVL (on average 9 216 566 EUR)
 ►             Annual indirect benefits to the economy 9 890 423 LVL
Page 5                              Value of Latvian public libraries
Benefit-cost ratio of library services

                 Exhibitions                                            5,77
    Use of PCs and Internet                                 3,04
              Reading room                      1,45
                                                                      Average B/C
                    Lending                     1,42                      ratio for
               Photocopying                0,88                       libraries 1,37
                     Printing              0,79
         ICT training classes           0,49
                                                              ►    Traditional and ICT
               Public events           0,42
                                                                   services generate
           ICT consultations           0,39
                                                                   much of the value of
         Reference services           0,33                         public libraries
                   Scanning           0,27
Services for disabled users          0,12

Page 6                  Value of Latvian public libraries
Non-monetary benefits

 ►       Users find libraries to be space for gathering, networking,
         education and culture
 ►       Libraries are perceived positively – they improve quality
         of life, encourage education and culture and provide a
         chance to save money
 ►       Libraries improve information flow and access to
         education, as well as reduces unemployment




Page 7                 Value of Latvian public libraries
Thank you!
Confirming the value of
Latvian public libraries
Dr. sc.ing Renāte Strazdiņa
Executive Director

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Renate Strazdina, Ernst and Young (LV)

  • 1. Confirming the value of Latvian public libraries Smart, sustainable and inclusive access to knowledge in times of austerity
  • 2. Why quantify the value of public libraries?
  • 3. Quantification of benefits by public libraries Annual budget, LVL Number of visits 21 324 319 16 784 003 13 801 600 9 326 347 9 943 745 7 919 156 2008 2009 2010 ► Libraries are ever more important during the times of austerity. What benefits do they bring? Page 3 Value of Latvian public libraries
  • 5. Monetary benefits Change in the net benefits of public libraries (WTP data, thousand LVL) 12 000 10 000 9 650 Thousands 8 000 7 266 6 470 6 000 4 000 2 494 2 000 0 2008 2009 2010 ► Direct net annual benefit of public library system in Latvia 6 470 030 LVL (on average 9 216 566 EUR) ► Annual indirect benefits to the economy 9 890 423 LVL Page 5 Value of Latvian public libraries
  • 6. Benefit-cost ratio of library services Exhibitions 5,77 Use of PCs and Internet 3,04 Reading room 1,45 Average B/C Lending 1,42 ratio for Photocopying 0,88 libraries 1,37 Printing 0,79 ICT training classes 0,49 ► Traditional and ICT Public events 0,42 services generate ICT consultations 0,39 much of the value of Reference services 0,33 public libraries Scanning 0,27 Services for disabled users 0,12 Page 6 Value of Latvian public libraries
  • 7. Non-monetary benefits ► Users find libraries to be space for gathering, networking, education and culture ► Libraries are perceived positively – they improve quality of life, encourage education and culture and provide a chance to save money ► Libraries improve information flow and access to education, as well as reduces unemployment Page 7 Value of Latvian public libraries
  • 9. Confirming the value of Latvian public libraries Dr. sc.ing Renāte Strazdiņa Executive Director