Commercial service imports in Latvia
Latvia: Commercial service imports was 7.05 billion current US$ in 2025. ◆ Volatile
Commercial service imports in Latvia, 1992–2025
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$, in 1992.
Latvia ranks 78th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 120.13 million current US$ | — |
| 1993 | 179.25 million current US$ | +49.2% |
| 1994 | 210.96 million current US$ | +17.7% |
| 1995 | 224.66 million current US$ | +6.5% |
| 1996 | 706.99 million current US$ | +214.7% |
| 1997 | 640.84 million current US$ | -9.4% |
| 1998 | 734.80 million current US$ | +14.7% |
| 1999 | 649.10 million current US$ | -11.7% |
| 2000 | 574.23 million current US$ | -11.5% |
| 2001 | 568.95 million current US$ | -0.9% |
| 2002 | 617.00 million current US$ | +8.4% |
| 2003 | 901.32 million current US$ | +46.1% |
| 2004 | 1.17 billion current US$ | +30.3% |
| 2005 | 1.60 billion current US$ | +36.4% |
| 2006 | 2.05 billion current US$ | +27.7% |
| 2007 | 2.81 billion current US$ | +37.6% |
| 2008 | 3.29 billion current US$ | +17.1% |
| 2009 | 2.39 billion current US$ | -27.6% |
| 2010 | 2.30 billion current US$ | -3.5% |
| 2011 | 2.76 billion current US$ | +19.9% |
| 2012 | 2.74 billion current US$ | -0.7% |
| 2013 | 2.82 billion current US$ | +2.7% |
| 2014 | 2.80 billion current US$ | -0.4% |
| 2015 | 2.60 billion current US$ | -7.3% |
| 2016 | 2.73 billion current US$ | +5.0% |
| 2017 | 3.06 billion current US$ | +12.3% |
| 2018 | 3.55 billion current US$ | +15.8% |
| 2019 | 3.53 billion current US$ | -0.6% |
| 2020 | 3.28 billion current US$ | -6.9% |
| 2021 | 4.24 billion current US$ | +29.0% |
| 2022 | 5.12 billion current US$ | +20.8% |
| 2023 | 5.73 billion current US$ | +12.1% |
| 2024 | 5.84 billion current US$ | +1.9% |
| 2025 | 7.05 billion current US$ | +20.7% |
Latvia compared with similar countries
- Latvia's 7.05 billion current US$ is below the median for high income countries, which is 18.83 billion current US$, 37% of the median. (72 countries reporting)
- Latvia's 7.05 billion current US$ is below the median for Europe & Central Asia, which is 17.38 billion current US$, 41% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Commercial service imports in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +214.7% | 224.66 million current US$ | 706.99 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.455 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.16 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Latvia?
- Commercial service imports in Latvia was 7.05 billion current US$ 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 200 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
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.