Value of imports from China as a share of GDP in Latvia
Latvia: Value of imports from China as a share of GDP was 2.0% in 2024. ◆ Volatile
Value of imports from China as a share of GDP in Latvia, 1995–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imports from china as a share of gdp in Latvia is 2.0%, measured in 2024.
Compared with earlier readings it is down 6.7% on the previous year and up 32.0% over ten years.
Over the whole period, value of imports from china as a share of gdp in Latvia peaked at 2.8% in 2022 and was at its lowest, 0.0%, in 1995.
That places Latvia 164th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imports from China as a share of GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1996 | 0.1% | +85.8% |
| 1997 | 0.1% | +63.3% |
| 1998 | 0.2% | +111.3% |
| 1999 | 0.2% | +1.2% |
| 2000 | 0.3% | +47.9% |
| 2001 | 0.3% | +9.3% |
| 2002 | 0.5% | +40.4% |
| 2003 | 0.6% | +29.6% |
| 2004 | 0.6% | +7.3% |
| 2005 | 0.8% | +23.7% |
| 2006 | 0.9% | +18.7% |
| 2007 | 1.2% | +27.1% |
| 2008 | 1.1% | -10.4% |
| 2009 | 0.8% | -27.0% |
| 2010 | 1.2% | +58.2% |
| 2011 | 1.6% | +26.7% |
| 2012 | 1.7% | +8.7% |
| 2013 | 1.6% | -9.1% |
| 2014 | 1.6% | -0.3% |
| 2015 | 1.8% | +13.1% |
| 2016 | 1.6% | -6.5% |
| 2017 | 1.7% | +3.1% |
| 2018 | 1.7% | +3.0% |
| 2019 | 1.7% | -1.0% |
| 2020 | 2.2% | +26.2% |
| 2021 | 2.7% | +22.1% |
| 2022 | 2.8% | +3.8% |
| 2023 | 2.2% | -20.4% |
| 2024 | 2.0% | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.2% | 5 |
| 2000s | 0.7% | 0.3% | 1.2% | 10 |
| 2010s | 1.6% | 1.2% | 1.8% | 10 |
| 2020s | 2.4% | 2.0% | 2.8% | 5 |
Countries ranked near Latvia
- 161 Comoros 2.1% compare
- 162 French Polynesia 2.1% compare
- 163 Switzerland 2.1% compare
- 165 Benin 2.0% compare
- 166 Chad 2.0% compare
- 167 United Kingdom of Great Britain and Northern Ireland 2.0% compare
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is value of imports from china as a share of gdp in Latvia?
- Value of imports from china as a share of gdp in Latvia was 2.0% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imports from china as a share of gdp recorded in Latvia?
- The highest recorded value was 2.8% in 2022.
- What is the lowest value of imports from china as a share of gdp recorded in Latvia?
- The lowest recorded value was 0.0% in 1995.
- How does Latvia rank for value of imports from china as a share of gdp?
- Latvia ranks 164th out of 198 countries with data for 2024.
- Is value of imports from china as a share of gdp rising or falling in Latvia?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imports from China as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of goods imported from China, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).