Imports of goods and services in Latvia
Latvia: Imports of goods and services was 32.65 billion current US$ in 2025. ◆ Volatile
Imports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for imports of goods and services in Latvia is 32.65 billion current US$, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 11.7% on the previous year and up 94.3% over ten years.
Over the whole period, imports of goods and services in Latvia peaked at 32.65 billion current US$ in 2025 and was at its lowest, 2.28 billion current US$, in 1995.
Latvia ranks 80th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.28 billion current US$ | — |
| 1996 | 2.95 billion current US$ | +29.8% |
| 1997 | 3.18 billion current US$ | +7.7% |
| 1998 | 3.68 billion current US$ | +15.6% |
| 1999 | 3.38 billion current US$ | -8.1% |
| 2000 | 3.56 billion current US$ | +5.4% |
| 2001 | 4.04 billion current US$ | +13.6% |
| 2002 | 4.46 billion current US$ | +10.3% |
| 2003 | 5.72 billion current US$ | +28.2% |
| 2004 | 7.83 billion current US$ | +36.9% |
| 2005 | 9.74 billion current US$ | +24.4% |
| 2006 | 13.03 billion current US$ | +33.8% |
| 2007 | 17.80 billion current US$ | +36.6% |
| 2008 | 18.62 billion current US$ | +4.6% |
| 2009 | 11.67 billion current US$ | -37.3% |
| 2010 | 13.26 billion current US$ | +13.6% |
| 2011 | 18.05 billion current US$ | +36.2% |
| 2012 | 18.81 billion current US$ | +4.2% |
| 2013 | 19.56 billion current US$ | +4.0% |
| 2014 | 20.13 billion current US$ | +2.9% |
| 2015 | 16.80 billion current US$ | -16.5% |
| 2016 | 16.65 billion current US$ | -0.9% |
| 2017 | 18.98 billion current US$ | +14.0% |
| 2018 | 21.40 billion current US$ | +12.8% |
| 2019 | 20.77 billion current US$ | -2.9% |
| 2020 | 20.44 billion current US$ | -1.6% |
| 2021 | 26.72 billion current US$ | +30.8% |
| 2022 | 31.31 billion current US$ | +17.2% |
| 2023 | 29.80 billion current US$ | -4.8% |
| 2024 | 29.24 billion current US$ | -1.9% |
| 2025 | 32.65 billion current US$ | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.09 billion current US$ | 2.28 billion current US$ | 3.68 billion current US$ | 5 |
| 2000s | 9.65 billion current US$ | 3.56 billion current US$ | 18.62 billion current US$ | 10 |
| 2010s | 18.44 billion current US$ | 13.26 billion current US$ | 21.40 billion current US$ | 10 |
| 2020s | 28.36 billion current US$ | 20.44 billion current US$ | 32.65 billion current US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 14,960 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4253 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 11,190 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
Frequently asked questions
- What is imports of goods and services in Latvia?
- Imports of goods and services in Latvia was 32.65 billion current US$ 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 32.65 billion current US$ in 2025.
- What is the lowest imports of goods and services recorded in Latvia?
- The lowest recorded value was 2.28 billion current US$ in 1995.
- How does Latvia rank for imports of goods and services?
- Latvia ranks 80th out of 192 countries with data for 2025.
- Is imports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 94.3%. The long-run trend across the full record is volatile.
- 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.