Net secondary income in Latvia
Latvia: Net secondary income was 1.02 billion BoP, current US$ in 2025. ◆ Volatile
Net secondary income in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net secondary income in Latvia stood at 1.02 billion BoP, current US$. That is the highest value across all 34 years on record.
The figure is up 10.8% on the previous year and up 143.7% over ten years.
Over the whole period, net secondary income in Latvia peaked at 1.02 billion BoP, current US$ in 2025 and was at its lowest, 70.79 million BoP, current US$, in 1995.
That places Latvia 67th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.72 million BoP, current US$ | 70.79 million BoP, current US$ | 132.77 million BoP, current US$ | 8 |
| 2000s | 474.91 million BoP, current US$ | 115.03 million BoP, current US$ | 749.81 million BoP, current US$ | 10 |
| 2010s | 564.68 million BoP, current US$ | 377.52 million BoP, current US$ | 750.00 million BoP, current US$ | 10 |
| 2020s | 698.35 million BoP, current US$ | 373.35 million BoP, current US$ | 1.02 billion BoP, current US$ | 6 |
Countries ranked near Latvia
- 64 Guyana 1.15 billion BoP, current US$ compare
- 65 Madagascar 1.10 billion BoP, current US$ compare
- 66 Belarus 1.08 billion BoP, current US$ compare
- 68 Democratic Republic of Congo 975.88 million BoP, current US$ compare
- 69 Syria 949.31 million BoP, current US$ compare
- 70 Zambia 945.24 million BoP, current US$ compare
More economy & growth data for Latvia
- Exports of goods and services 30.42 billion current US$ (2025)
- Final consumption expenditure 80.5% (2025)
- Industry (including construction), value added 5.60 billion constant LCU (2025)
- Gross national expenditure 50.84 billion current US$ (2025)
- Gross national expenditure 45.00 billion current LCU (2025)
- Gross national expenditure 35.22 billion constant 2015 US$ (2025)
- Industry (including construction), value added 4.4% (2025)
- Gross national expenditure 104.6% (2025)
- Gross fixed capital formation 11.41 billion current US$ (2025)
- Exports of goods and services 62.6% (2025)
Frequently asked questions
- What is net secondary income in Latvia?
- Net secondary income in Latvia was 1.02 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Latvia?
- The highest recorded value was 1.02 billion BoP, current US$ in 2025.
- What is the lowest net secondary income recorded in Latvia?
- The lowest recorded value was 70.79 million BoP, current US$ in 1995.
- How does Latvia rank for net secondary income?
- Latvia ranks 67th out of 199 countries with data for 2025.
- Is net secondary income rising or falling in Latvia?
- Over the last ten years it is up 143.7%. 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 Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.