Exports of goods and services (constant LCU), per unit of GDP in Latvia
Latvia: Exports of goods and services (constant LCU), per unit of GDP was 0.4264 constant LCU per US$ of GDP in 2025. ▼ Falling
Exports of goods and services (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (constant lcu), per unit of gdp in Latvia is 0.4264 constant LCU per US$ of GDP, measured in 2025.
That represents a change of down 9.4% on the previous year and down 29.8% over ten years.
Over the whole period, exports of goods and services (constant lcu), per unit of gdp in Latvia peaked at 0.7962 constant LCU per US$ of GDP in 1997 and was at its lowest, 0.3483 constant LCU per US$ of GDP, in 2008.
That places Latvia 135th out of 179 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Exports of goods and services (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.6741 constant LCU per US$ of GDP | — |
| 1996 | 0.7731 constant LCU per US$ of GDP | +14.7% |
| 1997 | 0.7962 constant LCU per US$ of GDP | +3.0% |
| 1998 | 0.7591 constant LCU per US$ of GDP | -4.7% |
| 1999 | 0.6769 constant LCU per US$ of GDP | -10.8% |
| 2000 | 0.7308 constant LCU per US$ of GDP | +8.0% |
| 2001 | 0.7525 constant LCU per US$ of GDP | +3.0% |
| 2002 | 0.6992 constant LCU per US$ of GDP | -7.1% |
| 2003 | 0.5988 constant LCU per US$ of GDP | -14.4% |
| 2004 | 0.5546 constant LCU per US$ of GDP | -7.4% |
| 2005 | 0.5816 constant LCU per US$ of GDP | +4.9% |
| 2006 | 0.4987 constant LCU per US$ of GDP | -14.3% |
| 2007 | 0.3946 constant LCU per US$ of GDP | -20.9% |
| 2008 | 0.3483 constant LCU per US$ of GDP | -11.7% |
| 2009 | 0.4028 constant LCU per US$ of GDP | +15.7% |
| 2010 | 0.501 constant LCU per US$ of GDP | +24.4% |
| 2011 | 0.4976 constant LCU per US$ of GDP | -0.7% |
| 2012 | 0.5339 constant LCU per US$ of GDP | +7.3% |
| 2013 | 0.4999 constant LCU per US$ of GDP | -6.4% |
| 2014 | 0.5129 constant LCU per US$ of GDP | +2.6% |
| 2015 | 0.6075 constant LCU per US$ of GDP | +18.4% |
| 2016 | 0.6131 constant LCU per US$ of GDP | +0.9% |
| 2017 | 0.6022 constant LCU per US$ of GDP | -1.8% |
| 2018 | 0.5556 constant LCU per US$ of GDP | -7.7% |
| 2019 | 0.5549 constant LCU per US$ of GDP | -0.1% |
| 2020 | 0.5486 constant LCU per US$ of GDP | -1.1% |
| 2021 | 0.5232 constant LCU per US$ of GDP | -4.6% |
| 2022 | 0.5857 constant LCU per US$ of GDP | +11.9% |
| 2023 | 0.4838 constant LCU per US$ of GDP | -17.4% |
| 2024 | 0.4708 constant LCU per US$ of GDP | -2.7% |
| 2025 | 0.4264 constant LCU per US$ of GDP | -9.4% |
Latvia compared with similar countries
- Latvia's 0.4264 constant LCU per US$ of GDP is below the median for high income countries, which is 0.567 constant LCU per US$ of GDP, 75% of the median. (63 countries reporting)
- Latvia's 0.4264 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.6646 constant LCU per US$ of GDP, 64% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7359 constant LCU per US$ of GDP | 0.6741 constant LCU per US$ of GDP | 0.7962 constant LCU per US$ of GDP | 5 |
| 2000s | 0.5562 constant LCU per US$ of GDP | 0.3483 constant LCU per US$ of GDP | 0.7525 constant LCU per US$ of GDP | 10 |
| 2010s | 0.5479 constant LCU per US$ of GDP | 0.4976 constant LCU per US$ of GDP | 0.6131 constant LCU per US$ of GDP | 10 |
| 2020s | 0.5064 constant LCU per US$ of GDP | 0.4264 constant LCU per US$ of GDP | 0.5857 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 132 Estonia 0.4943 constant LCU per US$ of GDP compare
- 133 Panama 0.4518 constant LCU per US$ of GDP compare
- 134 Bermuda 0.436 constant LCU per US$ of GDP compare
- 136 American Samoa 0.4248 constant LCU per US$ of GDP compare
- 137 Austria 0.3957 constant LCU per US$ of GDP compare
- 138 Tajikistan 0.376 constant LCU per US$ of GDP compare
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 (constant lcu), per unit of gdp in Latvia?
- Exports of goods and services (constant lcu), per unit of gdp in Latvia was 0.4264 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.7962 constant LCU per US$ of GDP in 1997.
- What is the lowest exports of goods and services (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.3483 constant LCU per US$ of GDP in 2008.
- How does Latvia rank for exports of goods and services (constant lcu), per unit of gdp?
- Latvia ranks 135th out of 179 countries with data for 2025.
- Is exports of goods and services (constant lcu), 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.