Imports of goods and services in Latvia
Latvia: Imports of goods and services was 22.33 billion constant LCU in 2025. ▲ Rising
Imports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, imports of goods and services in Latvia stood at 22.33 billion constant LCU.
That represents a change of 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 22.64 billion constant LCU in 2022 and was at its lowest, 3.94 billion constant LCU, in 1995.
Latvia ranks 141st of 179 countries on this measure, in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 1995 | 3.94 billion constant LCU | — |
| 1996 | 5.00 billion constant LCU | +26.7% |
| 1997 | 5.23 billion constant LCU | +4.5% |
| 1998 | 6.10 billion constant LCU | +16.8% |
| 1999 | 5.78 billion constant LCU | -5.2% |
| 2000 | 5.94 billion constant LCU | +2.8% |
| 2001 | 6.87 billion constant LCU | +15.6% |
| 2002 | 7.05 billion constant LCU | +2.7% |
| 2003 | 7.89 billion constant LCU | +11.8% |
| 2004 | 9.51 billion constant LCU | +20.6% |
| 2005 | 11.13 billion constant LCU | +17.0% |
| 2006 | 13.55 billion constant LCU | +21.8% |
| 2007 | 15.91 billion constant LCU | +17.4% |
| 2008 | 14.12 billion constant LCU | -11.2% |
| 2009 | 9.76 billion constant LCU | -30.9% |
| 2010 | 11.00 billion constant LCU | +12.7% |
| 2011 | 13.49 billion constant LCU | +22.6% |
| 2012 | 14.19 billion constant LCU | +5.2% |
| 2013 | 14.17 billion constant LCU | -0.1% |
| 2014 | 14.60 billion constant LCU | +3.0% |
| 2015 | 14.75 billion constant LCU | +1.0% |
| 2016 | 15.36 billion constant LCU | +4.2% |
| 2017 | 16.68 billion constant LCU | +8.6% |
| 2018 | 17.74 billion constant LCU | +6.3% |
| 2019 | 18.10 billion constant LCU | +2.0% |
| 2020 | 17.89 billion constant LCU | -1.1% |
| 2021 | 20.60 billion constant LCU | +15.1% |
| 2022 | 22.64 billion constant LCU | +9.9% |
| 2023 | 21.50 billion constant LCU | -5.0% |
| 2024 | 21.12 billion constant LCU | -1.8% |
| 2025 | 22.33 billion constant LCU | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.21 billion constant LCU | 3.94 billion constant LCU | 6.10 billion constant LCU | 5 |
| 2000s | 10.17 billion constant LCU | 5.94 billion constant LCU | 15.91 billion constant LCU | 10 |
| 2010s | 15.01 billion constant LCU | 11.00 billion constant LCU | 18.10 billion constant LCU | 10 |
| 2020s | 21.01 billion constant LCU | 17.89 billion constant LCU | 22.64 billion constant LCU | 6 |
Countries ranked near Latvia
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 22.33 billion constant LCU 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 22.64 billion constant LCU in 2022.
- What is the lowest imports of goods and services recorded in Latvia?
- The lowest recorded value was 3.94 billion constant LCU in 1995.
- How does Latvia rank for imports of goods and services?
- Latvia ranks 141st out of 179 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 LCU). 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 varies by country. This series is expressed in local currency units.