Maritime goods short-sea shipping performed in the Exclusive Economic in Latvia
Latvia: Maritime goods short-sea shipping performed in the Exclusive Economic was 8,711 Million tonne-kilometre (TKM) in 2024. ▼ Falling
Maritime goods short-sea shipping performed in the Exclusive Economic in Latvia, 2005–2024
Source: Eurostat. Measured in Million tonne-kilometre (TKM).
Analysis
Latvia recorded 8,711 Million tonne-kilometre (TKM) for maritime goods short-sea shipping performed in the exclusive economic in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 2.0% on the previous year and down 56.4% over ten years.
Over the whole period, maritime goods short-sea shipping performed in the exclusive economic in Latvia peaked at 19,989 Million tonne-kilometre (TKM) in 2014 and was at its lowest, 8,711 Million tonne-kilometre (TKM), in 2024.
That places Latvia 25th out of 30 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Maritime goods short-sea shipping performed in the Exclusive Economic in Latvia, year by year
| Year | Million tonne-kilometre (TKM) | Change |
|---|---|---|
| 2005 | 10,989 Million tonne-kilometre (TKM) | — |
| 2006 | 13,133 Million tonne-kilometre (TKM) | +19.5% |
| 2007 | 14,008 Million tonne-kilometre (TKM) | +6.7% |
| 2008 | 15,437 Million tonne-kilometre (TKM) | +10.2% |
| 2009 | 14,993 Million tonne-kilometre (TKM) | -2.9% |
| 2010 | 14,777 Million tonne-kilometre (TKM) | -1.4% |
| 2011 | 16,586 Million tonne-kilometre (TKM) | +12.2% |
| 2012 | 18,994 Million tonne-kilometre (TKM) | +14.5% |
| 2013 | 19,112 Million tonne-kilometre (TKM) | +0.6% |
| 2014 | 19,989 Million tonne-kilometre (TKM) | +4.6% |
| 2015 | 18,846 Million tonne-kilometre (TKM) | -5.7% |
| 2016 | 17,622 Million tonne-kilometre (TKM) | -6.5% |
| 2017 | 16,740 Million tonne-kilometre (TKM) | -5.0% |
| 2018 | 18,211 Million tonne-kilometre (TKM) | +8.8% |
| 2019 | 16,667 Million tonne-kilometre (TKM) | -8.5% |
| 2020 | 12,972 Million tonne-kilometre (TKM) | -22.2% |
| 2021 | 12,377 Million tonne-kilometre (TKM) | -4.6% |
| 2022 | 11,764 Million tonne-kilometre (TKM) | -5.0% |
| 2023 | 8,892 Million tonne-kilometre (TKM) | -24.4% |
| 2024 | 8,711 Million tonne-kilometre (TKM) | -2.0% |
Latvia compared with similar countries
- Latvia's 8,711 Million tonne-kilometre (TKM) is below the median for Europe & Central Asia, which is 36,864 Million tonne-kilometre (TKM), 24% of the median. (22 countries reporting)
- Latvia's 8,711 Million tonne-kilometre (TKM) is below the median for high income countries, which is 28,820 Million tonne-kilometre (TKM), 30% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13,712 Million tonne-kilometre (TKM) | 10,989 Million tonne-kilometre (TKM) | 15,437 Million tonne-kilometre (TKM) | 5 |
| 2010s | 17,754 Million tonne-kilometre (TKM) | 14,777 Million tonne-kilometre (TKM) | 19,989 Million tonne-kilometre (TKM) | 10 |
| 2020s | 10,943 Million tonne-kilometre (TKM) | 8,711 Million tonne-kilometre (TKM) | 12,972 Million tonne-kilometre (TKM) | 5 |
Countries ranked near Latvia
- 22 Ireland 9,715 Million tonne-kilometre (TKM) compare
- 23 Malta 9,498 Million tonne-kilometre (TKM) compare
- 24 Romania 9,353 Million tonne-kilometre (TKM) compare
- 25 Latvia 8,711 Million tonne-kilometre (TKM) compare
- 27 Lithuania 3,108 Million tonne-kilometre (TKM) compare
- 27 Lithuania 3,108 Million tonne-kilometre (TKM) compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is maritime goods short-sea shipping performed in the exclusive economic in Latvia?
- Maritime goods short-sea shipping performed in the exclusive economic in Latvia was 8,711 Million tonne-kilometre (TKM) in 2024, according to Eurostat.
- What is the highest maritime goods short-sea shipping performed in the exclusive economic recorded in Latvia?
- The highest recorded value was 19,989 Million tonne-kilometre (TKM) in 2014.
- What is the lowest maritime goods short-sea shipping performed in the exclusive economic recorded in Latvia?
- The lowest recorded value was 8,711 Million tonne-kilometre (TKM) in 2024.
- How does Latvia rank for maritime goods short-sea shipping performed in the exclusive economic?
- Latvia ranks 25th out of 30 countries with data for 2024.
- Is maritime goods short-sea shipping performed in the exclusive economic rising or falling in Latvia?
- Over the last ten years it is down 56.4%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Maritime goods short-sea shipping performed in the Exclusive Economic Zone (EEZ) of the countries. Statizoid updates them automatically from the source API.
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