Primary income payments in Latvia
Latvia: Primary income payments was 3.61 billion BoP, current US$ in 2025. β Volatile
Primary income payments in Latvia, 1992β2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Latvia is 3.61 billion BoP, current US$, measured in 2025.
The figure is down 12.9% on the previous year and up 121.3% over ten years.
Over the whole period, primary income payments in Latvia peaked at 4.15 billion BoP, current US$ in 2024 and was at its lowest, -154.28 million BoP, current US$, in 2009.
That places Latvia 89th out of 198 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 86.85 million BoP, current US$ | 1.03 million BoP, current US$ | 213.60 million BoP, current US$ | 8 |
| 2000s | 960.99 million BoP, current US$ | -154.28 million BoP, current US$ | 2.74 billion BoP, current US$ | 10 |
| 2010s | 1.74 billion BoP, current US$ | 1.06 billion BoP, current US$ | 2.32 billion BoP, current US$ | 10 |
| 2020s | 3.07 billion BoP, current US$ | 1.51 billion BoP, current US$ | 4.15 billion BoP, current US$ | 6 |
Countries ranked near Latvia
- 86 Belarus 3.87 billion BoP, current US$ compare
- 87 Democratic Republic of Congo 3.76 billion BoP, current US$ compare
- 88 Honduras 3.62 billion BoP, current US$ compare
- 90 Jordan 3.34 billion BoP, current US$ compare
- 91 Iraq 3.30 billion BoP, current US$ compare
- 92 Mongolia 3.23 billion BoP, current US$ compare
More economy & growth data for Latvia
- External balance on goods and services as a percent of gdp -4.58 (2025)
- Inflation of consumer prices 3.75 (2025)
- Gdp per capita worldbank constant usd 16,892 (2025)
- Manufacturing value added to gdp 9.99 (2025)
- Gdp worldbank constant usd 31.21 billion (2025)
- Gdp per capita in international and market dollars 16,892 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is primary income payments in Latvia?
- Primary income payments in Latvia was 3.61 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Latvia?
- The highest recorded value was 4.15 billion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Latvia?
- The lowest recorded value was -154.28 million BoP, current US$ in 2009.
- How does Latvia rank for primary income payments?
- Latvia ranks 89th out of 198 countries with data for 2025.
- Is primary income payments rising or falling in Latvia?
- Over the last ten years it is up 121.3%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.