Economy & Growth in Latvia
244 indicators covering economy & growth for Latvia.
| Indicator | Latest | Year | 10-yr change | Rank |
|---|---|---|---|---|
| Communications, computer, etc. | 47.6% | 2025 | up 45.2% | 46th |
| Manufacturing, value added | 4.7% | 2025 | up 7.3% | 59th |
| Exports of goods, services and primary income | 33.63 billion BoP, current US$ | 2025 | up 87.0% | 81st |
| Households and NPISHs Final consumption expenditure | 18.38 billion constant LCU | 2025 | up 19.4% | 146th |
| Exports of goods and services | 20.73 billion constant LCU | 2025 | up 29.6% | 142nd |
| Imports of goods and services | 22.33 billion constant LCU | 2025 | up 51.4% | 141st |
| Exports as a capacity to import | 20.81 billion constant LCU | 2025 | up 43.8% | 140th |
| Gross domestic income | 32.29 billion constant LCU | 2025 | up 25.8% | 143rd |
| Terms of trade adjustment | 73.09 million constant LCU | 2025 | up 104.8% | 90th |
| Travel services | 20.5% | 2025 | down 12.9% | 93rd |
| Net financial account | -507.76 million BoP, current US$ | 2025 | down 169.5% | 111th |
| Travel services | 17.0% | 2025 | down 7.0% | 146th |
| Net trade in goods and services | -2.24 billion BoP, current US$ | 2025 | down 611.6% | 145th |
| Net trade in goods | -4.49 billion BoP, current US$ | 2025 | down 72.9% | 146th |
| Net errors and omissions | 342.81 million BoP, current US$ | 2025 | up 10,385.1% | 55th |
| Current account balance | -1.64 billion BoP, current US$ | 2025 | down 4,832.5% | 142nd |
| Net primary income | -418.69 million BoP, current US$ | 2025 | down 206.0% | 99th |
| Transport services | 28.4% | 2025 | down 35.2% | 46th |
| Taxes less subsidies on products | 4.15 billion constant LCU | 2025 | up 25.3% | 134th |
| Net secondary income | 1.02 billion BoP, current US$ | 2025 | up 143.7% | 67th |
| Current account balance | -3.4% | 2025 | down 2,572.7% | 124th |
| Final consumption expenditure | 25.33 billion constant LCU | 2025 | up 23.3% | 146th |
| Primary income payments | 3.61 billion BoP, current US$ | 2025 | up 121.3% | 89th |
| Portfolio equity, net inflows | 29.27 million BoP, current US$ | 2025 | down 67.2% | 51st |
| Insurance and financial services | 3.0% | 2025 | down 60.5% | 154th |
| General government final consumption expenditure | 6.96 billion constant LCU | 2025 | up 35.1% | 147th |
| Human Rights Index vs. GDP per capita | 0.94 | 2025 | down 0.8% | 14th |
| Primary income receipts | 3.19 billion BoP, current US$ | 2025 | up 113.8% | 70th |
| Personal remittances, received | 3.0% | 2025 | down 41.5% | 83rd |
| Secondary income receipts | 2.50 billion BoP, current US$ | 2025 | up 140.2% | 88th |
| GNI growth | 1.0% | 2024 | down 49.0% | 128th |
| Gross savings | 20.9% | 2025 | down 13.5% | 98th |
| Foreign direct investment, net | 72.46 million BoP, current US$ | 2025 | up 110.8% | 33rd |
| GNI | 31.57 billion constant 2015 US$ | 2024 | up 24.7% | 91st |
| GNI per capita | 16,917 constant 2015 US$ | 2024 | up 33.2% | 49th |
| Gross capital formation | 8.53 billion constant LCU | 2025 | up 60.3% | 135th |
| Gross savings | 20.7% | 2025 | down 13.8% | 98th |
| Gross national expenditure deflator | 132.88 base year varies by country | 2025 | up 43.1% | 83rd |
| Gross national expenditure | 33.86 billion constant LCU | 2025 | up 30.9% | 138th |
| Grants, excluding technical cooperation | 148.12 million BoP, current US$ | 2004 | up 593.1% | 101st |
| Technical cooperation grants | 14.95 million BoP, current US$ | 2004 | down 46.5% | 126th |
| GDP per capita | 34,540 international-$ in 2021 prices | 2023 | up 41.3% | 55th |
| GNI per capita growth | 1.2% | 2024 | down 59.1% | 108th |
| Gross fixed capital formation | 7.72 billion constant LCU | 2025 | up 31.6% | 138th |
| Insurance and financial services | 2.1% | 2025 | down 79.7% | 105th |
| Charges for the use of intellectual property, payments | 66.71 million BoP, current US$ | 2025 | up 93.8% | 89th |
| Secondary income, other sectors, payments | 828.96 million BoP, current US$ | 2025 | up 163.0% | 72nd |
| Gross savings | 10.07 billion current US$ | 2025 | up 59.0% | 93rd |
| Gross savings | 8.91 billion current LCU | 2025 | up 56.1% | 143rd |
| GDP, PPP | 71.70 billion constant 2021 international $ | 2025 | up 18.5% | 109th |
| GDP per capita, PPP | 38,800 constant 2021 international $ | 2025 | up 26.8% | 57th |
| GDP per capita | 38,800 international-$ in 2021 prices | 2025 | up 26.8% | 57th |
| GDP, PPP | 85.25 billion current international $ | 2025 | up 91.2% | 111th |
| GDP per capita, PPP | 46,137 current international $ | 2025 | up 104.7% | 57th |
| Price level index | 57.03 GDP | 2025 | down 3.5% | 72nd |
| PPP conversion factor, GDP | 0.5047 LCU per international $ | 2025 | down 5.2% | 188th |
| GDP: linked series | 43.03 billion current LCU | 2025 | up 81.2% | 161st |
| GNI, PPP | 84.52 billion current international $ | 2025 | up 90.6% | 109th |
| GNI per capita, PPP | 45,740 current international $ | 2025 | up 103.9% | 54th |
| GNI: linked series | 42.66 billion current LCU | 2025 | up 80.6% | 159th |