Imports of goods and services (current LCU), per unit of GDP (LCU) in Latvia
Latvia: Imports of goods and services (current LCU), per unit of GDP (LCU) was 0.5943 current LCU per US$ of GDP in 2025. ▲ Rising
Imports of goods and services (current LCU), per unit of GDP in Latvia, 1995–2025
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 (LCU) 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% |
Latvia compared with similar countries
- Latvia's 0.5943 current LCU per US$ of GDP is below the median for high income countries, which is 0.8457 current LCU per US$ of GDP, 70% of the median. (72 countries reporting)
- Latvia's 0.5943 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 1.17 current LCU per US$ of GDP, 51% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 162 Azerbaijan 0.6257 current LCU per US$ of GDP compare
- 163 Netherlands 0.6146 current LCU per US$ of GDP compare
- 164 Lithuania 0.6117 current LCU per US$ of GDP compare
- 166 Montenegro 0.5815 current LCU per US$ of GDP compare
- 167 Switzerland 0.5745 current LCU per US$ of GDP compare
- 168 El Salvador 0.5611 current LCU per US$ of GDP compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
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.
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 (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
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.