Transport services in Latvia
Latvia: Transport services was 28.4% in 2025. ▼ Falling
Transport services in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, transport services in Latvia stood at 28.4%. That is the lowest value across all 26 years on record.
The figure is down 10.7% on the previous year and down 35.2% over ten years.
Over the whole period, transport services in Latvia peaked at 94.7% in 1992 and was at its lowest, 28.4%, in 2025.
Latvia ranks 46th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Transport services in Latvia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1992 | 94.7% | — |
| 1993 | 79.7% | -15.9% |
| 1994 | 91.4% | +14.7% |
| 1995 | 91.6% | +0.2% |
| 1996 | 59.6% | -34.9% |
| 1997 | 62.7% | +5.2% |
| 1998 | 60.0% | -4.3% |
| 1999 | 60.6% | +1.0% |
| 2008 | 43.2% | -28.7% |
| 2009 | 44.6% | +3.1% |
| 2010 | 45.3% | +1.7% |
| 2011 | 46.8% | +3.3% |
| 2012 | 47.9% | +2.3% |
| 2013 | 43.4% | -9.2% |
| 2014 | 44.9% | +3.3% |
| 2015 | 43.8% | -2.5% |
| 2016 | 40.9% | -6.4% |
| 2017 | 40.9% | -0.0% |
| 2018 | 39.2% | -4.2% |
| 2019 | 37.4% | -4.6% |
| 2020 | 29.5% | -21.3% |
| 2021 | 29.9% | +1.5% |
| 2022 | 32.1% | +7.5% |
| 2023 | 31.7% | -1.2% |
| 2024 | 31.8% | +0.1% |
| 2025 | 28.4% | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 75.0% | 59.6% | 94.7% | 8 |
| 2000s | 43.9% | 43.2% | 44.6% | 2 |
| 2010s | 43.1% | 37.4% | 47.9% | 10 |
| 2020s | 30.6% | 28.4% | 32.1% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is transport services in Latvia?
- Transport services in Latvia was 28.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Latvia?
- The highest recorded value was 94.7% in 1992.
- What is the lowest transport services recorded in Latvia?
- The lowest recorded value was 28.4% in 2025.
- How does Latvia rank for transport services?
- Latvia ranks 46th out of 198 countries with data for 2025.
- Is transport services rising or falling in Latvia?
- Over the last ten years it is down 35.2%. The long-run trend across the full record is falling.
- 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.