ICT service exports in Latvia
Latvia: ICT service exports was 19.0% 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 % of service exports, BoP.
Analysis
The most recent figure for ict service exports in Latvia is 19.0%, measured in 2025. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 8.8% on the previous year and up 133.0% over ten years.
Over the whole period, ict service exports in Latvia peaked at 19.0% in 2025 and was at its lowest, 0.0%, in 1992.
Latvia ranks 28th of 189 countries on this measure, in the top quarter.
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 | % of service exports, BoP | Change |
|---|---|---|
| 1992 | 0.0% | — |
| 1993 | 0.8% | +3287.4% |
| 1994 | 0.8% | +5.3% |
| 1995 | 0.8% | -8.7% |
| 1996 | 2.6% | +237.4% |
| 1997 | 3.5% | +34.8% |
| 1998 | 3.3% | -4.7% |
| 1999 | 4.4% | +33.8% |
| 2008 | 4.1% | -7.3% |
| 2009 | 4.8% | +17.7% |
| 2010 | 5.3% | +10.4% |
| 2011 | 5.4% | +1.0% |
| 2012 | 6.4% | +18.4% |
| 2013 | 7.3% | +14.7% |
| 2014 | 7.0% | -4.3% |
| 2015 | 8.2% | +16.9% |
| 2016 | 11.4% | +39.4% |
| 2017 | 12.4% | +8.6% |
| 2018 | 14.4% | +16.3% |
| 2019 | 14.9% | +3.7% |
| 2020 | 17.6% | +18.2% |
| 2021 | 18.0% | +2.3% |
| 2022 | 17.2% | -4.7% |
| 2023 | 16.9% | -1.5% |
| 2024 | 17.5% | +3.4% |
| 2025 | 19.0% | +8.8% |
Latvia compared with similar countries
- Latvia's 19.0% is above the median for high income countries, which is 7.6%, 2.5× the median. (68 countries reporting)
- Latvia's 19.0% is above the median for Europe & Central Asia, which is 11.4%, 1.7× 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 | +3287.4% | 0.0% | 0.8% |
| 1996 | +237.4% | 0.8% | 2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.0% | 0.0% | 4.4% | 8 |
| 2000s | 4.5% | 4.1% | 4.8% | 2 |
| 2010s | 9.2% | 5.3% | 14.9% | 10 |
| 2020s | 17.7% | 16.9% | 19.0% | 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 19.0% 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 19.0% in 2025.
- What is the lowest ict service exports recorded in Latvia?
- The lowest recorded value was 0.0% in 1992.
- How does Latvia rank for ict service exports?
- Latvia ranks 28th 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 133.0%. 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 (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).