Transport services in Latvia

Latvia: Transport services was 23.0% in 2025. ▼ Falling

Latest (2025)
23.0%
Change on year
down 5.4%
World rank
132nd
of 197 countries
All-time high
63.6%
in 1993
All-time low
23.0%
in 2025
Years of data
26
1992–2025

Transport services in Latvia, 1992–2025

02040601992200820251992: 63.2 % of service imports, BoP1993: 63.6 % of service imports, BoP1994: 45.9 % of service imports, BoP1995: 62.3 % of service imports, BoP1996: 23.2 % of service imports, BoP1997: 30.2 % of service imports, BoP1998: 26.9 % of service imports, BoP1999: 26.9 % of service imports, BoP2008: 25 % of service imports, BoP2009: 24.2 % of service imports, BoP2010: 28.6 % of service imports, BoP2011: 29.5 % of service imports, BoP2012: 31 % of service imports, BoP2013: 30.6 % of service imports, BoP2014: 32.6 % of service imports, BoP2015: 33.6 % of service imports, BoP2016: 30.3 % of service imports, BoP2017: 30.4 % of service imports, BoP2018: 30.3 % of service imports, BoP2019: 29.9 % of service imports, BoP2020: 25.7 % of service imports, BoP2021: 25.9 % of service imports, BoP2022: 26.1 % of service imports, BoP2023: 25.3 % of service imports, BoP2024: 24.3 % of service imports, BoP2025: 23 % of service imports, BoP

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.

Analysis

Latvia recorded 23.0% for transport services in 2025. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 5.4% on the previous year and down 31.5% over ten years.

Over the whole period, transport services in Latvia peaked at 63.6% in 1993 and was at its lowest, 23.0%, in 2025.

That places Latvia 132nd out of 197 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Transport services in Latvia, year by year

Annual values for Transport services (% of service imports, BoP) in Latvia, 1992 to 2025.
Year % of service imports, BoP Change
1992 63.2%
1993 63.6% +0.7%
1994 45.9% -27.9%
1995 62.3% +35.7%
1996 23.2% -62.7%
1997 30.2% +30.1%
1998 26.9% -11.0%
1999 26.9% +0.1%
2008 25.0% -7.2%
2009 24.2% -3.2%
2010 28.6% +18.1%
2011 29.5% +3.4%
2012 31.0% +5.0%
2013 30.6% -1.4%
2014 32.6% +6.4%
2015 33.6% +3.2%
2016 30.3% -9.9%
2017 30.4% +0.5%
2018 30.3% -0.5%
2019 29.9% -1.1%
2020 25.7% -14.0%
2021 25.9% +0.8%
2022 26.1% +0.5%
2023 25.3% -2.8%
2024 24.3% -4.0%
2025 23.0% -5.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 42.8% 23.2% 63.6% 8
2000s 24.6% 24.2% 25.0% 2
2010s 30.7% 28.6% 33.6% 10
2020s 25.1% 23.0% 26.1% 6

Countries ranked near Latvia

  1. 129 Indonesia 23.8% compare
  2. 130 Hong Kong, China 23.1% compare
  3. 131 Austria 23.0% compare
  4. 133 Trinidad and Tobago 22.8% compare
  5. 134 Serbia 22.5% compare
  6. 135 Lebanon 21.9% compare

See the full ranking of 244 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is transport services in Latvia?
Transport services in Latvia was 23.0% 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 63.6% in 1993.
What is the lowest transport services recorded in Latvia?
The lowest recorded value was 23.0% in 2025.
How does Latvia rank for transport services?
Latvia ranks 132nd out of 197 countries with data for 2025.
Is transport services rising or falling in Latvia?
Over the last ten years it is down 31.5%. 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 imports, BoP). Statizoid updates them automatically from the source API.

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Transport services in Latvia. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/transport-services-percent-of-service-imports-bop/latvia/

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About this data

Indicator
Transport services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,663 data points, 1960–2025
Last refreshed

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 imports which are services provided by non-residents to residents.