Exports of goods and services in Latvia
Latvia: Exports of goods and services was 0.1% in 2025. ◆ Volatile
Exports of goods and services in Latvia, 1996–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for exports of goods and services in Latvia is 0.1%, measured in 2025.
That represents a change of down 31.3% on the previous year and down 97.6% over ten years.
Over the whole period, exports of goods and services in Latvia peaked at 23.7% in 2005 and was at its lowest, -13.0%, in 2009.
Latvia ranks 138th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Latvia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 18.6% | — |
| 1997 | 12.7% | -31.5% |
| 1998 | 4.7% | -63.0% |
| 1999 | -6.3% | -234.6% |
| 2000 | 14.4% | -326.7% |
| 2001 | 8.7% | -39.7% |
| 2002 | 4.9% | -43.2% |
| 2003 | 4.1% | -16.5% |
| 2004 | 13.9% | +237.8% |
| 2005 | 23.7% | +70.5% |
| 2006 | 7.5% | -68.5% |
| 2007 | 13.9% | +86.8% |
| 2008 | 2.4% | -82.7% |
| 2009 | -13.0% | -638.2% |
| 2010 | 13.6% | -205.1% |
| 2011 | 12.5% | -8.5% |
| 2012 | 9.5% | -23.9% |
| 2013 | 0.7% | -93.0% |
| 2014 | 6.6% | +895.1% |
| 2015 | 3.1% | -53.4% |
| 2016 | 3.9% | +27.4% |
| 2017 | 6.5% | +65.8% |
| 2018 | 4.4% | -32.4% |
| 2019 | -0.6% | -113.1% |
| 2020 | -0.3% | -47.8% |
| 2021 | 9.1% | -3155.0% |
| 2022 | 11.4% | +25.6% |
| 2023 | -7.0% | -161.5% |
| 2024 | 0.1% | -101.5% |
| 2025 | 0.1% | -31.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | -6.3% | 18.6% | 4 |
| 2000s | 8.1% | -13.0% | 23.7% | 10 |
| 2010s | 6.0% | -0.6% | 13.6% | 10 |
| 2020s | 2.2% | -7.0% | 11.4% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is exports of goods and services in Latvia?
- Exports of goods and services in Latvia was 0.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Latvia?
- The highest recorded value was 23.7% in 2005.
- What is the lowest exports of goods and services recorded in Latvia?
- The lowest recorded value was -13.0% in 2009.
- How does Latvia rank for exports of goods and services?
- Latvia ranks 138th out of 178 countries with data for 2025.
- Is exports of goods and services rising or falling in Latvia?
- Over the last ten years it is down 97.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.