Value of imported goods and services, annual growth rate in Latvia
Latvia: Value of imported goods and services, annual growth rate was 5.72 % change on previous year in 2025. ◆ Volatile
Value of imported goods and services, annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value of imported goods and services, annual growth rate in Latvia is 5.72 % change on previous year, measured in 2025.
The figure is up 422.9% on the previous year and up 464.5% over ten years.
Over the whole period, value of imported goods and services, annual growth rate in Latvia peaked at 26.73 % change on previous year in 1996 and was at its lowest, -30.89 % change on previous year, in 2009.
That places Latvia 67th out of 170 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods and services, annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 26.73 % change on previous year | — |
| 1997 | 4.53 % change on previous year | -83.0% |
| 1998 | 16.77 % change on previous year | +269.8% |
| 1999 | -5.2 % change on previous year | -131.0% |
| 2000 | 2.75 % change on previous year | -152.9% |
| 2001 | 15.57 % change on previous year | +465.2% |
| 2002 | 2.7 % change on previous year | -82.7% |
| 2003 | 11.79 % change on previous year | +336.4% |
| 2004 | 20.63 % change on previous year | +75.1% |
| 2005 | 16.97 % change on previous year | -17.7% |
| 2006 | 21.77 % change on previous year | +28.2% |
| 2007 | 17.42 % change on previous year | -20.0% |
| 2008 | -11.22 % change on previous year | -164.4% |
| 2009 | -30.89 % change on previous year | +175.2% |
| 2010 | 12.74 % change on previous year | -141.2% |
| 2011 | 22.58 % change on previous year | +77.2% |
| 2012 | 5.22 % change on previous year | -76.9% |
| 2013 | -0.1274 % change on previous year | -102.4% |
| 2014 | 3 % change on previous year | -2454.5% |
| 2015 | 1.01 % change on previous year | -66.2% |
| 2016 | 4.19 % change on previous year | +313.7% |
| 2017 | 8.56 % change on previous year | +104.4% |
| 2018 | 6.33 % change on previous year | -26.1% |
| 2019 | 2.03 % change on previous year | -68.0% |
| 2020 | -1.12 % change on previous year | -155.4% |
| 2021 | 15.14 % change on previous year | -1448.5% |
| 2022 | 9.91 % change on previous year | -34.5% |
| 2023 | -5.04 % change on previous year | -150.9% |
| 2024 | -1.77 % change on previous year | -64.9% |
| 2025 | 5.72 % change on previous year | -422.9% |
Biggest year-on-year movements
Years where Value of imported goods and services, 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 |
|---|---|---|---|
| 2014 | +2454.5% | -0.1274 % change on previous year | 3 % change on previous year |
| 2021 | +1448.5% | -1.12 % change on previous year | 15.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.71 % change on previous year | -5.2 % change on previous year | 26.73 % change on previous year | 4 |
| 2000s | 6.75 % change on previous year | -30.89 % change on previous year | 21.77 % change on previous year | 10 |
| 2010s | 6.55 % change on previous year | -0.1274 % change on previous year | 22.58 % change on previous year | 10 |
| 2020s | 3.81 % change on previous year | -5.04 % change on previous year | 15.14 % change on previous year | 6 |
Countries ranked near Latvia
- 64 Spain 6.24 % change on previous year compare
- 65 Northern Mariana Islands 5.93 % change on previous year compare
- 66 United States 5.77 % change on previous year compare
- 68 Georgia 5.68 % change on previous year compare
- 69 Poland 5.62 % change on previous year compare
- 70 Bosnia and Herzegovina 5.26 % 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 value of imported goods and services, annual growth rate in Latvia?
- Value of imported goods and services, annual growth rate in Latvia was 5.72 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest value of imported goods and services, annual growth rate recorded in Latvia?
- The highest recorded value was 26.73 % change on previous year in 1996.
- What is the lowest value of imported goods and services, annual growth rate recorded in Latvia?
- The lowest recorded value was -30.89 % change on previous year in 2009.
- How does Latvia rank for value of imported goods and services, annual growth rate?
- Latvia ranks 67th out of 170 countries with data for 2025.
- Is value of imported goods and services, annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 464.5%. 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 Value of imported goods and services, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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 Value of imported goods and services. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value of imported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 Value of imported goods and services. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.