Imports by region of origin, per unit of GDP in Latvia
Latvia: Imports by region of origin, per unit of GDP was 0.0065 current US$ per US$ of GDP in 2024. ▼ Falling
Imports by region of origin, per unit of GDP in Latvia, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 0.0065 current US$ per US$ of GDP for imports by region of origin, per unit of gdp in 2024.
Compared with earlier readings it is down 5.6% on the previous year and up 61.4% over ten years.
Over the whole period, imports by region of origin, per unit of gdp in Latvia peaked at 0.0153 current US$ per US$ of GDP in 2017 and was at its lowest, 0.0036 current US$ per US$ of GDP, in 2009.
That places Latvia 158th out of 201 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Imports by region of origin, per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.007 current US$ per US$ of GDP | — |
| 1996 | 0.0131 current US$ per US$ of GDP | +86.2% |
| 1997 | 0.0135 current US$ per US$ of GDP | +3.3% |
| 1998 | 0.0114 current US$ per US$ of GDP | -16.0% |
| 1999 | 0.0092 current US$ per US$ of GDP | -19.1% |
| 2000 | 0.0092 current US$ per US$ of GDP | +0.3% |
| 2001 | 0.009 current US$ per US$ of GDP | -2.2% |
| 2002 | 0.0078 current US$ per US$ of GDP | -13.5% |
| 2003 | 0.0093 current US$ per US$ of GDP | +18.8% |
| 2004 | 0.0078 current US$ per US$ of GDP | -16.0% |
| 2005 | 0.0071 current US$ per US$ of GDP | -9.4% |
| 2006 | 0.0063 current US$ per US$ of GDP | -10.1% |
| 2007 | 0.0069 current US$ per US$ of GDP | +9.1% |
| 2008 | 0.0055 current US$ per US$ of GDP | -20.3% |
| 2009 | 0.0036 current US$ per US$ of GDP | -34.4% |
| 2010 | 0.0059 current US$ per US$ of GDP | +61.8% |
| 2011 | 0.0047 current US$ per US$ of GDP | -19.2% |
| 2012 | 0.0052 current US$ per US$ of GDP | +9.1% |
| 2013 | 0.0045 current US$ per US$ of GDP | -13.7% |
| 2014 | 0.004 current US$ per US$ of GDP | -9.3% |
| 2015 | 0.0047 current US$ per US$ of GDP | +15.7% |
| 2016 | 0.0065 current US$ per US$ of GDP | +38.4% |
| 2017 | 0.0153 current US$ per US$ of GDP | +136.1% |
| 2018 | 0.0084 current US$ per US$ of GDP | -44.9% |
| 2019 | 0.0073 current US$ per US$ of GDP | -13.7% |
| 2020 | 0.0061 current US$ per US$ of GDP | -16.4% |
| 2021 | 0.0074 current US$ per US$ of GDP | +21.7% |
| 2022 | 0.0088 current US$ per US$ of GDP | +18.7% |
| 2023 | 0.0069 current US$ per US$ of GDP | -21.4% |
| 2024 | 0.0065 current US$ per US$ of GDP | -5.6% |
Latvia compared with similar countries
- Latvia's 0.0065 current US$ per US$ of GDP is below the median for high income countries, which is 0.0205 current US$ per US$ of GDP, 32% of the median. (73 countries reporting)
- Latvia's 0.0065 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0127 current US$ per US$ of GDP, 51% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Imports by region of origin, per unit of GDP 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 |
|---|---|---|---|
| 2017 | +136.1% | 0.0065 current US$ per US$ of GDP | 0.0153 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0109 current US$ per US$ of GDP | 0.007 current US$ per US$ of GDP | 0.0135 current US$ per US$ of GDP | 5 |
| 2000s | 0.0073 current US$ per US$ of GDP | 0.0036 current US$ per US$ of GDP | 0.0093 current US$ per US$ of GDP | 10 |
| 2010s | 0.0066 current US$ per US$ of GDP | 0.004 current US$ per US$ of GDP | 0.0153 current US$ per US$ of GDP | 10 |
| 2020s | 0.0071 current US$ per US$ of GDP | 0.0061 current US$ per US$ of GDP | 0.0088 current US$ per US$ of GDP | 5 |
Countries ranked near Latvia
- 155 Bulgaria 0.007 current US$ per US$ of GDP compare
- 156 Tanzania 0.0069 current US$ per US$ of GDP compare
- 157 Iraq 0.0069 current US$ per US$ of GDP compare
- 159 Ethiopia 0.0064 current US$ per US$ of GDP compare
- 160 Kenya 0.0063 current US$ per US$ of GDP compare
- 161 Benin 0.0063 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 imports by region of origin, per unit of gdp in Latvia?
- Imports by region of origin, per unit of gdp in Latvia was 0.0065 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports by region of origin, per unit of gdp recorded in Latvia?
- The highest recorded value was 0.0153 current US$ per US$ of GDP in 2017.
- What is the lowest imports by region of origin, per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0036 current US$ per US$ of GDP in 2009.
- How does Latvia rank for imports by region of origin, per unit of gdp?
- Latvia ranks 158th out of 201 countries with data for 2024.
- Is imports by region of origin, per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 61.4%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Imports by region of origin, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports by region of origin ÷ GDP (current US$)
Computed from
- Imports by region of origin International Monetary Fund (2025) – with major processing by Our World in Data
- 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
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.