Imports of goods and services (constant 2015 US$), per unit of GDP in Latvia
Latvia: Imports of goods and services (constant 2015 US$), per unit of GDP was 0.5233 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Imports of goods and services (constant 2015 US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, imports of goods and services (constant 2015 us$), per unit of gdp in Latvia stood at 0.5233 constant 2015 US$ per US$ of GDP.
That represents a change of down 4.3% on the previous year and down 18.0% over ten years.
Over the whole period, imports of goods and services (constant 2015 us$), per unit of gdp in Latvia peaked at 0.997 constant 2015 US$ per US$ of GDP in 1998 and was at its lowest, 0.4329 constant 2015 US$ per US$ of GDP, in 2009.
That places Latvia 46th out of 172 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Imports of goods and services (constant 2015 US$), per unit of GDP in Latvia, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.8015 constant 2015 US$ per US$ of GDP | — |
| 1996 | 0.9822 constant 2015 US$ per US$ of GDP | +22.6% |
| 1997 | 0.9378 constant 2015 US$ per US$ of GDP | -4.5% |
| 1998 | 0.997 constant 2015 US$ per US$ of GDP | +6.3% |
| 1999 | 0.8999 constant 2015 US$ per US$ of GDP | -9.7% |
| 2000 | 0.8726 constant 2015 US$ per US$ of GDP | -3.0% |
| 2001 | 0.9555 constant 2015 US$ per US$ of GDP | +9.5% |
| 2002 | 0.8691 constant 2015 US$ per US$ of GDP | -9.0% |
| 2003 | 0.7991 constant 2015 US$ per US$ of GDP | -8.1% |
| 2004 | 0.7839 constant 2015 US$ per US$ of GDP | -1.9% |
| 2005 | 0.7775 constant 2015 US$ per US$ of GDP | -0.8% |
| 2006 | 0.7555 constant 2015 US$ per US$ of GDP | -2.8% |
| 2007 | 0.6162 constant 2015 US$ per US$ of GDP | -18.4% |
| 2008 | 0.4715 constant 2015 US$ per US$ of GDP | -23.5% |
| 2009 | 0.4329 constant 2015 US$ per US$ of GDP | -8.2% |
| 2010 | 0.5343 constant 2015 US$ per US$ of GDP | +23.4% |
| 2011 | 0.5783 constant 2015 US$ per US$ of GDP | +8.2% |
| 2012 | 0.5964 constant 2015 US$ per US$ of GDP | +3.1% |
| 2013 | 0.554 constant 2015 US$ per US$ of GDP | -7.1% |
| 2014 | 0.5494 constant 2015 US$ per US$ of GDP | -0.8% |
| 2015 | 0.6378 constant 2015 US$ per US$ of GDP | +16.1% |
| 2016 | 0.6456 constant 2015 US$ per US$ of GDP | +1.2% |
| 2017 | 0.6467 constant 2015 US$ per US$ of GDP | +0.2% |
| 2018 | 0.6079 constant 2015 US$ per US$ of GDP | -6.0% |
| 2019 | 0.623 constant 2015 US$ per US$ of GDP | +2.5% |
| 2020 | 0.6108 constant 2015 US$ per US$ of GDP | -2.0% |
| 2021 | 0.6148 constant 2015 US$ per US$ of GDP | +0.7% |
| 2022 | 0.6789 constant 2015 US$ per US$ of GDP | +10.4% |
| 2023 | 0.5727 constant 2015 US$ per US$ of GDP | -15.6% |
| 2024 | 0.547 constant 2015 US$ per US$ of GDP | -4.5% |
| 2025 | 0.5233 constant 2015 US$ per US$ of GDP | -4.3% |
Latvia compared with similar countries
- Latvia's 0.5233 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.4035 constant 2015 US$ per US$ of GDP, 1.3× the median. (63 countries reporting)
- Latvia's 0.5233 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.4045 constant 2015 US$ per US$ of GDP, 1.3× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9237 constant 2015 US$ per US$ of GDP | 0.8015 constant 2015 US$ per US$ of GDP | 0.997 constant 2015 US$ per US$ of GDP | 5 |
| 2000s | 0.7334 constant 2015 US$ per US$ of GDP | 0.4329 constant 2015 US$ per US$ of GDP | 0.9555 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5973 constant 2015 US$ per US$ of GDP | 0.5343 constant 2015 US$ per US$ of GDP | 0.6467 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.5913 constant 2015 US$ per US$ of GDP | 0.5233 constant 2015 US$ per US$ of GDP | 0.6789 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 43 North Macedonia 0.536 constant 2015 US$ per US$ of GDP compare
- 44 Tonga 0.5345 constant 2015 US$ per US$ of GDP compare
- 45 Guam 0.5255 constant 2015 US$ per US$ of GDP compare
- 47 Nicaragua 0.511 constant 2015 US$ per US$ of GDP compare
- 48 Mauritania 0.5109 constant 2015 US$ per US$ of GDP compare
- 49 Montenegro 0.5032 constant 2015 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 of goods and services (constant 2015 us$), per unit of gdp in Latvia?
- Imports of goods and services (constant 2015 us$), per unit of gdp in Latvia was 0.5233 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.997 constant 2015 US$ per US$ of GDP in 1998.
- What is the lowest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.4329 constant 2015 US$ per US$ of GDP in 2009.
- How does Latvia rank for imports of goods and services (constant 2015 us$), per unit of gdp?
- Latvia ranks 46th out of 172 countries with data for 2025.
- Is imports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 18.0%. 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 of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.