Import value index in Latvia
Latvia: Import value index was 161.3 2015 = 100 in 2024. ▲ Rising
Import value index in Latvia, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
The most recent figure for import value index in Latvia is 161.3 2015 = 100, measured in 2024.
Compared with earlier readings it is down 13.3% on the previous year and up 32.2% over ten years.
Over the whole period, import value index in Latvia peaked at 200.4 2015 = 100 in 2022 and was at its lowest, 59.1 2015 = 100, in 2005.
Latvia ranks 76th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Import value index in Latvia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 59.1 2015 = 100 | — |
| 2006 | 78.4 2015 = 100 | +32.7% |
| 2007 | 104.1 2015 = 100 | +32.8% |
| 2008 | 109.7 2015 = 100 | +5.4% |
| 2009 | 66.7 2015 = 100 | -39.2% |
| 2010 | 79.4 2015 = 100 | +19.0% |
| 2011 | 110.7 2015 = 100 | +39.4% |
| 2012 | 117 2015 = 100 | +5.7% |
| 2013 | 121.4 2015 = 100 | +3.8% |
| 2014 | 122 2015 = 100 | +0.5% |
| 2015 | 100 2015 = 100 | -18.0% |
| 2016 | 98.1 2015 = 100 | -1.9% |
| 2017 | 115.7 2015 = 100 | +17.9% |
| 2018 | 133.7 2015 = 100 | +15.6% |
| 2019 | 128.8 2015 = 100 | -3.7% |
| 2020 | 125.3 2015 = 100 | -2.7% |
| 2021 | 166.1 2015 = 100 | +32.6% |
| 2022 | 200.4 2015 = 100 | +20.7% |
| 2023 | 186 2015 = 100 | -7.2% |
| 2024 | 161.3 2015 = 100 | -13.3% |
Latvia compared with similar countries
- Latvia's 161.3 2015 = 100 is above the median for high income countries, which is 145.7 2015 = 100, 1.1× the median. (77 countries reporting)
- Latvia's 161.3 2015 = 100 is below the median for Europe & Central Asia, which is 161.8 2015 = 100, 100% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.6 2015 = 100 | 59.1 2015 = 100 | 109.7 2015 = 100 | 5 |
| 2010s | 112.68 2015 = 100 | 79.4 2015 = 100 | 133.7 2015 = 100 | 10 |
| 2020s | 167.82 2015 = 100 | 125.3 2015 = 100 | 200.4 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 import value index in Latvia?
- Import value index in Latvia was 161.3 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest import value index recorded in Latvia?
- The highest recorded value was 200.4 2015 = 100 in 2022.
- What is the lowest import value index recorded in Latvia?
- The lowest recorded value was 59.1 2015 = 100 in 2005.
- How does Latvia rank for import value index?
- Latvia ranks 76th out of 204 countries with data for 2024.
- Is import value index rising or falling in Latvia?
- Over the last ten years it is up 32.2%. 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 Import value 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
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.