Exports of goods and services (constant 2015 US$), per unit of GDP in Latvia
Latvia: Exports of goods and services (constant 2015 US$), per unit of GDP was 0.4394 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Exports of goods and services (constant 2015 US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Latvia recorded 0.4394 constant 2015 US$ per US$ of GDP for exports of goods and services (constant 2015 us$), per unit of gdp in 2025.
Compared with earlier readings it is down 9.4% on the previous year and down 29.8% over ten years.
Over the whole period, exports of goods and services (constant 2015 us$), per unit of gdp in Latvia peaked at 0.8204 constant 2015 US$ per US$ of GDP in 1997 and was at its lowest, 0.3589 constant 2015 US$ per US$ of GDP, in 2008.
That places Latvia 40th out of 172 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Exports of goods and services (constant 2015 US$), per unit of GDP in Latvia, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.6946 constant 2015 US$ per US$ of GDP | — |
| 1996 | 0.7967 constant 2015 US$ per US$ of GDP | +14.7% |
| 1997 | 0.8204 constant 2015 US$ per US$ of GDP | +3.0% |
| 1998 | 0.7822 constant 2015 US$ per US$ of GDP | -4.7% |
| 1999 | 0.6975 constant 2015 US$ per US$ of GDP | -10.8% |
| 2000 | 0.753 constant 2015 US$ per US$ of GDP | +8.0% |
| 2001 | 0.7754 constant 2015 US$ per US$ of GDP | +3.0% |
| 2002 | 0.7205 constant 2015 US$ per US$ of GDP | -7.1% |
| 2003 | 0.617 constant 2015 US$ per US$ of GDP | -14.4% |
| 2004 | 0.5715 constant 2015 US$ per US$ of GDP | -7.4% |
| 2005 | 0.5993 constant 2015 US$ per US$ of GDP | +4.9% |
| 2006 | 0.5139 constant 2015 US$ per US$ of GDP | -14.3% |
| 2007 | 0.4066 constant 2015 US$ per US$ of GDP | -20.9% |
| 2008 | 0.3589 constant 2015 US$ per US$ of GDP | -11.7% |
| 2009 | 0.4151 constant 2015 US$ per US$ of GDP | +15.7% |
| 2010 | 0.5163 constant 2015 US$ per US$ of GDP | +24.4% |
| 2011 | 0.5127 constant 2015 US$ per US$ of GDP | -0.7% |
| 2012 | 0.5502 constant 2015 US$ per US$ of GDP | +7.3% |
| 2013 | 0.5151 constant 2015 US$ per US$ of GDP | -6.4% |
| 2014 | 0.5285 constant 2015 US$ per US$ of GDP | +2.6% |
| 2015 | 0.626 constant 2015 US$ per US$ of GDP | +18.4% |
| 2016 | 0.6318 constant 2015 US$ per US$ of GDP | +0.9% |
| 2017 | 0.6205 constant 2015 US$ per US$ of GDP | -1.8% |
| 2018 | 0.5725 constant 2015 US$ per US$ of GDP | -7.7% |
| 2019 | 0.5718 constant 2015 US$ per US$ of GDP | -0.1% |
| 2020 | 0.5653 constant 2015 US$ per US$ of GDP | -1.1% |
| 2021 | 0.5391 constant 2015 US$ per US$ of GDP | -4.6% |
| 2022 | 0.6035 constant 2015 US$ per US$ of GDP | +11.9% |
| 2023 | 0.4985 constant 2015 US$ per US$ of GDP | -17.4% |
| 2024 | 0.4852 constant 2015 US$ per US$ of GDP | -2.7% |
| 2025 | 0.4394 constant 2015 US$ per US$ of GDP | -9.4% |
Latvia compared with similar countries
- Latvia's 0.4394 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.3855 constant 2015 US$ per US$ of GDP, 1.1× the median. (63 countries reporting)
- Latvia's 0.4394 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.3334 constant 2015 US$ per US$ of GDP, 1.3× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7583 constant 2015 US$ per US$ of GDP | 0.6946 constant 2015 US$ per US$ of GDP | 0.8204 constant 2015 US$ per US$ of GDP | 5 |
| 2000s | 0.5731 constant 2015 US$ per US$ of GDP | 0.3589 constant 2015 US$ per US$ of GDP | 0.7754 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5645 constant 2015 US$ per US$ of GDP | 0.5127 constant 2015 US$ per US$ of GDP | 0.6318 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.5218 constant 2015 US$ per US$ of GDP | 0.4394 constant 2015 US$ per US$ of GDP | 0.6035 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 37 Oman 0.4677 constant 2015 US$ per US$ of GDP compare
- 38 Belize 0.4652 constant 2015 US$ per US$ of GDP compare
- 39 Panama 0.4414 constant 2015 US$ per US$ of GDP compare
- 41 Mongolia 0.4388 constant 2015 US$ per US$ of GDP compare
- 42 Bermuda 0.4343 constant 2015 US$ per US$ of GDP compare
- 43 Austria 0.4318 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is exports of goods and services (constant 2015 us$), per unit of gdp in Latvia?
- Exports of goods and services (constant 2015 us$), per unit of gdp in Latvia was 0.4394 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.8204 constant 2015 US$ per US$ of GDP in 1997.
- What is the lowest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.3589 constant 2015 US$ per US$ of GDP in 2008.
- How does Latvia rank for exports of goods and services (constant 2015 us$), per unit of gdp?
- Latvia ranks 40th out of 172 countries with data for 2025.
- Is exports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 29.8%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.