Personal remittances, received in Latvia
Latvia: Personal remittances, received was 3.06 in 2024. ◆ Volatile
Latest (2024)
3.06
Change on year
up 6.1%
World rank
21st
of 69 countries
All-time high
6.18
in 2009
All-time low
0.6636
in 1999
Years of data
29
1996–2024
Personal remittances, received in Latvia, 1996–2024
Source: UNICEF.
Analysis
The most recent figure for personal remittances, received in Latvia is 3.06, measured in 2024.
Compared with earlier readings it is up 6.1% on the previous year and down 40.3% over ten years.
Over the whole period, personal remittances, received in Latvia peaked at 6.18 in 2009 and was at its lowest, 0.6636, in 1999.
That places Latvia 21st out of 69 countries with data for 2024, 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, received in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.703 | — |
| 1997 | 0.7199 | +2.4% |
| 1998 | 0.7083 | -1.6% |
| 1999 | 0.6636 | -6.3% |
| 2000 | 3.25 | +389.7% |
| 2001 | 3.34 | +2.8% |
| 2002 | 1.22 | -63.6% |
| 2003 | 1.4 | +15.1% |
| 2004 | 1.58 | +12.8% |
| 2005 | 2.32 | +47.1% |
| 2006 | 2.35 | +1.1% |
| 2007 | 1.87 | -20.4% |
| 2008 | 5.63 | +200.7% |
| 2009 | 6.18 | +9.8% |
| 2010 | 5.36 | -13.2% |
| 2011 | 5.67 | +5.7% |
| 2012 | 5.53 | -2.5% |
| 2013 | 5.5 | -0.4% |
| 2014 | 5.13 | -6.8% |
| 2015 | 5.07 | -1.2% |
| 2016 | 4.55 | -10.2% |
| 2017 | 4.34 | -4.8% |
| 2018 | 3.72 | -14.2% |
| 2019 | 3.45 | -7.2% |
| 2020 | 3.26 | -5.5% |
| 2021 | 3.45 | +5.8% |
| 2022 | 3.41 | -1.3% |
| 2023 | 2.89 | -15.2% |
| 2024 | 3.06 | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6987 | 0.6636 | 0.7199 | 4 |
| 2000s | 2.91 | 1.22 | 6.18 | 10 |
| 2010s | 4.83 | 3.45 | 5.67 | 10 |
| 2020s | 3.21 | 2.89 | 3.45 | 5 |
Countries ranked near Latvia
- 18 Ukraine 6.29 compare
- 19 Palestine, State of 5.37 compare
- 20 Armenia 4.92 compare
- 22 North Macedonia 2.7 compare
- 23 Luxembourg 2.68 compare
- 24 Syrian Arab Republic 2.64 compare
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in Latvia?
- Personal remittances, received in Latvia was 3.06 in 2024, according to UNICEF.
- What is the highest personal remittances, received recorded in Latvia?
- The highest recorded value was 6.18 in 2009.
- What is the lowest personal remittances, received recorded in Latvia?
- The lowest recorded value was 0.6636 in 1999.
- How does Latvia rank for personal remittances, received?
- Latvia ranks 21st out of 69 countries with data for 2024.
- Is personal remittances, received rising or falling in Latvia?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from UNICEF, published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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