Imports of goods and services (current US$), per unit of GDP (US unit) in Latvia
Latvia: Imports of goods and services (current US$), per unit of GDP (US unit) was 0.6715 current US$ per US$ of GDP in 2025. ▲ Rising
Imports of goods and services (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, imports of goods and services (current us$), per unit of gdp in Latvia stood at 0.6715 current US$ per US$ of GDP.
Compared with earlier readings it is up 1.1% on the previous year and up 5.3% over ten years.
Over the whole period, imports of goods and services (current us$), per unit of gdp in Latvia peaked at 0.8239 current US$ per US$ of GDP in 2022 and was at its lowest, 0.4057 current US$ per US$ of GDP, in 1995.
Latvia ranks 45th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Imports of goods and services (current US$), per unit of GDP (US unit) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.4057 current US$ per US$ of GDP | — |
| 1996 | 0.5092 current US$ per US$ of GDP | +25.5% |
| 1997 | 0.5011 current US$ per US$ of GDP | -1.6% |
| 1998 | 0.5273 current US$ per US$ of GDP | +5.2% |
| 1999 | 0.4612 current US$ per US$ of GDP | -12.5% |
| 2000 | 0.4589 current US$ per US$ of GDP | -0.5% |
| 2001 | 0.4938 current US$ per US$ of GDP | +7.6% |
| 2002 | 0.4822 current US$ per US$ of GDP | -2.3% |
| 2003 | 0.5084 current US$ per US$ of GDP | +5.4% |
| 2004 | 0.5661 current US$ per US$ of GDP | +11.3% |
| 2005 | 0.5971 current US$ per US$ of GDP | +5.5% |
| 2006 | 0.6374 current US$ per US$ of GDP | +6.7% |
| 2007 | 0.6049 current US$ per US$ of GDP | -5.1% |
| 2008 | 0.5453 current US$ per US$ of GDP | -9.9% |
| 2009 | 0.4544 current US$ per US$ of GDP | -16.7% |
| 2010 | 0.565 current US$ per US$ of GDP | +24.3% |
| 2011 | 0.6793 current US$ per US$ of GDP | +20.2% |
| 2012 | 0.6938 current US$ per US$ of GDP | +2.1% |
| 2013 | 0.671 current US$ per US$ of GDP | -3.3% |
| 2014 | 0.6647 current US$ per US$ of GDP | -0.9% |
| 2015 | 0.6378 current US$ per US$ of GDP | -4.0% |
| 2016 | 0.614 current US$ per US$ of GDP | -3.7% |
| 2017 | 0.6457 current US$ per US$ of GDP | +5.2% |
| 2018 | 0.6436 current US$ per US$ of GDP | -0.3% |
| 2019 | 0.6275 current US$ per US$ of GDP | -2.5% |
| 2020 | 0.6122 current US$ per US$ of GDP | -2.4% |
| 2021 | 0.6999 current US$ per US$ of GDP | +14.3% |
| 2022 | 0.8239 current US$ per US$ of GDP | +17.7% |
| 2023 | 0.6965 current US$ per US$ of GDP | -15.5% |
| 2024 | 0.6645 current US$ per US$ of GDP | -4.6% |
| 2025 | 0.6715 current US$ per US$ of GDP | +1.1% |
Latvia compared with similar countries
- Latvia's 0.6715 current US$ per US$ of GDP is above the median for high income countries, which is 0.5115 current US$ per US$ of GDP, 1.3× the median. (72 countries reporting)
- Latvia's 0.6715 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.5267 current US$ per US$ of GDP, 1.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4809 current US$ per US$ of GDP | 0.4057 current US$ per US$ of GDP | 0.5273 current US$ per US$ of GDP | 5 |
| 2000s | 0.5349 current US$ per US$ of GDP | 0.4544 current US$ per US$ of GDP | 0.6374 current US$ per US$ of GDP | 10 |
| 2010s | 0.6443 current US$ per US$ of GDP | 0.565 current US$ per US$ of GDP | 0.6938 current US$ per US$ of GDP | 10 |
| 2020s | 0.6948 current US$ per US$ of GDP | 0.6122 current US$ per US$ of GDP | 0.8239 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 42 Afghanistan 0.6806 current US$ per US$ of GDP compare
- 43 Cambodia 0.6744 current US$ per US$ of GDP compare
- 44 Thailand 0.6727 current US$ per US$ of GDP compare
- 46 Libya 0.6595 current US$ per US$ of GDP compare
- 47 Montenegro 0.6571 current US$ per US$ of GDP compare
- 48 Kyrgyzstan 0.656 current US$ 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 us$), per unit of gdp in Latvia?
- Imports of goods and services (current us$), per unit of gdp in Latvia was 0.6715 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.8239 current US$ per US$ of GDP in 2022.
- What is the lowest imports of goods and services (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.4057 current US$ per US$ of GDP in 1995.
- How does Latvia rank for imports of goods and services (current us$), per unit of gdp?
- Latvia ranks 45th out of 193 countries with data for 2025.
- Is imports of goods and services (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 5.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.