Imports of goods and services in Latvia
Latvia: Imports of goods and services was 25.44 billion constant 2015 US$ in 2025. ▲ Rising
Imports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Latvia recorded 25.44 billion constant 2015 US$ for imports of goods and services in 2025.
The figure is up 5.7% on the previous year and up 51.4% over ten years.
Over the whole period, imports of goods and services in Latvia peaked at 25.80 billion constant 2015 US$ in 2022 and was at its lowest, 4.49 billion constant 2015 US$, in 1995.
Latvia ranks 84th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Imports of goods and services in Latvia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 4.49 billion constant 2015 US$ | — |
| 1996 | 5.70 billion constant 2015 US$ | +26.7% |
| 1997 | 5.95 billion constant 2015 US$ | +4.5% |
| 1998 | 6.95 billion constant 2015 US$ | +16.8% |
| 1999 | 6.59 billion constant 2015 US$ | -5.2% |
| 2000 | 6.77 billion constant 2015 US$ | +2.8% |
| 2001 | 7.83 billion constant 2015 US$ | +15.6% |
| 2002 | 8.04 billion constant 2015 US$ | +2.7% |
| 2003 | 8.99 billion constant 2015 US$ | +11.8% |
| 2004 | 10.84 billion constant 2015 US$ | +20.6% |
| 2005 | 12.68 billion constant 2015 US$ | +17.0% |
| 2006 | 15.44 billion constant 2015 US$ | +21.8% |
| 2007 | 18.13 billion constant 2015 US$ | +17.4% |
| 2008 | 16.09 billion constant 2015 US$ | -11.2% |
| 2009 | 11.12 billion constant 2015 US$ | -30.9% |
| 2010 | 12.54 billion constant 2015 US$ | +12.7% |
| 2011 | 15.37 billion constant 2015 US$ | +22.6% |
| 2012 | 16.17 billion constant 2015 US$ | +5.2% |
| 2013 | 16.15 billion constant 2015 US$ | -0.1% |
| 2014 | 16.64 billion constant 2015 US$ | +3.0% |
| 2015 | 16.80 billion constant 2015 US$ | +1.0% |
| 2016 | 17.51 billion constant 2015 US$ | +4.2% |
| 2017 | 19.01 billion constant 2015 US$ | +8.6% |
| 2018 | 20.21 billion constant 2015 US$ | +6.3% |
| 2019 | 20.62 billion constant 2015 US$ | +2.0% |
| 2020 | 20.39 billion constant 2015 US$ | -1.1% |
| 2021 | 23.48 billion constant 2015 US$ | +15.1% |
| 2022 | 25.80 billion constant 2015 US$ | +9.9% |
| 2023 | 24.50 billion constant 2015 US$ | -5.0% |
| 2024 | 24.07 billion constant 2015 US$ | -1.8% |
| 2025 | 25.44 billion constant 2015 US$ | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.94 billion constant 2015 US$ | 4.49 billion constant 2015 US$ | 6.95 billion constant 2015 US$ | 5 |
| 2000s | 11.59 billion constant 2015 US$ | 6.77 billion constant 2015 US$ | 18.13 billion constant 2015 US$ | 10 |
| 2010s | 17.10 billion constant 2015 US$ | 12.54 billion constant 2015 US$ | 20.62 billion constant 2015 US$ | 10 |
| 2020s | 23.95 billion constant 2015 US$ | 20.39 billion constant 2015 US$ | 25.80 billion constant 2015 US$ | 6 |
Countries ranked near Latvia
- 81 Sri Lanka 25.61 billion constant 2015 US$ compare
- 82 Côte d'Ivoire 25.53 billion constant 2015 US$ compare
- 83 Ethiopia 25.50 billion constant 2015 US$ compare
- 85 Malta 22.87 billion constant 2015 US$ compare
- 86 Macau, China 22.55 billion constant 2015 US$ compare
- 87 Paraguay 19.72 billion constant 2015 US$ compare
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Latvia?
- Imports of goods and services in Latvia was 25.44 billion constant 2015 US$ 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 25.80 billion constant 2015 US$ in 2022.
- What is the lowest imports of goods and services recorded in Latvia?
- The lowest recorded value was 4.49 billion constant 2015 US$ in 1995.
- How does Latvia rank for imports of goods and services?
- Latvia ranks 84th out of 172 countries with data for 2025.
- Is imports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.