Goods imports (BoP, current US$), per square kilometre in Latvia
Latvia: Goods imports (BoP, current US$), per square kilometre was 387,577 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Goods imports (BoP, current US$), per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2023, goods imports (bop, current us$), per square kilometre in Latvia stood at 387,577 BoP, current US$ per square kilometre.
That represents a change of down 7.5% on the previous year and up 44.0% over ten years.
Over the whole period, goods imports (bop, current us$), per square kilometre in Latvia peaked at 418,975 BoP, current US$ per square kilometre in 2022 and was at its lowest, 13,502 BoP, current US$ per square kilometre, in 1992.
Latvia ranks 79th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$), per square kilometre in Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 13,502 BoP, current US$ per square kilometre | — |
| 1993 | 16,894 BoP, current US$ per square kilometre | +25.1% |
| 1994 | 21,250 BoP, current US$ per square kilometre | +25.8% |
| 1995 | 31,292 BoP, current US$ per square kilometre | +47.3% |
| 1996 | 33,337 BoP, current US$ per square kilometre | +6.5% |
| 1997 | 38,579 BoP, current US$ per square kilometre | +15.7% |
| 1998 | 45,114 BoP, current US$ per square kilometre | +16.9% |
| 1999 | 42,265 BoP, current US$ per square kilometre | -6.3% |
| 2000 | 35,423 BoP, current US$ per square kilometre | -16.2% |
| 2001 | 42,133 BoP, current US$ per square kilometre | +18.9% |
| 2002 | 49,163 BoP, current US$ per square kilometre | +16.7% |
| 2003 | 69,217 BoP, current US$ per square kilometre | +40.8% |
| 2004 | 101,626 BoP, current US$ per square kilometre | +46.8% |
| 2005 | 130,256 BoP, current US$ per square kilometre | +28.2% |
| 2006 | 177,738 BoP, current US$ per square kilometre | +36.5% |
| 2007 | 241,583 BoP, current US$ per square kilometre | +35.9% |
| 2008 | 247,470 BoP, current US$ per square kilometre | +2.4% |
| 2009 | 149,355 BoP, current US$ per square kilometre | -39.6% |
| 2010 | 177,020 BoP, current US$ per square kilometre | +18.5% |
| 2011 | 247,074 BoP, current US$ per square kilometre | +39.6% |
| 2012 | 258,532 BoP, current US$ per square kilometre | +4.6% |
| 2013 | 269,140 BoP, current US$ per square kilometre | +4.1% |
| 2014 | 277,638 BoP, current US$ per square kilometre | +3.2% |
| 2015 | 227,916 BoP, current US$ per square kilometre | -17.9% |
| 2016 | 223,340 BoP, current US$ per square kilometre | -2.0% |
| 2017 | 256,206 BoP, current US$ per square kilometre | +14.7% |
| 2018 | 286,149 BoP, current US$ per square kilometre | +11.7% |
| 2019 | 276,746 BoP, current US$ per square kilometre | -3.3% |
| 2020 | 275,926 BoP, current US$ per square kilometre | -0.3% |
| 2021 | 360,394 BoP, current US$ per square kilometre | +30.6% |
| 2022 | 418,975 BoP, current US$ per square kilometre | +16.3% |
| 2023 | 387,577 BoP, current US$ per square kilometre | -7.5% |
Latvia compared with similar countries
- Latvia's 387,577 BoP, current US$ per square kilometre is below the median for high income countries, which is 1.46 million BoP, current US$ per square kilometre, 27% of the median. (72 countries reporting)
- Latvia's 387,577 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 611,325 BoP, current US$ per square kilometre, 63% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30,279 BoP, current US$ per square kilometre | 13,502 BoP, current US$ per square kilometre | 45,114 BoP, current US$ per square kilometre | 8 |
| 2000s | 124,396 BoP, current US$ per square kilometre | 35,423 BoP, current US$ per square kilometre | 247,470 BoP, current US$ per square kilometre | 10 |
| 2010s | 249,976 BoP, current US$ per square kilometre | 177,020 BoP, current US$ per square kilometre | 286,149 BoP, current US$ per square kilometre | 10 |
| 2020s | 360,718 BoP, current US$ per square kilometre | 275,926 BoP, current US$ per square kilometre | 418,975 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 76 Panama 404,691 BoP, current US$ per square kilometre compare
- 77 Dominica 401,151 BoP, current US$ per square kilometre compare
- 78 Armenia 400,519 BoP, current US$ per square kilometre compare
- 80 Palau 356,885 BoP, current US$ per square kilometre compare
- 81 United States of America 339,434 BoP, current US$ per square kilometre compare
- 82 Tonga 324,457 BoP, current US$ per square kilometre 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 goods imports (bop, current us$), per square kilometre in Latvia?
- Goods imports (bop, current us$), per square kilometre in Latvia was 387,577 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per square kilometre recorded in Latvia?
- The highest recorded value was 418,975 BoP, current US$ per square kilometre in 2022.
- What is the lowest goods imports (bop, current us$), per square kilometre recorded in Latvia?
- The lowest recorded value was 13,502 BoP, current US$ per square kilometre in 1992.
- How does Latvia rank for goods imports (bop, current us$), per square kilometre?
- Latvia ranks 79th out of 198 countries with data for 2023.
- Is goods imports (bop, current us$), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 44.0%. 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 Goods imports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.