Services trade by broad economic categories in Latvia
Latvia: Services trade by broad economic categories was 1,863 Million euro in 2025. ▲ Rising
Services trade by broad economic categories in Latvia, 2013–2025
Source: Eurostat. Measured in Million euro.
Analysis
In 2025, services trade by broad economic categories in Latvia stood at 1,863 Million euro. That is the highest value across all 13 years on record.
The figure is up 4.7% on the previous year and up 105.0% over ten years.
Over the whole period, services trade by broad economic categories in Latvia peaked at 1,863 Million euro in 2025 and was at its lowest, 799 Million euro, in 2014.
That places Latvia 34th out of 35 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Services trade by broad economic categories in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2013 | 1,015 Million euro | — |
| 2014 | 799 Million euro | -21.3% |
| 2015 | 909 Million euro | +13.8% |
| 2016 | 1,001 Million euro | +10.1% |
| 2017 | 1,106 Million euro | +10.5% |
| 2018 | 1,247 Million euro | +12.7% |
| 2019 | 1,290 Million euro | +3.4% |
| 2020 | 1,027 Million euro | -20.4% |
| 2021 | 1,245 Million euro | +21.2% |
| 2022 | 1,667 Million euro | +33.9% |
| 2023 | 1,758 Million euro | +5.5% |
| 2024 | 1,780 Million euro | +1.3% |
| 2025 | 1,863 Million euro | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,052 Million euro | 799 Million euro | 1,290 Million euro | 7 |
| 2020s | 1,557 Million euro | 1,027 Million euro | 1,863 Million euro | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
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- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is services trade by broad economic categories in Latvia?
- Services trade by broad economic categories in Latvia was 1,863 Million euro in 2025, according to Eurostat.
- What is the highest services trade by broad economic categories recorded in Latvia?
- The highest recorded value was 1,863 Million euro in 2025.
- What is the lowest services trade by broad economic categories recorded in Latvia?
- The lowest recorded value was 799 Million euro in 2014.
- How does Latvia rank for services trade by broad economic categories?
- Latvia ranks 34th out of 35 countries with data for 2025.
- Is services trade by broad economic categories rising or falling in Latvia?
- Over the last ten years it is up 105.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Services trade by broad economic categories (BEC Rev.5). Statizoid updates them automatically from the source API.
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