Exports of goods and services (current LCU) in Latvia
Latvia: Exports of goods and services (current LCU) was 26.92 billion current LCU in 2025. ◆ Volatile
Exports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for exports of goods and services in Latvia is 26.92 billion current LCU, measured in 2025.
That represents a change of up 2.1% on the previous year and up 81.1% over ten years.
Over the whole period, exports of goods and services in Latvia peaked at 27.97 billion current LCU in 2022 and was at its lowest, 1.40 billion current LCU, in 1995.
Latvia ranks 153rd of 193 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 (current LCU) in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 1.40 billion current LCU | — |
| 1996 | 1.89 billion current LCU | +34.9% |
| 1997 | 2.14 billion current LCU | +13.2% |
| 1998 | 2.36 billion current LCU | +10.2% |
| 1999 | 2.20 billion current LCU | -6.9% |
| 2000 | 2.53 billion current LCU | +15.0% |
| 2001 | 2.84 billion current LCU | +12.4% |
| 2002 | 3.07 billion current LCU | +8.2% |
| 2003 | 3.45 billion current LCU | +12.3% |
| 2004 | 4.32 billion current LCU | +25.1% |
| 2005 | 5.87 billion current LCU | +36.0% |
| 2006 | 6.84 billion current LCU | +16.4% |
| 2007 | 8.69 billion current LCU | +27.1% |
| 2008 | 9.63 billion current LCU | +10.8% |
| 2009 | 8.02 billion current LCU | -16.7% |
| 2010 | 9.63 billion current LCU | +20.1% |
| 2011 | 11.81 billion current LCU | +22.6% |
| 2012 | 13.47 billion current LCU | +14.0% |
| 2013 | 13.74 billion current LCU | +2.0% |
| 2014 | 14.49 billion current LCU | +5.5% |
| 2015 | 14.86 billion current LCU | +2.6% |
| 2016 | 15.17 billion current LCU | +2.1% |
| 2017 | 16.69 billion current LCU | +10.0% |
| 2018 | 17.98 billion current LCU | +7.8% |
| 2019 | 18.49 billion current LCU | +2.8% |
| 2020 | 18.31 billion current LCU | -1.0% |
| 2021 | 21.57 billion current LCU | +17.8% |
| 2022 | 27.97 billion current LCU | +29.7% |
| 2023 | 26.11 billion current LCU | -6.7% |
| 2024 | 26.37 billion current LCU | +1.0% |
| 2025 | 26.92 billion current LCU | +2.1% |
Latvia compared with similar countries
- Latvia's 26.92 billion current LCU is below the median for high income countries, which is 136.72 billion current LCU, 20% of the median. (72 countries reporting)
- Latvia's 26.92 billion current LCU is below the median for Europe & Central Asia, which is 507.15 billion current LCU, 5% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.00 billion current LCU | 1.40 billion current LCU | 2.36 billion current LCU | 5 |
| 2000s | 5.52 billion current LCU | 2.53 billion current LCU | 9.63 billion current LCU | 10 |
| 2010s | 14.63 billion current LCU | 9.63 billion current LCU | 18.49 billion current LCU | 10 |
| 2020s | 24.54 billion current LCU | 18.31 billion current LCU | 27.97 billion current LCU | 6 |
Countries ranked near Latvia
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 in Latvia?
- Exports of goods and services in Latvia was 26.92 billion current LCU 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 27.97 billion current LCU in 2022.
- What is the lowest exports of goods and services recorded in Latvia?
- The lowest recorded value was 1.40 billion current LCU in 1995.
- How does Latvia rank for exports of goods and services?
- Latvia ranks 153rd out of 193 countries with data for 2025.
- Is exports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 81.1%. 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 (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.