Exports of goods, services and primary income (BoP, current US$), per in Latvia
Latvia: Exports of goods, services and primary income (BoP, current US$), per was 0.6917 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Exports of goods, services and primary income (BoP, current US$), per in Latvia, 1995–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for exports of goods, services and primary income (bop, current us$), per in Latvia is 0.6917 BoP, current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 4.2% on the previous year and up 1.3% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Latvia peaked at 0.8259 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.3205 BoP, current US$ per US$ of GDP, in 2000.
Latvia ranks 42nd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Exports of goods, services and primary income (BoP, current US$), per in Latvia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.3849 BoP, current US$ per US$ of GDP | — |
| 1996 | 0.4391 BoP, current US$ per US$ of GDP | +14.1% |
| 1997 | 0.4357 BoP, current US$ per US$ of GDP | -0.8% |
| 1998 | 0.4317 BoP, current US$ per US$ of GDP | -0.9% |
| 1999 | 0.3831 BoP, current US$ per US$ of GDP | -11.3% |
| 2000 | 0.3205 BoP, current US$ per US$ of GDP | -16.3% |
| 2001 | 0.3354 BoP, current US$ per US$ of GDP | +4.6% |
| 2002 | 0.3377 BoP, current US$ per US$ of GDP | +0.7% |
| 2003 | 0.3751 BoP, current US$ per US$ of GDP | +11.1% |
| 2004 | 0.4234 BoP, current US$ per US$ of GDP | +12.9% |
| 2005 | 0.4973 BoP, current US$ per US$ of GDP | +17.4% |
| 2006 | 0.4788 BoP, current US$ per US$ of GDP | -3.7% |
| 2007 | 0.4625 BoP, current US$ per US$ of GDP | -3.4% |
| 2008 | 0.4777 BoP, current US$ per US$ of GDP | +3.3% |
| 2009 | 0.5004 BoP, current US$ per US$ of GDP | +4.7% |
| 2010 | 0.6017 BoP, current US$ per US$ of GDP | +20.2% |
| 2011 | 0.6792 BoP, current US$ per US$ of GDP | +12.9% |
| 2012 | 0.6973 BoP, current US$ per US$ of GDP | +2.7% |
| 2013 | 0.6812 BoP, current US$ per US$ of GDP | -2.3% |
| 2014 | 0.691 BoP, current US$ per US$ of GDP | +1.4% |
| 2015 | 0.6825 BoP, current US$ per US$ of GDP | -1.2% |
| 2016 | 0.6774 BoP, current US$ per US$ of GDP | -0.8% |
| 2017 | 0.7026 BoP, current US$ per US$ of GDP | +3.7% |
| 2018 | 0.6911 BoP, current US$ per US$ of GDP | -1.6% |
| 2019 | 0.6748 BoP, current US$ per US$ of GDP | -2.3% |
| 2020 | 0.6739 BoP, current US$ per US$ of GDP | -0.1% |
| 2021 | 0.7126 BoP, current US$ per US$ of GDP | +5.7% |
| 2022 | 0.8259 BoP, current US$ per US$ of GDP | +15.9% |
| 2023 | 0.7304 BoP, current US$ per US$ of GDP | -11.6% |
| 2024 | 0.7222 BoP, current US$ per US$ of GDP | -1.1% |
| 2025 | 0.6917 BoP, current US$ per US$ of GDP | -4.2% |
Latvia compared with similar countries
- Latvia's 0.6917 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.587 BoP, current US$ per US$ of GDP, 1.2× the median. (72 countries reporting)
- Latvia's 0.6917 BoP, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.5342 BoP, current US$ per US$ of GDP, 1.3× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4149 BoP, current US$ per US$ of GDP | 0.3831 BoP, current US$ per US$ of GDP | 0.4391 BoP, current US$ per US$ of GDP | 5 |
| 2000s | 0.4209 BoP, current US$ per US$ of GDP | 0.3205 BoP, current US$ per US$ of GDP | 0.5004 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.6779 BoP, current US$ per US$ of GDP | 0.6017 BoP, current US$ per US$ of GDP | 0.7026 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.7261 BoP, current US$ per US$ of GDP | 0.6739 BoP, current US$ per US$ of GDP | 0.8259 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 39 Suriname 0.7174 BoP, current US$ per US$ of GDP compare
- 40 Mongolia 0.7108 BoP, current US$ per US$ of GDP compare
- 41 Sweden 0.7007 BoP, current US$ per US$ of GDP compare
- 43 Curacao 0.6914 BoP, current US$ per US$ of GDP compare
- 44 Laos 0.6807 BoP, current US$ per US$ of GDP compare
- 45 Oman 0.6709 BoP, 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, services and primary income (bop, current us$), per in Latvia?
- Exports of goods, services and primary income (bop, current us$), per in Latvia was 0.6917 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Latvia?
- The highest recorded value was 0.8259 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Latvia?
- The lowest recorded value was 0.3205 BoP, current US$ per US$ of GDP in 2000.
- How does Latvia rank for exports of goods, services and primary income (bop, current us$), per?
- Latvia ranks 42nd out of 198 countries with data for 2025.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Latvia?
- Over the last ten years it is up 1.3%. 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, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.