Terms of trade adjustment in Latvia
Latvia: Terms of trade adjustment was 73.09 million constant LCU in 2025. ◆ Volatile
Terms of trade adjustment in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for terms of trade adjustment in Latvia is 73.09 million constant LCU, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 173.1% on the previous year and up 104.8% over ten years.
Over the whole period, terms of trade adjustment in Latvia peaked at 73.09 million constant LCU in 2025 and was at its lowest, -1.57 billion constant LCU, in 2014.
Latvia ranks 90th of 178 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 | -514.93 million constant LCU | -798.96 million constant LCU | -311.99 million constant LCU | 5 |
| 2000s | -985.25 million constant LCU | -1.27 billion constant LCU | -767.14 million constant LCU | 10 |
| 2010s | -1.15 billion constant LCU | -1.57 billion constant LCU | -333.79 million constant LCU | 10 |
| 2020s | -270.04 million constant LCU | -958.61 million constant LCU | 73.09 million constant LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
Frequently asked questions
- What is terms of trade adjustment in Latvia?
- Terms of trade adjustment in Latvia was 73.09 million constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Latvia?
- The highest recorded value was 73.09 million constant LCU in 2025.
- What is the lowest terms of trade adjustment recorded in Latvia?
- The lowest recorded value was -1.57 billion constant LCU in 2014.
- How does Latvia rank for terms of trade adjustment?
- Latvia ranks 90th out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in Latvia?
- Over the last ten years it is up 104.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.