Exports of goods and services (current US$), per unit of GDP in Latvia
Latvia: Exports of goods and services (current US$), per unit of GDP was 0.6257 current US$ per US$ of GDP in 2025. ▲ Rising
Exports of goods and services (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, exports of goods and services (current us$), per unit of gdp in Latvia stood at 0.6257 current US$ per US$ of GDP.
That represents a change of down 3.5% on the previous year and down 0.0% over ten years.
Over the whole period, exports of goods and services (current us$), per unit of gdp in Latvia peaked at 0.775 current US$ per US$ of GDP in 2022 and was at its lowest, 0.3568 current US$ per US$ of GDP, in 1995.
That places Latvia 39th out of 193 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Exports of goods and services (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.3568 current US$ per US$ of GDP | — |
| 1996 | 0.4164 current US$ per US$ of GDP | +16.7% |
| 1997 | 0.4082 current US$ per US$ of GDP | -2.0% |
| 1998 | 0.4032 current US$ per US$ of GDP | -1.2% |
| 1999 | 0.3603 current US$ per US$ of GDP | -10.6% |
| 2000 | 0.3772 current US$ per US$ of GDP | +4.7% |
| 2001 | 0.388 current US$ per US$ of GDP | +2.8% |
| 2002 | 0.3776 current US$ per US$ of GDP | -2.7% |
| 2003 | 0.3774 current US$ per US$ of GDP | -0.0% |
| 2004 | 0.4063 current US$ per US$ of GDP | +7.7% |
| 2005 | 0.4481 current US$ per US$ of GDP | +10.3% |
| 2006 | 0.4195 current US$ per US$ of GDP | -6.4% |
| 2007 | 0.4039 current US$ per US$ of GDP | -3.7% |
| 2008 | 0.4123 current US$ per US$ of GDP | +2.1% |
| 2009 | 0.434 current US$ per US$ of GDP | +5.2% |
| 2010 | 0.5437 current US$ per US$ of GDP | +25.3% |
| 2011 | 0.618 current US$ per US$ of GDP | +13.7% |
| 2012 | 0.6383 current US$ per US$ of GDP | +3.3% |
| 2013 | 0.6258 current US$ per US$ of GDP | -2.0% |
| 2014 | 0.6357 current US$ per US$ of GDP | +1.6% |
| 2015 | 0.626 current US$ per US$ of GDP | -1.5% |
| 2016 | 0.6193 current US$ per US$ of GDP | -1.1% |
| 2017 | 0.6414 current US$ per US$ of GDP | +3.6% |
| 2018 | 0.6387 current US$ per US$ of GDP | -0.4% |
| 2019 | 0.6254 current US$ per US$ of GDP | -2.1% |
| 2020 | 0.6266 current US$ per US$ of GDP | +0.2% |
| 2021 | 0.6681 current US$ per US$ of GDP | +6.6% |
| 2022 | 0.775 current US$ per US$ of GDP | +16.0% |
| 2023 | 0.6599 current US$ per US$ of GDP | -14.9% |
| 2024 | 0.6486 current US$ per US$ of GDP | -1.7% |
| 2025 | 0.6257 current US$ per US$ of GDP | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.389 current US$ per US$ of GDP | 0.3568 current US$ per US$ of GDP | 0.4164 current US$ per US$ of GDP | 5 |
| 2000s | 0.4044 current US$ per US$ of GDP | 0.3772 current US$ per US$ of GDP | 0.4481 current US$ per US$ of GDP | 10 |
| 2010s | 0.6212 current US$ per US$ of GDP | 0.5437 current US$ per US$ of GDP | 0.6414 current US$ per US$ of GDP | 10 |
| 2020s | 0.6673 current US$ per US$ of GDP | 0.6257 current US$ per US$ of GDP | 0.775 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 36 Oman 0.6607 current US$ per US$ of GDP compare
- 37 Mauritius 0.6504 current US$ per US$ of GDP compare
- 38 Curaçao 0.6325 current US$ per US$ of GDP compare
- 40 Naoero 0.6176 current US$ per US$ of GDP compare
- 41 North Macedonia 0.5965 current US$ per US$ of GDP compare
- 42 Kuwait 0.5576 current US$ 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 us$), per unit of gdp in Latvia?
- Exports of goods and services (current us$), per unit of gdp in Latvia was 0.6257 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods and services (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.775 current US$ per US$ of GDP in 2022.
- What is the lowest exports of goods and services (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.3568 current US$ per US$ of GDP in 1995.
- How does Latvia rank for exports of goods and services (current us$), per unit of gdp?
- Latvia ranks 39th out of 193 countries with data for 2025.
- Is exports of goods and services (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 0.0%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.