Personal remittances, received in Latvia
Latvia: Personal remittances, received was 1.44 billion current US$ in 2025. ◆ Volatile
Personal remittances, received in Latvia, 1996–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2025, personal remittances, received in Latvia stood at 1.44 billion current US$.
Compared with earlier readings it is up 7.9% on the previous year and up 8.0% over ten years.
Over the whole period, personal remittances, received in Latvia peaked at 1.92 billion current US$ in 2008 and was at its lowest, 40.77 million current US$, in 1996.
Latvia ranks 82nd of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.12 million current US$ | 40.77 million current US$ | 49.40 million current US$ | 4 |
| 2000s | 593.13 million current US$ | 112.56 million current US$ | 1.92 billion current US$ | 10 |
| 2010s | 1.36 billion current US$ | 1.14 billion current US$ | 1.60 billion current US$ | 10 |
| 2020s | 1.29 billion current US$ | 1.09 billion current US$ | 1.44 billion current US$ | 6 |
Countries ranked near Latvia
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 4.4% (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 5.51 billion constant 2015 US$ (2025)
- Gross national expenditure 104.6% (2025)
- Exports of goods and services 62.6% (2025)
- Industry (including construction), value added 8.04 billion current LCU (2025)
Frequently asked questions
- What is personal remittances, received in Latvia?
- Personal remittances, received in Latvia was 1.44 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Latvia?
- The highest recorded value was 1.92 billion current US$ in 2008.
- What is the lowest personal remittances, received recorded in Latvia?
- The lowest recorded value was 40.77 million current US$ in 1996.
- How does Latvia rank for personal remittances, received?
- Latvia ranks 82nd out of 196 countries with data for 2025.
- Is personal remittances, received rising or falling in Latvia?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.