Personal remittances, received (current US$), per unit of GDP in Latvia
Latvia: Personal remittances, received (current US$), per unit of GDP was 0.0297 current US$ per US$ of GDP in 2025. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Latvia, 1996–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 0.0297 current US$ per US$ of GDP for personal remittances, received (current us$), per unit of gdp in 2025.
The figure is down 2.4% on the previous year and down 41.5% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Latvia peaked at 0.0618 current US$ per US$ of GDP in 2009 and was at its lowest, 0.0066 current US$ per US$ of GDP, in 1999.
Latvia ranks 84th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.007 current US$ per US$ of GDP | — |
| 1997 | 0.0072 current US$ per US$ of GDP | +2.4% |
| 1998 | 0.0071 current US$ per US$ of GDP | -1.6% |
| 1999 | 0.0066 current US$ per US$ of GDP | -6.3% |
| 2000 | 0.0325 current US$ per US$ of GDP | +389.7% |
| 2001 | 0.0334 current US$ per US$ of GDP | +2.8% |
| 2002 | 0.0122 current US$ per US$ of GDP | -63.6% |
| 2003 | 0.014 current US$ per US$ of GDP | +15.1% |
| 2004 | 0.0158 current US$ per US$ of GDP | +12.8% |
| 2005 | 0.0232 current US$ per US$ of GDP | +47.1% |
| 2006 | 0.0235 current US$ per US$ of GDP | +1.1% |
| 2007 | 0.0187 current US$ per US$ of GDP | -20.4% |
| 2008 | 0.0563 current US$ per US$ of GDP | +200.7% |
| 2009 | 0.0618 current US$ per US$ of GDP | +9.8% |
| 2010 | 0.0536 current US$ per US$ of GDP | -13.2% |
| 2011 | 0.0567 current US$ per US$ of GDP | +5.7% |
| 2012 | 0.0553 current US$ per US$ of GDP | -2.5% |
| 2013 | 0.055 current US$ per US$ of GDP | -0.4% |
| 2014 | 0.0513 current US$ per US$ of GDP | -6.8% |
| 2015 | 0.0507 current US$ per US$ of GDP | -1.2% |
| 2016 | 0.0455 current US$ per US$ of GDP | -10.2% |
| 2017 | 0.0434 current US$ per US$ of GDP | -4.8% |
| 2018 | 0.0372 current US$ per US$ of GDP | -14.2% |
| 2019 | 0.0345 current US$ per US$ of GDP | -7.2% |
| 2020 | 0.0326 current US$ per US$ of GDP | -5.5% |
| 2021 | 0.0345 current US$ per US$ of GDP | +5.8% |
| 2022 | 0.0341 current US$ per US$ of GDP | -1.3% |
| 2023 | 0.0289 current US$ per US$ of GDP | -15.2% |
| 2024 | 0.0304 current US$ per US$ of GDP | +5.4% |
| 2025 | 0.0297 current US$ per US$ of GDP | -2.4% |
Latvia compared with similar countries
- Latvia's 0.0297 current US$ per US$ of GDP is above the median for high income countries, which is 0.007 current US$ per US$ of GDP, 4.2× the median. (69 countries reporting)
- Latvia's 0.0297 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0144 current US$ per US$ of GDP, 2.1× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per unit of GDP in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +389.7% | 0.0066 current US$ per US$ of GDP | 0.0325 current US$ per US$ of GDP |
| 2008 | +200.7% | 0.0187 current US$ per US$ of GDP | 0.0563 current US$ per US$ of GDP |
| 2002 | -63.6% | 0.0334 current US$ per US$ of GDP | 0.0122 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.007 current US$ per US$ of GDP | 0.0066 current US$ per US$ of GDP | 0.0072 current US$ per US$ of GDP | 4 |
| 2000s | 0.0291 current US$ per US$ of GDP | 0.0122 current US$ per US$ of GDP | 0.0618 current US$ per US$ of GDP | 10 |
| 2010s | 0.0483 current US$ per US$ of GDP | 0.0345 current US$ per US$ of GDP | 0.0567 current US$ per US$ of GDP | 10 |
| 2020s | 0.0317 current US$ per US$ of GDP | 0.0289 current US$ per US$ of GDP | 0.0345 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 81 Bhutan 0.0328 current US$ per US$ of GDP compare
- 82 Guyana 0.0322 current US$ per US$ of GDP compare
- 83 Paraguay 0.031 current US$ per US$ of GDP compare
- 85 Somalia 0.0295 current US$ per US$ of GDP
- 86 Sudan 0.029 current US$ per US$ of GDP compare
- 87 Colombia 0.0287 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, received (current us$), per unit of gdp in Latvia?
- Personal remittances, received (current us$), per unit of gdp in Latvia was 0.0297 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.0618 current US$ per US$ of GDP in 2009.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0066 current US$ per US$ of GDP in 1999.
- How does Latvia rank for personal remittances, received (current us$), per unit of gdp?
- Latvia ranks 84th out of 196 countries with data for 2025.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 41.5%. 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, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.