Personal remittances, paid (current US$), per unit of GDP in Latvia
Latvia: Personal remittances, paid (current US$), per unit of GDP was 0.0138 current US$ per US$ of GDP in 2025. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, personal remittances, paid (current us$), per unit of gdp in Latvia stood at 0.0138 current US$ per US$ of GDP.
The figure is up 5.5% on the previous year and up 33.4% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Latvia peaked at 0.0232 current US$ per US$ of GDP in 2008 and was at its lowest, 0.0002 current US$ per US$ of GDP, in 1995.
That places Latvia 63rd out of 195 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.
Personal remittances, paid (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0002 current US$ per US$ of GDP | — |
| 1996 | 0.0004 current US$ per US$ of GDP | +69.3% |
| 1997 | 0.0007 current US$ per US$ of GDP | +93.8% |
| 1998 | 0.0011 current US$ per US$ of GDP | +52.4% |
| 1999 | 0.001 current US$ per US$ of GDP | -6.0% |
| 2000 | 0.0169 current US$ per US$ of GDP | +1532.9% |
| 2001 | 0.0174 current US$ per US$ of GDP | +2.6% |
| 2002 | 0.0004 current US$ per US$ of GDP | -97.7% |
| 2003 | 0.0004 current US$ per US$ of GDP | -1.5% |
| 2004 | 0.0006 current US$ per US$ of GDP | +56.4% |
| 2005 | 0.0011 current US$ per US$ of GDP | +69.1% |
| 2006 | 0.0012 current US$ per US$ of GDP | +15.7% |
| 2007 | 0.0014 current US$ per US$ of GDP | +13.8% |
| 2008 | 0.0232 current US$ per US$ of GDP | +1556.1% |
| 2009 | 0.0222 current US$ per US$ of GDP | -4.1% |
| 2010 | 0.0134 current US$ per US$ of GDP | -39.7% |
| 2011 | 0.0135 current US$ per US$ of GDP | +0.3% |
| 2012 | 0.0124 current US$ per US$ of GDP | -7.5% |
| 2013 | 0.0129 current US$ per US$ of GDP | +3.7% |
| 2014 | 0.0097 current US$ per US$ of GDP | -25.2% |
| 2015 | 0.0104 current US$ per US$ of GDP | +7.4% |
| 2016 | 0.0086 current US$ per US$ of GDP | -16.8% |
| 2017 | 0.0069 current US$ per US$ of GDP | -20.0% |
| 2018 | 0.0072 current US$ per US$ of GDP | +4.1% |
| 2019 | 0.0073 current US$ per US$ of GDP | +1.3% |
| 2020 | 0.0052 current US$ per US$ of GDP | -28.0% |
| 2021 | 0.0104 current US$ per US$ of GDP | +99.2% |
| 2022 | 0.0156 current US$ per US$ of GDP | +49.7% |
| 2023 | 0.0112 current US$ per US$ of GDP | -28.4% |
| 2024 | 0.0131 current US$ per US$ of GDP | +17.4% |
| 2025 | 0.0138 current US$ per US$ of GDP | +5.5% |
Latvia compared with similar countries
- Latvia's 0.0138 current US$ per US$ of GDP is above the median for high income countries, which is 0.0111 current US$ per US$ of GDP, 1.2× the median. (71 countries reporting)
- Latvia's 0.0138 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0085 current US$ per US$ of GDP, 1.6× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1556.1% | 0.0014 current US$ per US$ of GDP | 0.0232 current US$ per US$ of GDP |
| 2000 | +1532.9% | 0.001 current US$ per US$ of GDP | 0.0169 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0007 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.0011 current US$ per US$ of GDP | 5 |
| 2000s | 0.0085 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | 0.0232 current US$ per US$ of GDP | 10 |
| 2010s | 0.0102 current US$ per US$ of GDP | 0.0069 current US$ per US$ of GDP | 0.0135 current US$ per US$ of GDP | 10 |
| 2020s | 0.0116 current US$ per US$ of GDP | 0.0052 current US$ per US$ of GDP | 0.0156 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 60 Netherlands 0.0149 current US$ per US$ of GDP compare
- 61 Serbia 0.0147 current US$ per US$ of GDP compare
- 62 Jamaica 0.0142 current US$ per US$ of GDP compare
- 64 Belize 0.0138 current US$ per US$ of GDP compare
- 65 Faroe Islands 0.0137 current US$ per US$ of GDP compare
- 66 Togo 0.0135 current US$ per US$ of GDP 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 personal remittances, paid (current us$), per unit of gdp in Latvia?
- Personal remittances, paid (current us$), per unit of gdp in Latvia was 0.0138 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.0232 current US$ per US$ of GDP in 2008.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0002 current US$ per US$ of GDP in 1995.
- How does Latvia rank for personal remittances, paid (current us$), per unit of gdp?
- Latvia ranks 63rd out of 195 countries with data for 2025.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 33.4%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.