Secondary income, other sectors, payments (BoP, current US$), per in Latvia
Latvia: Secondary income, other sectors, payments (BoP, current US$), per was 0.0171 BoP, current US$ per US$ of GDP in 2025. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Latvia, 1997–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, secondary income, other sectors, payments (bop, current us$), per in Latvia stood at 0.0171 BoP, current US$ per US$ of GDP.
That represents a change of up 29.3% on the previous year and up 42.5% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Latvia peaked at 0.0453 BoP, current US$ per US$ of GDP in 2006 and was at its lowest, 0.001 BoP, current US$ per US$ of GDP, in 1998.
Latvia ranks 72nd of 197 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 US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0014 BoP, current US$ per US$ of GDP | — |
| 1998 | 0.001 BoP, current US$ per US$ of GDP | -29.6% |
| 1999 | 0.0019 BoP, current US$ per US$ of GDP | +90.4% |
| 2000 | 0.0206 BoP, current US$ per US$ of GDP | +963.3% |
| 2001 | 0.0212 BoP, current US$ per US$ of GDP | +2.9% |
| 2002 | 0.0237 BoP, current US$ per US$ of GDP | +12.0% |
| 2003 | 0.0309 BoP, current US$ per US$ of GDP | +29.9% |
| 2004 | 0.0291 BoP, current US$ per US$ of GDP | -5.8% |
| 2005 | 0.0292 BoP, current US$ per US$ of GDP | +0.6% |
| 2006 | 0.0453 BoP, current US$ per US$ of GDP | +55.1% |
| 2007 | 0.0389 BoP, current US$ per US$ of GDP | -14.3% |
| 2008 | 0.0278 BoP, current US$ per US$ of GDP | -28.6% |
| 2009 | 0.0266 BoP, current US$ per US$ of GDP | -4.0% |
| 2010 | 0.0158 BoP, current US$ per US$ of GDP | -40.8% |
| 2011 | 0.0165 BoP, current US$ per US$ of GDP | +4.4% |
| 2012 | 0.0145 BoP, current US$ per US$ of GDP | -11.8% |
| 2013 | 0.0151 BoP, current US$ per US$ of GDP | +3.5% |
| 2014 | 0.0119 BoP, current US$ per US$ of GDP | -21.1% |
| 2015 | 0.012 BoP, current US$ per US$ of GDP | +0.7% |
| 2016 | 0.0117 BoP, current US$ per US$ of GDP | -2.1% |
| 2017 | 0.0102 BoP, current US$ per US$ of GDP | -13.1% |
| 2018 | 0.01 BoP, current US$ per US$ of GDP | -1.4% |
| 2019 | 0.0099 BoP, current US$ per US$ of GDP | -1.8% |
| 2020 | 0.0079 BoP, current US$ per US$ of GDP | -19.8% |
| 2021 | 0.0124 BoP, current US$ per US$ of GDP | +56.9% |
| 2022 | 0.0164 BoP, current US$ per US$ of GDP | +32.2% |
| 2023 | 0.0114 BoP, current US$ per US$ of GDP | -30.5% |
| 2024 | 0.0132 BoP, current US$ per US$ of GDP | +15.7% |
| 2025 | 0.0171 BoP, current US$ per US$ of GDP | +29.3% |
Latvia compared with similar countries
- Latvia's 0.0171 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.0169 BoP, current US$ per US$ of GDP, 1.0× the median. (72 countries reporting)
- Latvia's 0.0171 BoP, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0128 BoP, current US$ per US$ of GDP, 1.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +963.3% | 0.0019 BoP, current US$ per US$ of GDP | 0.0206 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0015 BoP, current US$ per US$ of GDP | 0.001 BoP, current US$ per US$ of GDP | 0.0019 BoP, current US$ per US$ of GDP | 3 |
| 2000s | 0.0293 BoP, current US$ per US$ of GDP | 0.0206 BoP, current US$ per US$ of GDP | 0.0453 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0128 BoP, current US$ per US$ of GDP | 0.0099 BoP, current US$ per US$ of GDP | 0.0165 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0131 BoP, current US$ per US$ of GDP | 0.0079 BoP, current US$ per US$ of GDP | 0.0171 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 69 Portugal 0.0174 BoP, current US$ per US$ of GDP compare
- 70 Cape Verde 0.0172 BoP, current US$ per US$ of GDP compare
- 71 Malawi 0.0172 BoP, current US$ per US$ of GDP compare
- 73 Afghanistan 0.017 BoP, current US$ per US$ of GDP compare
- 74 Spain 0.0167 BoP, current US$ per US$ of GDP compare
- 75 Japan 0.0162 BoP, 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 secondary income, other sectors, payments (bop, current us$), per in Latvia?
- Secondary income, other sectors, payments (bop, current us$), per in Latvia was 0.0171 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Latvia?
- The highest recorded value was 0.0453 BoP, current US$ per US$ of GDP in 2006.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Latvia?
- The lowest recorded value was 0.001 BoP, current US$ per US$ of GDP in 1998.
- How does Latvia rank for secondary income, other sectors, payments (bop, current us$), per?
- Latvia ranks 72nd out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Latvia?
- Over the last ten years it is up 42.5%. 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 Secondary income, other sectors, payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.