Exports of goods and services (current LCU), per unit of GDP in Latvia
Latvia: Exports of goods and services (current LCU), per unit of GDP was 0.5538 current LCU per US$ of GDP in 2025. ▲ Rising
Exports of goods and services (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, exports of goods and services (current lcu), per unit of gdp in Latvia stood at 0.5538 current LCU per US$ of GDP.
That represents a change of down 7.6% on the previous year and down 1.8% over ten years.
Over the whole period, exports of goods and services (current lcu), per unit of gdp in Latvia peaked at 0.736 current LCU per US$ of GDP in 2022 and was at its lowest, 0.2502 current LCU per US$ of GDP, in 1995.
Latvia ranks 154th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Exports of goods and services (current LCU), per unit of GDP in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.2502 current LCU per US$ of GDP | — |
| 1996 | 0.3263 current LCU per US$ of GDP | +30.4% |
| 1997 | 0.3374 current LCU per US$ of GDP | +3.4% |
| 1998 | 0.3384 current LCU per US$ of GDP | +0.3% |
| 1999 | 0.3 current LCU per US$ of GDP | -11.3% |
| 2000 | 0.3255 current LCU per US$ of GDP | +8.5% |
| 2001 | 0.3466 current LCU per US$ of GDP | +6.5% |
| 2002 | 0.3321 current LCU per US$ of GDP | -4.2% |
| 2003 | 0.3068 current LCU per US$ of GDP | -7.6% |
| 2004 | 0.3123 current LCU per US$ of GDP | +1.8% |
| 2005 | 0.36 current LCU per US$ of GDP | +15.3% |
| 2006 | 0.3345 current LCU per US$ of GDP | -7.1% |
| 2007 | 0.2953 current LCU per US$ of GDP | -11.7% |
| 2008 | 0.2821 current LCU per US$ of GDP | -4.5% |
| 2009 | 0.3122 current LCU per US$ of GDP | +10.7% |
| 2010 | 0.4105 current LCU per US$ of GDP | +31.5% |
| 2011 | 0.4446 current LCU per US$ of GDP | +8.3% |
| 2012 | 0.4968 current LCU per US$ of GDP | +11.7% |
| 2013 | 0.4713 current LCU per US$ of GDP | -5.1% |
| 2014 | 0.4785 current LCU per US$ of GDP | +1.5% |
| 2015 | 0.5642 current LCU per US$ of GDP | +17.9% |
| 2016 | 0.5595 current LCU per US$ of GDP | -0.8% |
| 2017 | 0.5678 current LCU per US$ of GDP | +1.5% |
| 2018 | 0.5408 current LCU per US$ of GDP | -4.7% |
| 2019 | 0.5586 current LCU per US$ of GDP | +3.3% |
| 2020 | 0.5486 current LCU per US$ of GDP | -1.8% |
| 2021 | 0.5649 current LCU per US$ of GDP | +3.0% |
| 2022 | 0.736 current LCU per US$ of GDP | +30.3% |
| 2023 | 0.6103 current LCU per US$ of GDP | -17.1% |
| 2024 | 0.5993 current LCU per US$ of GDP | -1.8% |
| 2025 | 0.5538 current LCU per US$ of GDP | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3104 current LCU per US$ of GDP | 0.2502 current LCU per US$ of GDP | 0.3384 current LCU per US$ of GDP | 5 |
| 2000s | 0.3207 current LCU per US$ of GDP | 0.2821 current LCU per US$ of GDP | 0.36 current LCU per US$ of GDP | 10 |
| 2010s | 0.5093 current LCU per US$ of GDP | 0.4105 current LCU per US$ of GDP | 0.5678 current LCU per US$ of GDP | 10 |
| 2020s | 0.6021 current LCU per US$ of GDP | 0.5486 current LCU per US$ of GDP | 0.736 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 151 Belgium 0.6677 current LCU per US$ of GDP compare
- 152 Switzerland 0.6489 current LCU per US$ of GDP compare
- 153 Lithuania 0.6459 current LCU per US$ of GDP compare
- 155 Bermuda 0.5515 current LCU per US$ of GDP compare
- 156 Austria 0.4841 current LCU per US$ of GDP compare
- 157 American Samoa 0.4696 current 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 (current lcu), per unit of gdp in Latvia?
- Exports of goods and services (current lcu), per unit of gdp in Latvia was 0.5538 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.736 current LCU per US$ of GDP in 2022.
- What is the lowest exports of goods and services (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.2502 current LCU per US$ of GDP in 1995.
- How does Latvia rank for exports of goods and services (current lcu), per unit of gdp?
- Latvia ranks 154th out of 193 countries with data for 2025.
- Is exports of goods and services (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (current LCU) ÷ GDP (current US$)
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 (current 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.