Net barter terms of trade index in Latvia
Latvia: Net barter terms of trade index was 103.7 2015 = 100 in 2024. ▬ Flat
Net barter terms of trade index in Latvia, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
The most recent figure for net barter terms of trade index in Latvia is 103.7 2015 = 100, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 3.8% over ten years.
Over the whole period, net barter terms of trade index in Latvia peaked at 103.7 2015 = 100 in 2024 and was at its lowest, 96.4 2015 = 100, in 2006.
That places Latvia 94th out of 206 countries with data for 2024, putting it in the middle of the range.
Net barter terms of trade index in Latvia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 98.6 2015 = 100 | — |
| 2006 | 96.4 2015 = 100 | -2.2% |
| 2007 | 102.6 2015 = 100 | +6.4% |
| 2008 | 99.8 2015 = 100 | -2.7% |
| 2009 | 98.9 2015 = 100 | -0.9% |
| 2010 | 102.4 2015 = 100 | +3.5% |
| 2011 | 101 2015 = 100 | -1.4% |
| 2012 | 99 2015 = 100 | -2.0% |
| 2013 | 99.9 2015 = 100 | +0.9% |
| 2014 | 99.9 2015 = 100 | +0.0% |
| 2015 | 100 2015 = 100 | +0.1% |
| 2016 | 101.8 2015 = 100 | +1.8% |
| 2017 | 99.6 2015 = 100 | -2.2% |
| 2018 | 101.1 2015 = 100 | +1.5% |
| 2019 | 101 2015 = 100 | -0.1% |
| 2020 | 102.3 2015 = 100 | +1.3% |
| 2021 | 103.3 2015 = 100 | +1.0% |
| 2022 | 101.6 2015 = 100 | -1.6% |
| 2023 | 102.9 2015 = 100 | +1.3% |
| 2024 | 103.7 2015 = 100 | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 99.26 2015 = 100 | 96.4 2015 = 100 | 102.6 2015 = 100 | 5 |
| 2010s | 100.57 2015 = 100 | 99 2015 = 100 | 102.4 2015 = 100 | 10 |
| 2020s | 102.76 2015 = 100 | 101.6 2015 = 100 | 103.7 2015 = 100 | 5 |
Countries ranked near Latvia
- 91 United States of America 105.4 2015 = 100 compare
- 92 New Caledonia 105.1 2015 = 100 compare
- 93 Mexico 104.4 2015 = 100 compare
- 95 Italy 103.6 2015 = 100 compare
- 95 Korea, Democratic People's Republic of 103.6 2015 = 100 compare
- 97 Brunei Darussalam 103.2 2015 = 100 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 net barter terms of trade index in Latvia?
- Net barter terms of trade index in Latvia was 103.7 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest net barter terms of trade index recorded in Latvia?
- The highest recorded value was 103.7 2015 = 100 in 2024.
- What is the lowest net barter terms of trade index recorded in Latvia?
- The lowest recorded value was 96.4 2015 = 100 in 2006.
- How does Latvia rank for net barter terms of trade index?
- Latvia ranks 94th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Latvia?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Net barter terms of trade index (2015 = 100). Statizoid updates them automatically from the source API.
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About this data
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.