ICT service exports in Latvia
Latvia: ICT service exports was 1.77 billion BoP, current US$ in 2025. ◆ Volatile
ICT service exports in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Latvia recorded 1.77 billion BoP, current US$ for ict service exports in 2025. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 20.5% on the previous year and up 343.2% over ten years.
Over the whole period, ict service exports in Latvia peaked at 1.77 billion BoP, current US$ in 2025 and was at its lowest, 67,888 BoP, current US$, in 1992.
That places Latvia 56th out of 189 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Latvia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1992 | 67,888 BoP, current US$ | — |
| 1993 | 4.22 million BoP, current US$ | +6119.1% |
| 1994 | 5.48 million BoP, current US$ | +29.7% |
| 1995 | 5.48 million BoP, current US$ | +0.1% |
| 1996 | 30.44 million BoP, current US$ | +455.3% |
| 1997 | 39.55 million BoP, current US$ | +29.9% |
| 1998 | 40.00 million BoP, current US$ | +1.1% |
| 1999 | 51.90 million BoP, current US$ | +29.8% |
| 2008 | 219.84 million BoP, current US$ | +323.6% |
| 2009 | 211.55 million BoP, current US$ | -3.8% |
| 2010 | 214.69 million BoP, current US$ | +1.5% |
| 2011 | 258.53 million BoP, current US$ | +20.4% |
| 2012 | 305.38 million BoP, current US$ | +18.1% |
| 2013 | 374.96 million BoP, current US$ | +22.8% |
| 2014 | 385.57 million BoP, current US$ | +2.8% |
| 2015 | 400.28 million BoP, current US$ | +3.8% |
| 2016 | 588.40 million BoP, current US$ | +47.0% |
| 2017 | 707.87 million BoP, current US$ | +20.3% |
| 2018 | 918.40 million BoP, current US$ | +29.7% |
| 2019 | 954.84 million BoP, current US$ | +4.0% |
| 2020 | 978.52 million BoP, current US$ | +2.5% |
| 2021 | 1.14 billion BoP, current US$ | +16.2% |
| 2022 | 1.31 billion BoP, current US$ | +14.9% |
| 2023 | 1.37 billion BoP, current US$ | +5.2% |
| 2024 | 1.47 billion BoP, current US$ | +7.1% |
| 2025 | 1.77 billion BoP, current US$ | +20.5% |
Latvia compared with similar countries
- Latvia's 1.77 billion BoP, current US$ is below the median for high income countries, which is 2.68 billion BoP, current US$, 66% of the median. (68 countries reporting)
- Latvia's 1.77 billion BoP, current US$ is below the median for Europe & Central Asia, which is 4.34 billion BoP, current US$, 41% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +6119.1% | 67,888 BoP, current US$ | 4.22 million BoP, current US$ |
| 1996 | +455.3% | 5.48 million BoP, current US$ | 30.44 million BoP, current US$ |
| 2008 | +323.6% | 51.90 million BoP, current US$ | 219.84 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.14 million BoP, current US$ | 67,888 BoP, current US$ | 51.90 million BoP, current US$ | 8 |
| 2000s | 215.69 million BoP, current US$ | 211.55 million BoP, current US$ | 219.84 million BoP, current US$ | 2 |
| 2010s | 510.89 million BoP, current US$ | 214.69 million BoP, current US$ | 954.84 million BoP, current US$ | 10 |
| 2020s | 1.34 billion BoP, current US$ | 978.52 million BoP, current US$ | 1.77 billion BoP, current US$ | 6 |
Countries ranked near Latvia
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 ict service exports in Latvia?
- Ict service exports in Latvia was 1.77 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Latvia?
- The highest recorded value was 1.77 billion BoP, current US$ in 2025.
- What is the lowest ict service exports recorded in Latvia?
- The lowest recorded value was 67,888 BoP, current US$ in 1992.
- How does Latvia rank for ict service exports?
- Latvia ranks 56th out of 189 countries with data for 2025.
- Is ict service exports rising or falling in Latvia?
- Over the last ten years it is up 343.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.