Value of exported goods and services in Latvia
Latvia: Value of exported goods and services was 21.36 billion in 2025. ▲ Rising
Latest (2025)
21.36 billion
Change on year
up 0.1%
World rank
84th
of 170 countries
All-time high
22.94 billion
in 2022
All-time low
3.90 billion
in 1995
Years of data
31
1995–2025
Value of exported goods and services in Latvia, 1995–2025
Source: Our World in Data.
Analysis
The most recent figure for value of exported goods and services in Latvia is 21.36 billion, measured in 2025.
That represents a change of up 0.1% on the previous year and up 29.6% over ten years.
Over the whole period, value of exported goods and services in Latvia peaked at 22.94 billion in 2022 and was at its lowest, 3.90 billion, in 1995.
Latvia ranks 84th of 170 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.
Value of exported goods and services in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 3.90 billion | — |
| 1996 | 4.62 billion | +18.6% |
| 1997 | 5.21 billion | +12.7% |
| 1998 | 5.46 billion | +4.7% |
| 1999 | 5.11 billion | -6.3% |
| 2000 | 5.84 billion | +14.4% |
| 2001 | 6.35 billion | +8.7% |
| 2002 | 6.66 billion | +4.9% |
| 2003 | 6.94 billion | +4.1% |
| 2004 | 7.90 billion | +13.9% |
| 2005 | 9.77 billion | +23.7% |
| 2006 | 10.50 billion | +7.5% |
| 2007 | 11.96 billion | +13.9% |
| 2008 | 12.25 billion | +2.4% |
| 2009 | 10.66 billion | -13.0% |
| 2010 | 12.12 billion | +13.6% |
| 2011 | 13.63 billion | +12.5% |
| 2012 | 14.92 billion | +9.5% |
| 2013 | 15.02 billion | +0.7% |
| 2014 | 16.00 billion | +6.6% |
| 2015 | 16.49 billion | +3.1% |
| 2016 | 17.13 billion | +3.9% |
| 2017 | 18.24 billion | +6.5% |
| 2018 | 19.03 billion | +4.4% |
| 2019 | 18.93 billion | -0.6% |
| 2020 | 18.87 billion | -0.3% |
| 2021 | 20.59 billion | +9.1% |
| 2022 | 22.94 billion | +11.4% |
| 2023 | 21.33 billion | -7.0% |
| 2024 | 21.35 billion | +0.1% |
| 2025 | 21.36 billion | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.86 billion | 3.90 billion | 5.46 billion | 5 |
| 2000s | 8.89 billion | 5.84 billion | 12.25 billion | 10 |
| 2010s | 16.15 billion | 12.12 billion | 19.03 billion | 10 |
| 2020s | 21.07 billion | 18.87 billion | 22.94 billion | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GNI (current LCU), annual growth rate 7.93 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8773 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,085 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 8.34 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of exported goods and services in Latvia?
- Value of exported goods and services in Latvia was 21.36 billion in 2025, according to Our World in Data.
- What is the highest value of exported goods and services recorded in Latvia?
- The highest recorded value was 22.94 billion in 2022.
- What is the lowest value of exported goods and services recorded in Latvia?
- The lowest recorded value was 3.90 billion in 1995.
- How does Latvia rank for value of exported goods and services?
- Latvia ranks 84th out of 170 countries with data for 2025.
- Is value of exported goods and services rising or falling in Latvia?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Value of exported goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).