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Imports of goods and services (current LCU), per unit of GDP in Latvia

Latvia: Imports of goods and services (current LCU), per unit of GDP was 0.5943 current LCU per US$ of GDP in 2025. ▲ Rising

Latest (2025)
0.5943 current LCU per US$ of GDP
Change on year
down 3.2%
World rank
165th
of 193 countries
All-time high
0.7824 current LCU per US$ of GDP
in 2022
All-time low
0.2845 current LCU per US$ of GDP
in 1995
Years of data
31
1995–2025

Imports of goods and services (current LCU), per unit of GDP in Latvia, 1995–2025

00.20.40.60.81995201020251995: 0.284 current LCU per US$ of GDP1996: 0.399 current LCU per US$ of GDP1997: 0.414 current LCU per US$ of GDP1998: 0.443 current LCU per US$ of GDP1999: 0.384 current LCU per US$ of GDP2000: 0.396 current LCU per US$ of GDP2001: 0.441 current LCU per US$ of GDP2002: 0.424 current LCU per US$ of GDP2003: 0.413 current LCU per US$ of GDP2004: 0.435 current LCU per US$ of GDP2005: 0.48 current LCU per US$ of GDP2006: 0.508 current LCU per US$ of GDP2007: 0.442 current LCU per US$ of GDP2008: 0.373 current LCU per US$ of GDP2009: 0.327 current LCU per US$ of GDP2010: 0.427 current LCU per US$ of GDP2011: 0.489 current LCU per US$ of GDP2012: 0.54 current LCU per US$ of GDP2013: 0.505 current LCU per US$ of GDP2014: 0.5 current LCU per US$ of GDP2015: 0.575 current LCU per US$ of GDP2016: 0.555 current LCU per US$ of GDP2017: 0.572 current LCU per US$ of GDP2018: 0.545 current LCU per US$ of GDP2019: 0.561 current LCU per US$ of GDP2020: 0.536 current LCU per US$ of GDP2021: 0.592 current LCU per US$ of GDP2022: 0.782 current LCU per US$ of GDP2023: 0.644 current LCU per US$ of GDP2024: 0.614 current LCU per US$ of GDP2025: 0.594 current LCU per US$ of GDP

Source: Statizoid (derived). Measured in current LCU per US$ of GDP.

Analysis

In 2025, imports of goods and services (current lcu), per unit of gdp in Latvia stood at 0.5943 current LCU per US$ of GDP.

Compared with earlier readings it is down 3.2% on the previous year and up 3.4% over ten years.

Over the whole period, imports of goods and services (current lcu), per unit of gdp in Latvia peaked at 0.7824 current LCU per US$ of GDP in 2022 and was at its lowest, 0.2845 current LCU per US$ of GDP, in 1995.

Latvia ranks 165th of 193 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 (current LCU), per unit of GDP in Latvia, year by year

Year current LCU per US$ of GDP Change
1995 0.2845 current LCU per US$ of GDP —
1996 0.399 current LCU per US$ of GDP +40.3%
1997 0.4142 current LCU per US$ of GDP +3.8%
1998 0.4426 current LCU per US$ of GDP +6.8%
1999 0.384 current LCU per US$ of GDP -13.2%
2000 0.396 current LCU per US$ of GDP +3.1%
2001 0.4412 current LCU per US$ of GDP +11.4%
2002 0.4242 current LCU per US$ of GDP -3.9%
2003 0.4134 current LCU per US$ of GDP -2.5%
2004 0.4352 current LCU per US$ of GDP +5.3%
2005 0.4798 current LCU per US$ of GDP +10.3%
2006 0.5083 current LCU per US$ of GDP +5.9%
2007 0.4423 current LCU per US$ of GDP -13.0%
2008 0.3731 current LCU per US$ of GDP -15.6%
2009 0.3269 current LCU per US$ of GDP -12.4%
2010 0.4266 current LCU per US$ of GDP +30.5%
2011 0.4887 current LCU per US$ of GDP +14.6%
2012 0.54 current LCU per US$ of GDP +10.5%
2013 0.5054 current LCU per US$ of GDP -6.4%
2014 0.5003 current LCU per US$ of GDP -1.0%
2015 0.5749 current LCU per US$ of GDP +14.9%
2016 0.5547 current LCU per US$ of GDP -3.5%
2017 0.5716 current LCU per US$ of GDP +3.0%
2018 0.545 current LCU per US$ of GDP -4.7%
2019 0.5606 current LCU per US$ of GDP +2.9%
2020 0.536 current LCU per US$ of GDP -4.4%
2021 0.5917 current LCU per US$ of GDP +10.4%
2022 0.7824 current LCU per US$ of GDP +32.2%
2023 0.6442 current LCU per US$ of GDP -17.7%
2024 0.6139 current LCU per US$ of GDP -4.7%
2025 0.5943 current LCU per US$ of GDP -3.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3849 current LCU per US$ of GDP 0.2845 current LCU per US$ of GDP 0.4426 current LCU per US$ of GDP 5
2000s 0.424 current LCU per US$ of GDP 0.3269 current LCU per US$ of GDP 0.5083 current LCU per US$ of GDP 10
2010s 0.5268 current LCU per US$ of GDP 0.4266 current LCU per US$ of GDP 0.5749 current LCU per US$ of GDP 10
2020s 0.6271 current LCU per US$ of GDP 0.536 current LCU per US$ of GDP 0.7824 current LCU per US$ of GDP 6

Countries ranked near Latvia

  1. 162 Azerbaijan 0.6257 current LCU per US$ of GDP compare
  2. 163 Netherlands 0.6146 current LCU per US$ of GDP compare
  3. 164 Lithuania 0.6117 current LCU per US$ of GDP compare
  4. 166 Montenegro 0.5815 current LCU per US$ of GDP compare
  5. 167 Switzerland 0.5745 current LCU per US$ of GDP compare
  6. 168 El Salvador 0.5611 current LCU per US$ of GDP compare

See the full ranking of 193 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is imports of goods and services (current lcu), per unit of gdp in Latvia?
Imports of goods and services (current lcu), per unit of gdp in Latvia was 0.5943 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Latvia?
The highest recorded value was 0.7824 current LCU per US$ of GDP in 2022.
What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Latvia?
The lowest recorded value was 0.2845 current LCU per US$ of GDP in 1995.
How does Latvia rank for imports of goods and services (current lcu), per unit of gdp?
Latvia ranks 165th out of 193 countries with data for 2025.
Is imports of goods and services (current lcu), per unit of gdp rising or falling in Latvia?
Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Imports of goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Imports of goods and services (current LCU), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/stat/imports-of-goods-and-services-current-lcu-per-unit-of-gdp/latvia/

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How this figure is calculated

Imports of goods and services (current 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 (current 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

Indicator
Imports of goods and services (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,037 data points, 1960–2025
Last refreshed

Imports of goods and services (current 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.