Merchandise imports by the reporting economy (current US$), gaps in Latvia
Latvia: Merchandise imports by the reporting economy (current US$), gaps was 27.34 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), gaps in Latvia, 1989–2023
Source: Statizoid (derived). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), gaps in Latvia stood at 27.34 billion current US$.
That represents a change of down 7.2% on the previous year and up 53.0% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), gaps in Latvia peaked at 29.47 billion current US$ in 2022 and was at its lowest, 3,000 current US$, in 1989.
That places Latvia 72nd out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), gaps in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 3,000 current US$ | — |
| 1990 | 265.35 million current US$ | +8845033.3% |
| 1991 | 530.71 million current US$ | +100.0% |
| 1992 | 796.06 million current US$ | +50.0% |
| 1993 | 883.43 million current US$ | +11.0% |
| 1994 | 1.25 billion current US$ | +41.1% |
| 1995 | 1.79 billion current US$ | +43.2% |
| 1996 | 2.27 billion current US$ | +27.1% |
| 1997 | 2.72 billion current US$ | +19.7% |
| 1998 | 3.19 billion current US$ | +17.4% |
| 1999 | 2.95 billion current US$ | -7.7% |
| 2000 | 3.17 billion current US$ | +7.6% |
| 2001 | 3.47 billion current US$ | +9.5% |
| 2002 | 4.02 billion current US$ | +16.0% |
| 2003 | 5.22 billion current US$ | +29.8% |
| 2004 | 6.91 billion current US$ | +32.3% |
| 2005 | 8.66 billion current US$ | +25.3% |
| 2006 | 11.58 billion current US$ | +33.7% |
| 2007 | 15.34 billion current US$ | +32.5% |
| 2008 | 16.18 billion current US$ | +5.5% |
| 2009 | 9.81 billion current US$ | -39.4% |
| 2010 | 11.68 billion current US$ | +19.0% |
| 2011 | 16.29 billion current US$ | +39.5% |
| 2012 | 17.23 billion current US$ | +5.7% |
| 2013 | 17.87 billion current US$ | +3.7% |
| 2014 | 17.96 billion current US$ | +0.5% |
| 2015 | 14.72 billion current US$ | -18.1% |
| 2016 | 14.43 billion current US$ | -2.0% |
| 2017 | 17.03 billion current US$ | +18.1% |
| 2018 | 19.68 billion current US$ | +15.5% |
| 2019 | 18.96 billion current US$ | -3.7% |
| 2020 | 18.44 billion current US$ | -2.7% |
| 2021 | 24.45 billion current US$ | +32.6% |
| 2022 | 29.47 billion current US$ | +20.5% |
| 2023 | 27.34 billion current US$ | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3,000 current US$ | 3,000 current US$ | 3,000 current US$ | 1 |
| 1990s | 1.66 billion current US$ | 265.35 million current US$ | 3.19 billion current US$ | 10 |
| 2000s | 8.44 billion current US$ | 3.17 billion current US$ | 16.18 billion current US$ | 10 |
| 2010s | 16.58 billion current US$ | 11.68 billion current US$ | 19.68 billion current US$ | 10 |
| 2020s | 24.92 billion current US$ | 18.44 billion current US$ | 29.47 billion current US$ | 4 |
Countries ranked near Latvia
- 69 Qatar 30.54 billion current US$ compare
- 70 Guatemala 30.32 billion current US$ compare
- 71 Dominican Republic 28.62 billion current US$ compare
- 73 Luxembourg 26.22 billion current US$ compare
- 74 Congo, Democratic Republic of the 25.49 billion current US$ compare
- 75 Jordan 25.43 billion current US$ compare
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$), annual growth rate 7.16 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), gaps in Latvia?
- Merchandise imports by the reporting economy (current us$), gaps in Latvia was 27.34 billion current US$ in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in Latvia?
- The highest recorded value was 29.47 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in Latvia?
- The lowest recorded value was 3,000 current US$ in 1989.
- How does Latvia rank for merchandise imports by the reporting economy (current us$), gaps?
- Latvia ranks 72nd out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), gaps rising or falling in Latvia?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.