NAAG Chapter 3: Expenditure — Terms of trade in Latvia
Latvia: NAAG Chapter 3: Expenditure — Terms of trade was 100.35 Index in 2025. ▲ Rising
NAAG Chapter 3: Expenditure — Terms of trade in Latvia, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Latvia recorded 100.35 Index for naag chapter 3: expenditure — terms of trade in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 11.0% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in Latvia peaked at 100.35 Index in 2025 and was at its lowest, 84.2 Index, in 1997.
The long-run direction has been consistently rising across the 31 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in Latvia, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 91.75 Index | — |
| 1996 | 91.17 Index | -0.6% |
| 1997 | 84.2 Index | -7.6% |
| 1998 | 88.13 Index | +4.7% |
| 1999 | 91.15 Index | +3.4% |
| 2000 | 86.14 Index | -5.5% |
| 2001 | 87.55 Index | +1.6% |
| 2002 | 85.4 Index | -2.5% |
| 2003 | 86.93 Index | +1.8% |
| 2004 | 89.02 Index | +2.4% |
| 2005 | 88.03 Index | -1.1% |
| 2006 | 87.5 Index | -0.6% |
| 2007 | 91.49 Index | +4.6% |
| 2008 | 89.83 Index | -1.8% |
| 2009 | 90.08 Index | +0.3% |
| 2010 | 90.05 Index | -0.0% |
| 2011 | 92.8 Index | +3.0% |
| 2012 | 90.19 Index | -2.8% |
| 2013 | 90.7 Index | +0.6% |
| 2014 | 89.91 Index | -0.9% |
| 2015 | 90.43 Index | +0.6% |
| 2016 | 93.2 Index | +3.1% |
| 2017 | 93.61 Index | +0.4% |
| 2018 | 95.28 Index | +1.8% |
| 2019 | 98.18 Index | +3.0% |
| 2020 | 100 Index | +1.9% |
| 2021 | 98.45 Index | -1.6% |
| 2022 | 95.69 Index | -2.8% |
| 2023 | 98.43 Index | +2.9% |
| 2024 | 99.52 Index | +1.1% |
| 2025 | 100.35 Index | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 89.28 Index | 84.2 Index | 91.75 Index | 5 |
| 2000s | 88.2 Index | 85.4 Index | 91.49 Index | 10 |
| 2010s | 92.44 Index | 89.91 Index | 98.18 Index | 10 |
| 2020s | 98.74 Index | 95.69 Index | 100.35 Index | 6 |
Countries ranked near Latvia
- 1 Norway 139.67 Index compare
- 1 Estonia 106.56 Index compare
- 2 Slovenia 100.66 Index compare
- 2 Colombia 129.32 Index compare
- 3 Türkiye 100.63 Index compare
- 3 Chile 116.91 Index compare
- 4 Mexico 111.93 Index compare
- 5 Canada 108.47 Index compare
- 5 Netherlands 99.83 Index compare
- 6 Greece 107.8 Index compare
- 7 United States of America 107.3 Index 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) — B. Openess 0.0123 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)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in Latvia?
- Naag chapter 3: expenditure — terms of trade in Latvia was 100.35 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in Latvia?
- The highest recorded value was 100.35 Index in 2025.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in Latvia?
- The lowest recorded value was 84.2 Index in 1997.
- How does Latvia rank for naag chapter 3: expenditure — terms of trade?
- Latvia ranks 4th out of 9 countries with data for 2025.
- Is naag chapter 3: expenditure — terms of trade rising or falling in Latvia?
- Over the last ten years it is up 11.0%. 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 NAAG Chapter 3: Expenditure — Terms of trade. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.