Exports of goods and services (current LCU), annual growth rate in Latvia
Latvia: Exports of goods and services (current LCU), annual growth rate was 2.1 % change on previous year in 2025. ◆ Volatile
Exports of goods and services (current LCU), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, exports of goods and services (current lcu), annual growth rate in Latvia stood at 2.1 % change on previous year.
The figure is up 110.9% on the previous year and down 18.7% over ten years.
Over the whole period, exports of goods and services (current lcu), annual growth rate in Latvia peaked at 35.96 % change on previous year in 2005 and was at its lowest, -16.7 % change on previous year, in 2009.
That places Latvia 133rd out of 192 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 34.88 % change on previous year | — |
| 1997 | 13.21 % change on previous year | -62.1% |
| 1998 | 10.16 % change on previous year | -23.1% |
| 1999 | -6.9 % change on previous year | -167.9% |
| 2000 | 14.99 % change on previous year | -317.4% |
| 2001 | 12.37 % change on previous year | -17.5% |
| 2002 | 8.19 % change on previous year | -33.7% |
| 2003 | 12.33 % change on previous year | +50.4% |
| 2004 | 25.15 % change on previous year | +104.0% |
| 2005 | 35.96 % change on previous year | +43.0% |
| 2006 | 16.45 % change on previous year | -54.3% |
| 2007 | 27.07 % change on previous year | +64.6% |
| 2008 | 10.85 % change on previous year | -59.9% |
| 2009 | -16.7 % change on previous year | -254.0% |
| 2010 | 20.11 % change on previous year | -220.4% |
| 2011 | 22.64 % change on previous year | +12.6% |
| 2012 | 14.02 % change on previous year | -38.1% |
| 2013 | 1.99 % change on previous year | -85.8% |
| 2014 | 5.45 % change on previous year | +174.0% |
| 2015 | 2.58 % change on previous year | -52.6% |
| 2016 | 2.07 % change on previous year | -19.7% |
| 2017 | 9.99 % change on previous year | +381.6% |
| 2018 | 7.76 % change on previous year | -22.4% |
| 2019 | 2.83 % change on previous year | -63.5% |
| 2020 | -0.9659 % change on previous year | -134.1% |
| 2021 | 17.79 % change on previous year | -1941.7% |
| 2022 | 29.67 % change on previous year | +66.8% |
| 2023 | -6.65 % change on previous year | -122.4% |
| 2024 | 0.9966 % change on previous year | -115.0% |
| 2025 | 2.1 % change on previous year | +110.9% |
Latvia compared with similar countries
- Latvia's 2.1 % change on previous year is below the median for high income countries, which is 3.33 % change on previous year, 63% of the median. (72 countries reporting)
- Latvia's 2.1 % change on previous year is below the median for Europe & Central Asia, which is 2.48 % change on previous year, 85% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services (current LCU), annual growth rate in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1941.7% | -0.9659 % change on previous year | 17.79 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.84 % change on previous year | -6.9 % change on previous year | 34.88 % change on previous year | 4 |
| 2000s | 14.66 % change on previous year | -16.7 % change on previous year | 35.96 % change on previous year | 10 |
| 2010s | 8.95 % change on previous year | 1.99 % change on previous year | 22.64 % change on previous year | 10 |
| 2020s | 7.16 % change on previous year | -6.65 % change on previous year | 29.67 % change on previous year | 6 |
Countries ranked near Latvia
- 130 Bahrain 2.36 % change on previous year compare
- 131 Iceland 2.27 % change on previous year compare
- 132 Italy 2.2 % change on previous year compare
- 134 Poland 2.03 % change on previous year compare
- 135 Israel 1.98 % change on previous year compare
- 136 Austria 1.97 % change on previous year compare
More economy & growth data for Latvia
- 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)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (current lcu), annual growth rate in Latvia?
- Exports of goods and services (current lcu), annual growth rate in Latvia was 2.1 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (current lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 35.96 % change on previous year in 2005.
- What is the lowest exports of goods and services (current lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -16.7 % change on previous year in 2009.
- How does Latvia rank for exports of goods and services (current lcu), annual growth rate?
- Latvia ranks 133rd out of 192 countries with data for 2025.
- Is exports of goods and services (current lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Exports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Exports of goods and services 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
The year-on-year percentage change in Exports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.