Secondary income receipts in Latvia
Latvia: Secondary income receipts was 2.50 billion BoP, current US$ in 2025. ◆ Volatile
Secondary income receipts in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income receipts in Latvia is 2.50 billion BoP, current US$, measured in 2025. That is the highest value across all 34 years on record.
That represents a change of up 21.0% on the previous year and up 140.2% over ten years.
Over the whole period, secondary income receipts in Latvia peaked at 2.50 billion BoP, current US$ in 2025 and was at its lowest, 75.36 million BoP, current US$, in 1995.
That places Latvia 88th out of 198 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Latvia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1992 | 96.84 million BoP, current US$ | — |
| 1993 | 80.51 million BoP, current US$ | -16.9% |
| 1994 | 135.74 million BoP, current US$ | +68.6% |
| 1995 | 75.36 million BoP, current US$ | -44.5% |
| 1996 | 98.10 million BoP, current US$ | +30.2% |
| 1997 | 90.94 million BoP, current US$ | -7.3% |
| 1998 | 137.30 million BoP, current US$ | +51.0% |
| 1999 | 113.80 million BoP, current US$ | -17.1% |
| 2000 | 323.45 million BoP, current US$ | +184.2% |
| 2001 | 298.66 million BoP, current US$ | -7.7% |
| 2002 | 448.03 million BoP, current US$ | +50.0% |
| 2003 | 850.86 million BoP, current US$ | +89.9% |
| 2004 | 1.19 billion BoP, current US$ | +40.1% |
| 2005 | 1.23 billion BoP, current US$ | +2.8% |
| 2006 | 1.62 billion BoP, current US$ | +32.4% |
| 2007 | 1.82 billion BoP, current US$ | +12.3% |
| 2008 | 1.86 billion BoP, current US$ | +2.1% |
| 2009 | 1.69 billion BoP, current US$ | -9.4% |
| 2010 | 1.28 billion BoP, current US$ | -24.3% |
| 2011 | 1.43 billion BoP, current US$ | +11.9% |
| 2012 | 1.35 billion BoP, current US$ | -5.4% |
| 2013 | 1.44 billion BoP, current US$ | +6.6% |
| 2014 | 1.14 billion BoP, current US$ | -20.5% |
| 2015 | 1.04 billion BoP, current US$ | -9.3% |
| 2016 | 1.00 billion BoP, current US$ | -3.4% |
| 2017 | 1.22 billion BoP, current US$ | +21.5% |
| 2018 | 1.28 billion BoP, current US$ | +5.4% |
| 2019 | 1.19 billion BoP, current US$ | -7.3% |
| 2020 | 1.21 billion BoP, current US$ | +1.8% |
| 2021 | 1.38 billion BoP, current US$ | +13.6% |
| 2022 | 1.54 billion BoP, current US$ | +11.4% |
| 2023 | 1.96 billion BoP, current US$ | +27.8% |
| 2024 | 2.06 billion BoP, current US$ | +5.1% |
| 2025 | 2.50 billion BoP, current US$ | +21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 103.57 million BoP, current US$ | 75.36 million BoP, current US$ | 137.30 million BoP, current US$ | 8 |
| 2000s | 1.13 billion BoP, current US$ | 298.66 million BoP, current US$ | 1.86 billion BoP, current US$ | 10 |
| 2010s | 1.24 billion BoP, current US$ | 1.00 billion BoP, current US$ | 1.44 billion BoP, current US$ | 10 |
| 2020s | 1.77 billion BoP, current US$ | 1.21 billion BoP, current US$ | 2.50 billion BoP, current US$ | 6 |
Countries ranked near Latvia
- 85 Kazakhstan 2.66 billion BoP, current US$ compare
- 86 Hong Kong, China 2.65 billion BoP, current US$ compare
- 87 Afghanistan 2.52 billion BoP, current US$ compare
- 89 Kosovo 2.49 billion BoP, current US$ compare
- 90 Algeria 2.45 billion BoP, current US$ compare
- 91 Slovenia 2.43 billion BoP, current US$ compare
More economy & growth data for Latvia
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
Frequently asked questions
- What is secondary income receipts in Latvia?
- Secondary income receipts in Latvia was 2.50 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Latvia?
- The highest recorded value was 2.50 billion BoP, current US$ in 2025.
- What is the lowest secondary income receipts recorded in Latvia?
- The lowest recorded value was 75.36 million BoP, current US$ in 1995.
- How does Latvia rank for secondary income receipts?
- Latvia ranks 88th out of 198 countries with data for 2025.
- Is secondary income receipts rising or falling in Latvia?
- Over the last ten years it is up 140.2%. 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 Secondary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.