International trade in services — Air transport; Freight in Latvia
Latvia: International trade in services — Air transport; Freight was -16 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services — Air transport; Freight in Latvia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Latvia recorded -16 Euros, exchange rate converted for international trade in services — air transport; freight in 2024.
That represents a change of up 20.0% on the previous year and down 128.6% over ten years.
Over the whole period, international trade in services — air transport; freight in Latvia peaked at -2 Euros, exchange rate converted in 2011 and was at its lowest, -22 Euros, exchange rate converted, in 2022.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services — Air transport; Freight in Latvia, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2010 | -4 Euros, exchange rate converted | — |
| 2011 | -2 Euros, exchange rate converted | -50.0% |
| 2012 | -3 Euros, exchange rate converted | +50.0% |
| 2013 | -2 Euros, exchange rate converted | -33.3% |
| 2014 | -7 Euros, exchange rate converted | +250.0% |
| 2015 | -7 Euros, exchange rate converted | -0.0% |
| 2016 | -9 Euros, exchange rate converted | +28.6% |
| 2017 | -12 Euros, exchange rate converted | +33.3% |
| 2018 | -14 Euros, exchange rate converted | +16.7% |
| 2019 | -16 Euros, exchange rate converted | +14.3% |
| 2020 | -13 Euros, exchange rate converted | -18.8% |
| 2021 | -16 Euros, exchange rate converted | +23.1% |
| 2022 | -22 Euros, exchange rate converted | +37.5% |
| 2023 | -20 Euros, exchange rate converted | -9.1% |
| 2024 | -16 Euros, exchange rate converted | -20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -7.6 Euros, exchange rate converted | -16 Euros, exchange rate converted | -2 Euros, exchange rate converted | 10 |
| 2020s | -17.4 Euros, exchange rate converted | -22 Euros, exchange rate converted | -13 Euros, exchange rate converted | 5 |
Countries ranked near Latvia
- 3 Denmark 152.8 Euros, exchange rate converted compare
- 3 Slovenia 8.5 Euros, exchange rate converted compare
- 4 Lithuania -0.5 Euros, exchange rate converted compare
- 4 Sweden 94.1 Euros, exchange rate converted compare
- 5 Estonia -8 Euros, exchange rate converted compare
- 5 Iceland 65.7 Euros, exchange rate converted compare
- 6 Czechia 56.7 Euros, exchange rate converted compare
- 7 Romania 13.3 Euros, exchange rate converted compare
- 8 Belgium 9 Euros, exchange rate converted compare
- 9 Bulgaria 1.2 Euros, exchange rate converted compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is international trade in services — air transport; freight in Latvia?
- International trade in services — air transport; freight in Latvia was -16 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — air transport; freight recorded in Latvia?
- The highest recorded value was -2 Euros, exchange rate converted in 2011.
- What is the lowest international trade in services — air transport; freight recorded in Latvia?
- The lowest recorded value was -22 Euros, exchange rate converted in 2022.
- How does Latvia rank for international trade in services — air transport; freight?
- Latvia ranks 6th out of 7 countries with data for 2024.
- Is international trade in services — air transport; freight rising or falling in Latvia?
- Over the last ten years it is down 128.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services — Air transport; Freight. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd