Secondary income, other sectors, payments (BoP, current US$), per in Latvia
Latvia: Secondary income, other sectors, payments (BoP, current US$), per was 7,834 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Latvia, 1993–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Latvia recorded 7,834 BoP, current US$ per square kilometre for secondary income, other sectors, payments (bop, current us$), per in 2023.
The figure is down 21.8% on the previous year and up 11.1% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Latvia peaked at 18,371 BoP, current US$ per square kilometre in 2007 and was at its lowest, 0.5625 BoP, current US$ per square kilometre, in 1993.
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.
Secondary income, other sectors, payments (BoP, current US$), per in Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1993 | 0.5625 BoP, current US$ per square kilometre | — |
| 1997 | 147.52 BoP, current US$ per square kilometre | +26128.5% |
| 1998 | 114.1 BoP, current US$ per square kilometre | -22.7% |
| 1999 | 228.2 BoP, current US$ per square kilometre | +100.0% |
| 2000 | 2,571 BoP, current US$ per square kilometre | +1026.8% |
| 2001 | 2,792 BoP, current US$ per square kilometre | +8.6% |
| 2002 | 3,530 BoP, current US$ per square kilometre | +26.4% |
| 2003 | 5,576 BoP, current US$ per square kilometre | +58.0% |
| 2004 | 6,457 BoP, current US$ per square kilometre | +15.8% |
| 2005 | 7,659 BoP, current US$ per square kilometre | +18.6% |
| 2006 | 14,883 BoP, current US$ per square kilometre | +94.3% |
| 2007 | 18,371 BoP, current US$ per square kilometre | +23.4% |
| 2008 | 15,228 BoP, current US$ per square kilometre | -17.1% |
| 2009 | 10,999 BoP, current US$ per square kilometre | -27.8% |
| 2010 | 5,953 BoP, current US$ per square kilometre | -45.9% |
| 2011 | 7,040 BoP, current US$ per square kilometre | +18.3% |
| 2012 | 6,338 BoP, current US$ per square kilometre | -10.0% |
| 2013 | 7,054 BoP, current US$ per square kilometre | +11.3% |
| 2014 | 5,781 BoP, current US$ per square kilometre | -18.1% |
| 2015 | 5,066 BoP, current US$ per square kilometre | -12.4% |
| 2016 | 5,107 BoP, current US$ per square kilometre | +0.8% |
| 2017 | 4,810 BoP, current US$ per square kilometre | -5.8% |
| 2018 | 5,367 BoP, current US$ per square kilometre | +11.6% |
| 2019 | 5,246 BoP, current US$ per square kilometre | -2.2% |
| 2020 | 4,245 BoP, current US$ per square kilometre | -19.1% |
| 2021 | 7,617 BoP, current US$ per square kilometre | +79.4% |
| 2022 | 10,019 BoP, current US$ per square kilometre | +31.5% |
| 2023 | 7,834 BoP, current US$ per square kilometre | -21.8% |
Latvia compared with similar countries
- Latvia's 7,834 BoP, current US$ per square kilometre is below the median for high income countries, which is 75,676 BoP, current US$ per square kilometre, 10% of the median. (72 countries reporting)
- Latvia's 7,834 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 18,045 BoP, current US$ per square kilometre, 43% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +26128.5% | 0.5625 BoP, current US$ per square kilometre | 147.52 BoP, current US$ per square kilometre |
| 2000 | +1026.8% | 228.2 BoP, current US$ per square kilometre | 2,571 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 122.6 BoP, current US$ per square kilometre | 0.5625 BoP, current US$ per square kilometre | 228.2 BoP, current US$ per square kilometre | 4 |
| 2000s | 8,807 BoP, current US$ per square kilometre | 2,571 BoP, current US$ per square kilometre | 18,371 BoP, current US$ per square kilometre | 10 |
| 2010s | 5,776 BoP, current US$ per square kilometre | 4,810 BoP, current US$ per square kilometre | 7,054 BoP, current US$ per square kilometre | 10 |
| 2020s | 7,429 BoP, current US$ per square kilometre | 4,245 BoP, current US$ per square kilometre | 10,019 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 81 Samoa 11,622 BoP, current US$ per square kilometre compare
- 82 Cape Verde 11,098 BoP, current US$ per square kilometre compare
- 83 Lithuania 10,552 BoP, current US$ per square kilometre compare
- 85 Finland 7,765 BoP, current US$ per square kilometre compare
- 86 Montenegro 7,701 BoP, current US$ per square kilometre compare
- 87 New Zealand 7,512 BoP, current US$ per square kilometre 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 secondary income, other sectors, payments (bop, current us$), per in Latvia?
- Secondary income, other sectors, payments (bop, current us$), per in Latvia was 7,834 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Latvia?
- The highest recorded value was 18,371 BoP, current US$ per square kilometre in 2007.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Latvia?
- The lowest recorded value was 0.5625 BoP, current US$ per square kilometre in 1993.
- How does Latvia rank for secondary income, other sectors, payments (bop, current us$), per?
- Latvia ranks 84th out of 196 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Latvia?
- Over the last ten years it is up 11.1%. 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 Secondary income, other sectors, payments (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.