Net primary income (BoP, current US$) in Latvia
Latvia: Net primary income (BoP, current US$) was -463.35 million BoP, current US$ in 2025. ◆ Volatile
Net primary income in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net primary income in Latvia is -463.35 million BoP, current US$, measured in 2025.
Compared with earlier readings it is up 49.7% on the previous year and down 230.5% over ten years.
Over the whole period, net primary income in Latvia peaked at 1.60 billion BoP, current US$ in 2009 and was at its lowest, -1.19 billion BoP, current US$, in 2007.
That places Latvia 101st out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Latvia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1992 | 1.50 million BoP, current US$ | — |
| 1993 | 7.22 million BoP, current US$ | +381.0% |
| 1994 | 8.60 million BoP, current US$ | +19.2% |
| 1995 | 18.59 million BoP, current US$ | +116.1% |
| 1996 | 41.17 million BoP, current US$ | +121.5% |
| 1997 | 54.91 million BoP, current US$ | +33.4% |
| 1998 | 53.40 million BoP, current US$ | -2.8% |
| 1999 | -55.80 million BoP, current US$ | -204.5% |
| 2000 | -11.28 million BoP, current US$ | -79.8% |
| 2001 | 26.80 million BoP, current US$ | -337.7% |
| 2002 | 28.84 million BoP, current US$ | +7.6% |
| 2003 | -33.05 million BoP, current US$ | -214.6% |
| 2004 | -285.72 million BoP, current US$ | +764.5% |
| 2005 | -169.24 million BoP, current US$ | -40.8% |
| 2006 | -609.61 million BoP, current US$ | +260.2% |
| 2007 | -1.19 billion BoP, current US$ | +95.4% |
| 2008 | -883.27 million BoP, current US$ | -25.9% |
| 2009 | 1.60 billion BoP, current US$ | -281.1% |
| 2010 | 198.87 million BoP, current US$ | -87.6% |
| 2011 | -30.56 million BoP, current US$ | -115.4% |
| 2012 | -167.68 million BoP, current US$ | +448.8% |
| 2013 | -102.75 million BoP, current US$ | -38.7% |
| 2014 | 20.68 million BoP, current US$ | -120.1% |
| 2015 | -140.21 million BoP, current US$ | -778.0% |
| 2016 | -44.56 million BoP, current US$ | -68.2% |
| 2017 | -73.44 million BoP, current US$ | +64.8% |
| 2018 | -617.27 million BoP, current US$ | +740.5% |
| 2019 | -534.01 million BoP, current US$ | -13.5% |
| 2020 | -28.59 million BoP, current US$ | -94.6% |
| 2021 | -745.66 million BoP, current US$ | +2507.8% |
| 2022 | -697.48 million BoP, current US$ | -6.5% |
| 2023 | -1.02 billion BoP, current US$ | +46.9% |
| 2024 | -920.89 million BoP, current US$ | -10.2% |
| 2025 | -463.35 million BoP, current US$ | -49.7% |
Latvia compared with similar countries
- Latvia's -463.35 million BoP, current US$ is above the median for high income countries, which is -477.76 million BoP, current US$, 97% of the median. (72 countries reporting)
- Latvia's -463.35 million BoP, current US$ is above the median for Europe & Central Asia, which is -918.06 million BoP, current US$, 50% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -2507.8% | -28.59 million BoP, current US$ | -745.66 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.20 million BoP, current US$ | -55.80 million BoP, current US$ | 54.91 million BoP, current US$ | 8 |
| 2000s | -152.84 million BoP, current US$ | -1.19 billion BoP, current US$ | 1.60 billion BoP, current US$ | 10 |
| 2010s | -149.09 million BoP, current US$ | -617.27 million BoP, current US$ | 198.87 million BoP, current US$ | 10 |
| 2020s | -646.81 million BoP, current US$ | -1.02 billion BoP, current US$ | -28.59 million BoP, current US$ | 6 |
Countries ranked near Latvia
- 98 Madagascar -419.06 million BoP, current US$ compare
- 99 Eswatini -419.14 million BoP, current US$ compare
- 100 Estonia -443.42 million BoP, current US$ compare
- 102 Zimbabwe -478.14 million BoP, current US$ compare
- 103 Slovenia -492.18 million BoP, current US$ compare
- 104 Trinidad and Tobago -728.67 million BoP, current US$ compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is net primary income in Latvia?
- Net primary income in Latvia was -463.35 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Latvia?
- The highest recorded value was 1.60 billion BoP, current US$ in 2009.
- What is the lowest net primary income recorded in Latvia?
- The lowest recorded value was -1.19 billion BoP, current US$ in 2007.
- How does Latvia rank for net primary income?
- Latvia ranks 101st out of 200 countries with data for 2025.
- Is net primary income rising or falling in Latvia?
- Over the last ten years it is down 230.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.