Imports of goods and services in Latvia
Latvia: Imports of goods and services was 5.7% in 2025. ◆ Volatile
Imports of goods and services in Latvia, 1996–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Latvia recorded 5.7% for imports of goods and services in 2025.
The figure is up 422.9% on the previous year and up 464.3% over ten years.
Over the whole period, imports of goods and services in Latvia peaked at 26.7% in 1996 and was at its lowest, -30.9%, in 2009.
Latvia ranks 72nd of 178 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.
Imports of goods and services in Latvia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 26.7% | — |
| 1997 | 4.5% | -83.0% |
| 1998 | 16.8% | +269.8% |
| 1999 | -5.2% | -131.0% |
| 2000 | 2.8% | -152.9% |
| 2001 | 15.6% | +465.2% |
| 2002 | 2.7% | -82.7% |
| 2003 | 11.8% | +336.4% |
| 2004 | 20.6% | +75.1% |
| 2005 | 17.0% | -17.7% |
| 2006 | 21.8% | +28.2% |
| 2007 | 17.4% | -20.0% |
| 2008 | -11.2% | -164.4% |
| 2009 | -30.9% | +175.2% |
| 2010 | 12.7% | -141.2% |
| 2011 | 22.6% | +77.2% |
| 2012 | 5.2% | -76.9% |
| 2013 | -0.1% | -102.4% |
| 2014 | 3.0% | -2454.9% |
| 2015 | 1.0% | -66.2% |
| 2016 | 4.2% | +313.4% |
| 2017 | 8.6% | +104.4% |
| 2018 | 6.3% | -26.1% |
| 2019 | 2.0% | -68.0% |
| 2020 | -1.1% | -155.4% |
| 2021 | 15.1% | -1448.4% |
| 2022 | 9.9% | -34.5% |
| 2023 | -5.0% | -150.9% |
| 2024 | -1.8% | -64.9% |
| 2025 | 5.7% | -422.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.7% | -5.2% | 26.7% | 4 |
| 2000s | 6.7% | -30.9% | 21.8% | 10 |
| 2010s | 6.6% | -0.1% | 22.6% | 10 |
| 2020s | 3.8% | -5.0% | 15.1% | 6 |
Countries ranked near Latvia
- 69 Spain 6.2% compare
- 70 Northern Mariana Islands 5.9% compare
- 71 United States of America 5.8% compare
- 73 Georgia 5.7% compare
- 74 Poland 5.6% compare
- 75 Bosnia and Herzegovina 5.3% 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 of goods and services in Latvia?
- Imports of goods and services in Latvia was 5.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Latvia?
- The highest recorded value was 26.7% in 1996.
- What is the lowest imports of goods and services recorded in Latvia?
- The lowest recorded value was -30.9% in 2009.
- How does Latvia rank for imports of goods and services?
- Latvia ranks 72nd out of 178 countries with data for 2025.
- Is imports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 464.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.