Commercial service imports in Latvia

Latvia: Commercial service imports was 7.05 billion current US$ in 2025. ◆ Volatile

Latest (2025)
7.05 billion current US$
Change on year
up 20.7%
World rank
78th
of 198 countries
All-time high
7.05 billion current US$
in 2025
All-time low
120.13 million current US$
in 1992
Years of data
34
1992–2025

Commercial service imports in Latvia, 1992–2025

02.0B4.0B6.0B8.0B1992200820251992: 120.1M current US$1993: 179.3M current US$1994: 211.0M current US$1995: 224.7M current US$1996: 707.0M current US$1997: 640.8M current US$1998: 734.8M current US$1999: 649.1M current US$2000: 574.2M current US$2001: 569.0M current US$2002: 617.0M current US$2003: 901.3M current US$2004: 1.2B current US$2005: 1.6B current US$2006: 2.0B current US$2007: 2.8B current US$2008: 3.3B current US$2009: 2.4B current US$2010: 2.3B current US$2011: 2.8B current US$2012: 2.7B current US$2013: 2.8B current US$2014: 2.8B current US$2015: 2.6B current US$2016: 2.7B current US$2017: 3.1B current US$2018: 3.5B current US$2019: 3.5B current US$2020: 3.3B current US$2021: 4.2B current US$2022: 5.1B current US$2023: 5.7B current US$2024: 5.8B current US$2025: 7.0B current US$

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

Analysis

The most recent figure for commercial service imports in Latvia is 7.05 billion current US$, measured in 2025. That is the highest value across all 34 years on record.

The figure is up 20.7% on the previous year and up 171.1% over ten years.

Over the whole period, commercial service imports in Latvia peaked at 7.05 billion current US$ in 2025 and was at its lowest, 120.13 million current US$, in 1992.

Latvia ranks 78th of 198 countries on this measure, 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 433.34 million current US$ 120.13 million current US$ 734.80 million current US$ 8
2000s 1.60 billion current US$ 568.95 million current US$ 3.29 billion current US$ 10
2010s 2.89 billion current US$ 2.30 billion current US$ 3.55 billion current US$ 10
2020s 5.21 billion current US$ 3.28 billion current US$ 7.05 billion current US$ 6

Countries ranked near Latvia

  1. 75 Algeria 8.26 billion current US$ compare
  2. 76 Angola 8.21 billion current US$ compare
  3. 77 Belarus 7.55 billion current US$ compare
  4. 79 Macao 6.68 billion current US$ compare
  5. 80 Lebanon 6.61 billion current US$ compare
  6. 81 Cote d'Ivoire 6.50 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is commercial service imports in Latvia?
Commercial service imports in Latvia was 7.05 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 imports recorded in Latvia?
The highest recorded value was 7.05 billion current US$ in 2025.
What is the lowest commercial service imports recorded in Latvia?
The lowest recorded value was 120.13 million current US$ in 1992.
How does Latvia rank for commercial service imports?
Latvia ranks 78th out of 198 countries with data for 2025.
Is commercial service imports rising or falling in Latvia?
Over the last ten years it is up 171.1%. 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 imports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service imports (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
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.