Commercial service exports in Latvia

Latvia: Commercial service exports was 9.28 billion current US$ in 2025. ◆ Volatile

Latest (2025)
9.28 billion current US$
Change on year
up 10.7%
World rank
73rd
of 198 countries
All-time high
9.28 billion current US$
in 2025
All-time low
289.83 million current US$
in 1992
Years of data
34
1992–2025

Commercial service exports in Latvia, 1992–2025

02.0B4.0B6.0B8.0B10.0B1992200820251992: 289.8M current US$1993: 528.7M current US$1994: 651.3M current US$1995: 717.7M current US$1996: 1.2B current US$1997: 1.1B current US$1998: 1.2B current US$1999: 1.2B current US$2000: 1.0B current US$2001: 1.1B current US$2002: 1.2B current US$2003: 1.7B current US$2004: 2.0B current US$2005: 2.5B current US$2006: 3.0B current US$2007: 4.4B current US$2008: 5.3B current US$2009: 4.4B current US$2010: 4.0B current US$2011: 4.8B current US$2012: 4.8B current US$2013: 5.1B current US$2014: 5.5B current US$2015: 4.9B current US$2016: 5.1B current US$2017: 5.7B current US$2018: 6.3B current US$2019: 6.4B current US$2020: 5.5B current US$2021: 6.3B current US$2022: 7.6B current US$2023: 8.1B current US$2024: 8.4B current US$2025: 9.3B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2025, commercial service exports in Latvia stood at 9.28 billion current US$. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 10.7% on the previous year and up 90.8% over ten years.

Over the whole period, commercial service exports in Latvia peaked at 9.28 billion current US$ in 2025 and was at its lowest, 289.83 million current US$, in 1992.

That places Latvia 73rd out of 198 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 860.41 million current US$ 289.83 million current US$ 1.21 billion current US$ 8
2000s 2.66 billion current US$ 1.02 billion current US$ 5.33 billion current US$ 10
2010s 5.25 billion current US$ 4.00 billion current US$ 6.36 billion current US$ 10
2020s 7.52 billion current US$ 5.52 billion current US$ 9.28 billion current US$ 6

Countries ranked near Latvia

  1. 70 Ghana 10.06 billion current US$ compare
  2. 71 Albania 9.60 billion current US$ compare
  3. 72 Jordan 9.42 billion current US$ compare
  4. 74 Uzbekistan 9.25 billion current US$ compare
  5. 75 Azerbaijan 8.56 billion current US$ compare
  6. 76 Georgia 8.38 billion current US$ compare

See the full ranking of 244 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is commercial service exports in Latvia?
Commercial service exports in Latvia was 9.28 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Latvia?
The highest recorded value was 9.28 billion current US$ in 2025.
What is the lowest commercial service exports recorded in Latvia?
The lowest recorded value was 289.83 million current US$ in 1992.
How does Latvia rank for commercial service exports?
Latvia ranks 73rd out of 198 countries with data for 2025.
Is commercial service exports rising or falling in Latvia?
Over the last ten years it is up 90.8%. The long-run trend across the full record is volatile.
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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
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, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.