Terms of trade adjustment (constant LCU), annual growth rate in Latvia
Latvia: Terms of trade adjustment (constant LCU), annual growth rate was 173.07 % change on previous year in 2025. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, terms of trade adjustment (constant lcu), annual growth rate in Latvia stood at 173.07 % change on previous year. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 150.1% on the previous year and up 7,617.8% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Latvia peaked at 173.07 % change on previous year in 2025 and was at its lowest, -209.33 % change on previous year, in 2022.
That places Latvia 11th out of 178 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -26.95 % change on previous year | — |
| 1997 | -101.72 % change on previous year | +277.5% |
| 1998 | 21.32 % change on previous year | -121.0% |
| 1999 | 30.17 % change on previous year | +41.5% |
| 2000 | -79.08 % change on previous year | -362.1% |
| 2001 | 2.42 % change on previous year | -103.1% |
| 2002 | -23.05 % change on previous year | -1052.9% |
| 2003 | 6.74 % change on previous year | -129.3% |
| 2004 | 4.35 % change on previous year | -35.5% |
| 2005 | -34.77 % change on previous year | -899.3% |
| 2006 | -12.21 % change on previous year | -64.9% |
| 2007 | 22.39 % change on previous year | -283.3% |
| 2008 | -22.39 % change on previous year | -200.0% |
| 2009 | 15.13 % change on previous year | -167.6% |
| 2010 | -13.91 % change on previous year | -191.9% |
| 2011 | 18.54 % change on previous year | -233.3% |
| 2012 | -49.12 % change on previous year | -364.9% |
| 2013 | 4.62 % change on previous year | -109.4% |
| 2014 | -15.62 % change on previous year | -438.5% |
| 2015 | 2.24 % change on previous year | -114.4% |
| 2016 | 26.21 % change on previous year | +1069.0% |
| 2017 | -0.1221 % change on previous year | -100.5% |
| 2018 | 22.92 % change on previous year | -18867.5% |
| 2019 | 61.73 % change on previous year | +169.3% |
| 2020 | 100 % change on previous year | +62.0% |
| 2022 | -209.33 % change on previous year | -309.3% |
| 2023 | 66.12 % change on previous year | -131.6% |
| 2024 | 69.2 % change on previous year | +4.7% |
| 2025 | 173.07 % change on previous year | +150.1% |
Latvia compared with similar countries
- Latvia's 173.07 % change on previous year is above the median for high income countries, which is 12.48 % change on previous year, 13.9× the median. (63 countries reporting)
- Latvia's 173.07 % change on previous year is above the median for Europe & Central Asia, which is 19.41 % change on previous year, 8.9× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2018 | +18867.5% | -0.1221 % change on previous year | 22.92 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -19.3 % change on previous year | -101.72 % change on previous year | 30.17 % change on previous year | 4 |
| 2000s | -12.05 % change on previous year | -79.08 % change on previous year | 22.39 % change on previous year | 10 |
| 2010s | 5.75 % change on previous year | -49.12 % change on previous year | 61.73 % change on previous year | 10 |
| 2020s | 39.81 % change on previous year | -209.33 % change on previous year | 173.07 % change on previous year | 5 |
Countries ranked near Latvia
- 8 Paraguay 197.37 % change on previous year compare
- 9 Ghana 196.51 % change on previous year compare
- 10 Laos 189.46 % change on previous year compare
- 12 Niger 164.42 % change on previous year compare
- 13 Malaysia 145.75 % change on previous year compare
- 14 San Marino 144.58 % change on previous year 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 terms of trade adjustment (constant lcu), annual growth rate in Latvia?
- Terms of trade adjustment (constant lcu), annual growth rate in Latvia was 173.07 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 173.07 % change on previous year in 2025.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -209.33 % change on previous year in 2022.
- How does Latvia rank for terms of trade adjustment (constant lcu), annual growth rate?
- Latvia ranks 11th out of 178 countries with data for 2025.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 7,617.8%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment 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
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.