Net errors and omissions (BoP, current US$), annual growth rate in Latvia

Latvia: Net errors and omissions (BoP, current US$), annual growth rate was -64.25 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-64.25 % change on previous year
Change on year
down 1,641.1%
World rank
139th
of 197 countries
All-time high
372.76 % change on previous year
in 2018
All-time low
-315.16 % change on previous year
in 1993
Years of data
29
1993–2025

Net errors and omissions (BoP, current US$), annual growth rate in Latvia, 1993–2025

-400-20002004001993200920251993: -315.2 % change on previous year1994: -172.8 % change on previous year1995: -28.3 % change on previous year1996: 92.9 % change on previous year1997: 287.1 % change on previous year1998: 12.2 % change on previous year1999: -60.7 % change on previous year2000: -252.3 % change on previous year2001: 97.2 % change on previous year2003: 80.7 % change on previous year2004: 86.7 % change on previous year2006: 145.8 % change on previous year2007: -263.2 % change on previous year2008: -155.8 % change on previous year2009: 176.5 % change on previous year2010: -4.7 % change on previous year2011: -51.1 % change on previous year2012: 170.3 % change on previous year2013: -30.7 % change on previous year2014: 118.9 % change on previous year2015: -100.4 % change on previous year2017: -165.3 % change on previous year2018: 372.8 % change on previous year2019: -91.5 % change on previous year2021: 49.4 % change on previous year2022: 56.7 % change on previous year2023: -21.1 % change on previous year2024: 4.2 % change on previous year2025: -64.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Latvia recorded -64.25 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2025.

That represents a change of down 1,641.1% on the previous year and up 36.0% over ten years.

Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Latvia peaked at 372.76 % change on previous year in 2018 and was at its lowest, -315.16 % change on previous year, in 1993.

That places Latvia 139th out of 197 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net errors and omissions (BoP, current US$), annual growth rate in Latvia, year by year

Annual values for Net errors and omissions (BoP, current US$), annual growth rate in Latvia, 1993 to 2025.
Year % change on previous year Change
1993 -315.16 % change on previous year
1994 -172.76 % change on previous year -45.2%
1995 -28.3 % change on previous year -83.6%
1996 92.9 % change on previous year -428.3%
1997 287.12 % change on previous year +209.0%
1998 12.23 % change on previous year -95.7%
1999 -60.66 % change on previous year -596.0%
2000 -252.27 % change on previous year +315.9%
2001 97.15 % change on previous year -138.5%
2003 80.75 % change on previous year -16.9%
2004 86.74 % change on previous year +7.4%
2006 145.77 % change on previous year +68.0%
2007 -263.23 % change on previous year -280.6%
2008 -155.82 % change on previous year -40.8%
2009 176.51 % change on previous year -213.3%
2010 -4.74 % change on previous year -102.7%
2011 -51.07 % change on previous year +977.6%
2012 170.25 % change on previous year -433.4%
2013 -30.66 % change on previous year -118.0%
2014 118.95 % change on previous year -488.0%
2015 -100.4 % change on previous year -184.4%
2017 -165.35 % change on previous year +64.7%
2018 372.76 % change on previous year -325.4%
2019 -91.48 % change on previous year -124.5%
2021 49.36 % change on previous year -154.0%
2022 56.74 % change on previous year +14.9%
2023 -21.15 % change on previous year -137.3%
2024 4.17 % change on previous year -119.7%
2025 -64.25 % change on previous year -1641.1%

Latvia compared with similar countries

  • Latvia's -64.25 % change on previous year is below the median for high income countries, which is -29.88 % change on previous year, 2.2× the median. (69 countries reporting)
  • Latvia's -64.25 % change on previous year is below the median for Europe & Central Asia, which is -43.12 % change on previous year, 1.5× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Net errors and omissions (BoP, current US$), annual growth rate in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2025 -1641.1% 4.17 % change on previous year -64.25 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -26.38 % change on previous year -315.16 % change on previous year 287.12 % change on previous year 7
2000s -10.55 % change on previous year -263.23 % change on previous year 176.51 % change on previous year 8
2010s 24.25 % change on previous year -165.35 % change on previous year 372.76 % change on previous year 9
2020s 4.97 % change on previous year -64.25 % change on previous year 56.74 % change on previous year 5

Countries ranked near Latvia

  1. 136 Fiji -59.4 % change on previous year compare
  2. 137 Ireland -59.78 % change on previous year compare
  3. 138 Uzbekistan -62.88 % change on previous year compare
  4. 140 Croatia -65.89 % change on previous year compare
  5. 141 Nauru -67.17 % change on previous year compare
  6. 142 Nigeria -67.69 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is net errors and omissions (bop, current us$), annual growth rate in Latvia?
Net errors and omissions (bop, current us$), annual growth rate in Latvia was -64.25 % change on previous year in 2025, according to Statizoid (derived).
What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Latvia?
The highest recorded value was 372.76 % change on previous year in 2018.
What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Latvia?
The lowest recorded value was -315.16 % change on previous year in 1993.
How does Latvia rank for net errors and omissions (bop, current us$), annual growth rate?
Latvia ranks 139th out of 197 countries with data for 2025.
Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Latvia?
Over the last ten years it is up 36.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Net errors and omissions (BoP, current US$), annual growth rate in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/net-errors-and-omissions-bop-current-us-annual-growth-rate/latvia/

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How this figure is calculated

The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Net errors and omissions (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,119 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.