International trade in services in Latvia
Latvia: International trade in services was 286 Euros, exchange rate converted in 2024. ▲ Rising
International trade in services in Latvia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Latvia recorded 286 Euros, exchange rate converted for international trade in services in 2024. That is the highest value across all 15 years on record.
The figure is up 33.0% on the previous year and up 340.0% over ten years.
Over the whole period, international trade in services in Latvia peaked at 286 Euros, exchange rate converted in 2024 and was at its lowest, 65 Euros, exchange rate converted, in 2014.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 116 Euros, exchange rate converted | 65 Euros, exchange rate converted | 161 Euros, exchange rate converted | 10 |
| 2020s | 201.2 Euros, exchange rate converted | 153 Euros, exchange rate converted | 286 Euros, exchange rate converted | 5 |
Countries ranked near Latvia
- 2 Spain 21,084 Euros, exchange rate converted compare
- 3 France 20,469 Euros, exchange rate converted compare
- 4 Portugal 6,423 Euros, exchange rate converted compare
- 5 Greece 5,641 Euros, exchange rate converted compare
- 6 Germany 5,383 Euros, exchange rate converted compare
- 7 Italy 4,712 Euros, exchange rate converted compare
- 8 Czechia 2,204 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)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
- Balanced trade in services 1.98 US dollars, exchange rate converted (2024)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.41 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 11,326 US dollar (2022)
- Environmentally related tax revenue 2.48 Percentage of GDP (2024)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 52.21 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 49.68 Percentage of GDP (2019)
Frequently asked questions
- What is international trade in services in Latvia?
- International trade in services in Latvia was 286 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in Latvia?
- The highest recorded value was 286 Euros, exchange rate converted in 2024.
- What is the lowest international trade in services recorded in Latvia?
- The lowest recorded value was 65 Euros, exchange rate converted in 2014.
- How does Latvia rank for international trade in services?
- Latvia ranks 5th out of 7 groups with data for 2024.
- Is international trade in services rising or falling in Latvia?
- Over the last ten years it is up 340.0%. The long-run trend across the full record is rising.
- 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. Statizoid updates them automatically from the source API.
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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