Service exports (BoP, current US$), per unit of GDP in Latvia
Latvia: Service exports (BoP, current US$), per unit of GDP was 0.1918 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Service exports (BoP, current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, service exports (bop, current us$), per unit of gdp in Latvia stood at 0.1918 BoP, current US$ per US$ of GDP.
That represents a change of up 0.2% on the previous year and up 3.1% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Latvia peaked at 0.2043 BoP, current US$ per US$ of GDP in 1996 and was at its lowest, 0.1284 BoP, current US$ per US$ of GDP, in 1995.
Latvia ranks 57th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Service exports (BoP, current US$), per unit of GDP in Latvia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1284 BoP, current US$ per US$ of GDP | — |
| 1996 | 0.2043 BoP, current US$ per US$ of GDP | +59.2% |
| 1997 | 0.1799 BoP, current US$ per US$ of GDP | -11.9% |
| 1998 | 0.1738 BoP, current US$ per US$ of GDP | -3.4% |
| 1999 | 0.1605 BoP, current US$ per US$ of GDP | -7.7% |
| 2000 | 0.1317 BoP, current US$ per US$ of GDP | -17.9% |
| 2001 | 0.132 BoP, current US$ per US$ of GDP | +0.3% |
| 2002 | 0.1286 BoP, current US$ per US$ of GDP | -2.6% |
| 2003 | 0.1515 BoP, current US$ per US$ of GDP | +17.8% |
| 2004 | 0.1465 BoP, current US$ per US$ of GDP | -3.3% |
| 2005 | 0.1513 BoP, current US$ per US$ of GDP | +3.3% |
| 2006 | 0.1485 BoP, current US$ per US$ of GDP | -1.8% |
| 2007 | 0.1487 BoP, current US$ per US$ of GDP | +0.1% |
| 2008 | 0.1573 BoP, current US$ per US$ of GDP | +5.8% |
| 2009 | 0.1709 BoP, current US$ per US$ of GDP | +8.6% |
| 2010 | 0.172 BoP, current US$ per US$ of GDP | +0.6% |
| 2011 | 0.181 BoP, current US$ per US$ of GDP | +5.3% |
| 2012 | 0.1771 BoP, current US$ per US$ of GDP | -2.2% |
| 2013 | 0.1763 BoP, current US$ per US$ of GDP | -0.4% |
| 2014 | 0.1824 BoP, current US$ per US$ of GDP | +3.5% |
| 2015 | 0.1861 BoP, current US$ per US$ of GDP | +2.0% |
| 2016 | 0.1907 BoP, current US$ per US$ of GDP | +2.5% |
| 2017 | 0.195 BoP, current US$ per US$ of GDP | +2.2% |
| 2018 | 0.1923 BoP, current US$ per US$ of GDP | -1.4% |
| 2019 | 0.1936 BoP, current US$ per US$ of GDP | +0.7% |
| 2020 | 0.1664 BoP, current US$ per US$ of GDP | -14.0% |
| 2021 | 0.1653 BoP, current US$ per US$ of GDP | -0.7% |
| 2022 | 0.2001 BoP, current US$ per US$ of GDP | +21.1% |
| 2023 | 0.1899 BoP, current US$ per US$ of GDP | -5.1% |
| 2024 | 0.1914 BoP, current US$ per US$ of GDP | +0.8% |
| 2025 | 0.1918 BoP, current US$ per US$ of GDP | +0.2% |
Latvia compared with similar countries
- Latvia's 0.1918 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1868 BoP, current US$ per US$ of GDP, 1.0× the median. (72 countries reporting)
- Latvia's 0.1918 BoP, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1821 BoP, current US$ per US$ of GDP, 1.1× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +59.2% | 0.1284 BoP, current US$ per US$ of GDP | 0.2043 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1694 BoP, current US$ per US$ of GDP | 0.1284 BoP, current US$ per US$ of GDP | 0.2043 BoP, current US$ per US$ of GDP | 5 |
| 2000s | 0.1467 BoP, current US$ per US$ of GDP | 0.1286 BoP, current US$ per US$ of GDP | 0.1709 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1846 BoP, current US$ per US$ of GDP | 0.172 BoP, current US$ per US$ of GDP | 0.195 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1842 BoP, current US$ per US$ of GDP | 0.1653 BoP, current US$ per US$ of GDP | 0.2001 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 54 Portugal 0.1999 BoP, current US$ per US$ of GDP compare
- 55 Sweden 0.1971 BoP, current US$ per US$ of GDP compare
- 56 Slovenia 0.1918 BoP, current US$ per US$ of GDP compare
- 58 Switzerland 0.1873 BoP, current US$ per US$ of GDP compare
- 59 French Polynesia 0.1862 BoP, current US$ per US$ of GDP compare
- 60 North Macedonia 0.1859 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 service exports (bop, current us$), per unit of gdp in Latvia?
- Service exports (bop, current us$), per unit of gdp in Latvia was 0.1918 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.2043 BoP, current US$ per US$ of GDP in 1996.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1284 BoP, current US$ per US$ of GDP in 1995.
- How does Latvia rank for service exports (bop, current us$), per unit of gdp?
- Latvia ranks 57th out of 199 countries with data for 2025.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.