Export volume index in Latvia
Latvia: Export volume index was 111.6 2015 = 100 in 2024. ▲ Rising
Export volume index in Latvia, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, export volume index in Latvia stood at 111.6 2015 = 100.
Compared with earlier readings it is down 7.9% on the previous year and up 13.0% over ten years.
Over the whole period, export volume index in Latvia peaked at 124.6 2015 = 100 in 2021 and was at its lowest, 52.4 2015 = 100, in 2005.
That places Latvia 102nd out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Export volume index in Latvia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 52.4 2015 = 100 | — |
| 2006 | 58.9 2015 = 100 | +12.4% |
| 2007 | 64.7 2015 = 100 | +9.8% |
| 2008 | 69 2015 = 100 | +6.6% |
| 2009 | 61.9 2015 = 100 | -10.3% |
| 2010 | 73.1 2015 = 100 | +18.1% |
| 2011 | 88.3 2015 = 100 | +20.8% |
| 2012 | 97.7 2015 = 100 | +10.6% |
| 2013 | 96.4 2015 = 100 | -1.3% |
| 2014 | 98.8 2015 = 100 | +2.5% |
| 2015 | 100 2015 = 100 | +1.2% |
| 2016 | 102.4 2015 = 100 | +2.4% |
| 2017 | 110.7 2015 = 100 | +8.1% |
| 2018 | 113.6 2015 = 100 | +2.6% |
| 2019 | 115.9 2015 = 100 | +2.0% |
| 2020 | 119.3 2015 = 100 | +2.9% |
| 2021 | 124.6 2015 = 100 | +4.4% |
| 2022 | 124.6 2015 = 100 | +0.0% |
| 2023 | 121.2 2015 = 100 | -2.7% |
| 2024 | 111.6 2015 = 100 | -7.9% |
Latvia compared with similar countries
- Latvia's 111.6 2015 = 100 is above the median for high income countries, which is 106.1 2015 = 100, 1.1× the median. (77 countries reporting)
- Latvia's 111.6 2015 = 100 is below the median for Europe & Central Asia, which is 113.6 2015 = 100, 98% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.38 2015 = 100 | 52.4 2015 = 100 | 69 2015 = 100 | 5 |
| 2010s | 99.69 2015 = 100 | 73.1 2015 = 100 | 115.9 2015 = 100 | 10 |
| 2020s | 120.26 2015 = 100 | 111.6 2015 = 100 | 124.6 2015 = 100 | 5 |
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 export volume index in Latvia?
- Export volume index in Latvia was 111.6 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest export volume index recorded in Latvia?
- The highest recorded value was 124.6 2015 = 100 in 2021.
- What is the lowest export volume index recorded in Latvia?
- The lowest recorded value was 52.4 2015 = 100 in 2005.
- How does Latvia rank for export volume index?
- Latvia ranks 102nd out of 204 countries with data for 2024.
- Is export volume index rising or falling in Latvia?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Export volume index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.