Imports of goods and services (BoP, current US$), per square kilometre in Latvia
Latvia: Imports of goods and services (BoP, current US$), per square kilometre was 480,069 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Imports of goods and services (BoP, current US$), per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Latvia recorded 480,069 BoP, current US$ per square kilometre for imports of goods and services (bop, current us$), per square kilometre in 2023.
Compared with earlier readings it is down 4.3% on the previous year and up 52.5% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per square kilometre in Latvia peaked at 501,464 BoP, current US$ per square kilometre in 2022 and was at its lowest, 16,015 BoP, current US$ per square kilometre, in 1992.
That places Latvia 80th out of 198 countries with data for 2023, putting it 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 (BoP, current US$), per square kilometre in Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 16,015 BoP, current US$ per square kilometre | — |
| 1993 | 20,185 BoP, current US$ per square kilometre | +26.0% |
| 1994 | 26,018 BoP, current US$ per square kilometre | +28.9% |
| 1995 | 35,245 BoP, current US$ per square kilometre | +35.5% |
| 1996 | 45,324 BoP, current US$ per square kilometre | +28.6% |
| 1997 | 49,280 BoP, current US$ per square kilometre | +8.7% |
| 1998 | 58,344 BoP, current US$ per square kilometre | +18.4% |
| 1999 | 53,663 BoP, current US$ per square kilometre | -8.0% |
| 2000 | 44,651 BoP, current US$ per square kilometre | -16.8% |
| 2001 | 51,276 BoP, current US$ per square kilometre | +14.8% |
| 2002 | 59,078 BoP, current US$ per square kilometre | +15.2% |
| 2003 | 83,701 BoP, current US$ per square kilometre | +41.7% |
| 2004 | 120,498 BoP, current US$ per square kilometre | +44.0% |
| 2005 | 156,003 BoP, current US$ per square kilometre | +29.5% |
| 2006 | 210,605 BoP, current US$ per square kilometre | +35.0% |
| 2007 | 286,816 BoP, current US$ per square kilometre | +36.2% |
| 2008 | 300,842 BoP, current US$ per square kilometre | +4.9% |
| 2009 | 188,000 BoP, current US$ per square kilometre | -37.5% |
| 2010 | 214,288 BoP, current US$ per square kilometre | +14.0% |
| 2011 | 291,711 BoP, current US$ per square kilometre | +36.1% |
| 2012 | 302,869 BoP, current US$ per square kilometre | +3.8% |
| 2013 | 314,712 BoP, current US$ per square kilometre | +3.9% |
| 2014 | 323,070 BoP, current US$ per square kilometre | +2.7% |
| 2015 | 269,992 BoP, current US$ per square kilometre | -16.4% |
| 2016 | 267,419 BoP, current US$ per square kilometre | -1.0% |
| 2017 | 305,713 BoP, current US$ per square kilometre | +14.3% |
| 2018 | 343,410 BoP, current US$ per square kilometre | +12.3% |
| 2019 | 333,698 BoP, current US$ per square kilometre | -2.8% |
| 2020 | 328,956 BoP, current US$ per square kilometre | -1.4% |
| 2021 | 428,800 BoP, current US$ per square kilometre | +30.4% |
| 2022 | 501,464 BoP, current US$ per square kilometre | +16.9% |
| 2023 | 480,069 BoP, current US$ per square kilometre | -4.3% |
Latvia compared with similar countries
- Latvia's 480,069 BoP, current US$ per square kilometre is below the median for high income countries, which is 2.26 million BoP, current US$ per square kilometre, 21% of the median. (72 countries reporting)
- Latvia's 480,069 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 794,790 BoP, current US$ per square kilometre, 60% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38,009 BoP, current US$ per square kilometre | 16,015 BoP, current US$ per square kilometre | 58,344 BoP, current US$ per square kilometre | 8 |
| 2000s | 150,147 BoP, current US$ per square kilometre | 44,651 BoP, current US$ per square kilometre | 300,842 BoP, current US$ per square kilometre | 10 |
| 2010s | 296,688 BoP, current US$ per square kilometre | 214,288 BoP, current US$ per square kilometre | 343,410 BoP, current US$ per square kilometre | 10 |
| 2020s | 434,822 BoP, current US$ per square kilometre | 328,956 BoP, current US$ per square kilometre | 501,464 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 77 North Macedonia 505,539 BoP, current US$ per square kilometre compare
- 78 Turkey 503,020 BoP, current US$ per square kilometre compare
- 79 Panama 486,221 BoP, current US$ per square kilometre compare
- 81 Palau 450,372 BoP, current US$ per square kilometre compare
- 82 Norway 425,627 BoP, current US$ per square kilometre compare
- 83 United States 422,715 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 imports of goods and services (bop, current us$), per square kilometre in Latvia?
- Imports of goods and services (bop, current us$), per square kilometre in Latvia was 480,069 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per square kilometre recorded in Latvia?
- The highest recorded value was 501,464 BoP, current US$ per square kilometre in 2022.
- What is the lowest imports of goods and services (bop, current us$), per square kilometre recorded in Latvia?
- The lowest recorded value was 16,015 BoP, current US$ per square kilometre in 1992.
- How does Latvia rank for imports of goods and services (bop, current us$), per square kilometre?
- Latvia ranks 80th out of 198 countries with data for 2023.
- Is imports of goods and services (bop, current us$), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 52.5%. 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 Imports of goods and services (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) 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.
Imports of goods and services (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) 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.