Import volume index in Latvia
Latvia: Import volume index was 110.9 2015 = 100 in 2024. ▲ Rising
Import volume index in Latvia, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
Latvia recorded 110.9 2015 = 100 for import volume index in 2024.
The figure is down 11.8% on the previous year and up 10.2% over ten years.
Over the whole period, import volume index in Latvia peaked at 129.4 2015 = 100 in 2022 and was at its lowest, 65.1 2015 = 100, in 2009.
Latvia ranks 120th 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 volume index in Latvia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 72.6 2015 = 100 | — |
| 2006 | 88.9 2015 = 100 | +22.5% |
| 2007 | 102.1 2015 = 100 | +14.8% |
| 2008 | 91.6 2015 = 100 | -10.3% |
| 2009 | 65.1 2015 = 100 | -28.9% |
| 2010 | 76.6 2015 = 100 | +17.7% |
| 2011 | 92.3 2015 = 100 | +20.5% |
| 2012 | 98.5 2015 = 100 | +6.7% |
| 2013 | 99.2 2015 = 100 | +0.7% |
| 2014 | 100.6 2015 = 100 | +1.4% |
| 2015 | 100 2015 = 100 | -0.6% |
| 2016 | 102.1 2015 = 100 | +2.1% |
| 2017 | 110.9 2015 = 100 | +8.6% |
| 2018 | 116.7 2015 = 100 | +5.2% |
| 2019 | 117.9 2015 = 100 | +1.0% |
| 2020 | 115 2015 = 100 | -2.5% |
| 2021 | 126.1 2015 = 100 | +9.7% |
| 2022 | 129.4 2015 = 100 | +2.6% |
| 2023 | 125.8 2015 = 100 | -2.8% |
| 2024 | 110.9 2015 = 100 | -11.8% |
Latvia compared with similar countries
- Latvia's 110.9 2015 = 100 is below the median for high income countries, which is 111.7 2015 = 100, 99% of the median. (77 countries reporting)
- Latvia's 110.9 2015 = 100 is below the median for Europe & Central Asia, which is 119.5 2015 = 100, 93% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.06 2015 = 100 | 65.1 2015 = 100 | 102.1 2015 = 100 | 5 |
| 2010s | 101.48 2015 = 100 | 76.6 2015 = 100 | 117.9 2015 = 100 | 10 |
| 2020s | 121.44 2015 = 100 | 110.9 2015 = 100 | 129.4 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 volume index in Latvia?
- Import volume index in Latvia was 110.9 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest import volume index recorded in Latvia?
- The highest recorded value was 129.4 2015 = 100 in 2022.
- What is the lowest import volume index recorded in Latvia?
- The lowest recorded value was 65.1 2015 = 100 in 2009.
- How does Latvia rank for import volume index?
- Latvia ranks 120th out of 204 countries with data for 2024.
- Is import volume index rising or falling in Latvia?
- Over the last ten years it is up 10.2%. 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 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
Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import 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.