Imports of goods and services (constant LCU), per unit of GDP in Latvia
Latvia: Imports of goods and services (constant LCU), per unit of GDP was 0.4593 constant LCU per US$ of GDP in 2025. ▼ Falling
Imports of goods and services (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (constant lcu), per unit of gdp in Latvia is 0.4593 constant LCU per US$ of GDP, measured in 2025.
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 lcu), per unit of gdp in Latvia peaked at 0.8749 constant LCU per US$ of GDP in 1998 and was at its lowest, 0.3799 constant LCU per US$ of GDP, in 2009.
Latvia ranks 143rd of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.7033 constant LCU per US$ of GDP | — |
| 1996 | 0.8619 constant LCU per US$ of GDP | +22.6% |
| 1997 | 0.823 constant LCU per US$ of GDP | -4.5% |
| 1998 | 0.8749 constant LCU per US$ of GDP | +6.3% |
| 1999 | 0.7897 constant LCU per US$ of GDP | -9.7% |
| 2000 | 0.7658 constant LCU per US$ of GDP | -3.0% |
| 2001 | 0.8386 constant LCU per US$ of GDP | +9.5% |
| 2002 | 0.7627 constant LCU per US$ of GDP | -9.0% |
| 2003 | 0.7013 constant LCU per US$ of GDP | -8.1% |
| 2004 | 0.688 constant LCU per US$ of GDP | -1.9% |
| 2005 | 0.6824 constant LCU per US$ of GDP | -0.8% |
| 2006 | 0.663 constant LCU per US$ of GDP | -2.8% |
| 2007 | 0.5408 constant LCU per US$ of GDP | -18.4% |
| 2008 | 0.4138 constant LCU per US$ of GDP | -23.5% |
| 2009 | 0.3799 constant LCU per US$ of GDP | -8.2% |
| 2010 | 0.4689 constant LCU per US$ of GDP | +23.4% |
| 2011 | 0.5075 constant LCU per US$ of GDP | +8.2% |
| 2012 | 0.5234 constant LCU per US$ of GDP | +3.1% |
| 2013 | 0.4862 constant LCU per US$ of GDP | -7.1% |
| 2014 | 0.4822 constant LCU per US$ of GDP | -0.8% |
| 2015 | 0.5598 constant LCU per US$ of GDP | +16.1% |
| 2016 | 0.5666 constant LCU per US$ of GDP | +1.2% |
| 2017 | 0.5675 constant LCU per US$ of GDP | +0.2% |
| 2018 | 0.5334 constant LCU per US$ of GDP | -6.0% |
| 2019 | 0.5467 constant LCU per US$ of GDP | +2.5% |
| 2020 | 0.536 constant LCU per US$ of GDP | -2.0% |
| 2021 | 0.5395 constant LCU per US$ of GDP | +0.7% |
| 2022 | 0.5958 constant LCU per US$ of GDP | +10.4% |
| 2023 | 0.5026 constant LCU per US$ of GDP | -15.6% |
| 2024 | 0.48 constant LCU per US$ of GDP | -4.5% |
| 2025 | 0.4593 constant LCU per US$ of GDP | -4.3% |
Latvia compared with similar countries
- Latvia's 0.4593 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6447 constant LCU per US$ of GDP, 71% of the median. (63 countries reporting)
- Latvia's 0.4593 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7329 constant LCU per US$ of GDP, 63% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8106 constant LCU per US$ of GDP | 0.7033 constant LCU per US$ of GDP | 0.8749 constant LCU per US$ of GDP | 5 |
| 2000s | 0.6436 constant LCU per US$ of GDP | 0.3799 constant LCU per US$ of GDP | 0.8386 constant LCU per US$ of GDP | 10 |
| 2010s | 0.5242 constant LCU per US$ of GDP | 0.4689 constant LCU per US$ of GDP | 0.5675 constant LCU per US$ of GDP | 10 |
| 2020s | 0.5189 constant LCU per US$ of GDP | 0.4593 constant LCU per US$ of GDP | 0.5958 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 140 Kosovo 0.4651 constant LCU per US$ of GDP compare
- 140 Kosovo (UNSCR 1244) 0.4651 constant LCU per US$ of GDP compare
- 142 Libya 0.4608 constant LCU per US$ of GDP compare
- 144 El Salvador 0.4345 constant LCU per US$ of GDP compare
- 145 Montenegro 0.418 constant LCU per US$ of GDP compare
- 146 Panama 0.4168 constant LCU 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 lcu), per unit of gdp in Latvia?
- Imports of goods and services (constant lcu), per unit of gdp in Latvia was 0.4593 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.8749 constant LCU per US$ of GDP in 1998.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.3799 constant LCU per US$ of GDP in 2009.
- How does Latvia rank for imports of goods and services (constant lcu), per unit of gdp?
- Latvia ranks 143rd out of 179 countries with data for 2025.
- Is imports of goods and services (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.