Travel services in Latvia
Latvia: Travel services was 17.0% in 2025. ▲ Rising
Travel services in Latvia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for travel services in Latvia is 17.0%, measured in 2025.
Compared with earlier readings it is up 4.1% on the previous year and down 7.3% over ten years.
Over the whole period, travel services in Latvia peaked at 18.4% in 2015 and was at its lowest, 2.5%, in 1992.
Latvia ranks 150th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Travel services in Latvia, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1992 | 2.5% | — |
| 1993 | 2.9% | +16.4% |
| 1994 | 2.8% | -4.9% |
| 1995 | 2.8% | +0.4% |
| 1996 | 18.2% | +554.0% |
| 1997 | 16.9% | -7.0% |
| 1998 | 15.1% | -11.0% |
| 1999 | 10.0% | -33.3% |
| 2008 | 15.0% | +49.9% |
| 2009 | 16.6% | +10.4% |
| 2010 | 16.0% | -3.8% |
| 2011 | 16.1% | +1.0% |
| 2012 | 15.6% | -3.3% |
| 2013 | 17.0% | +8.6% |
| 2014 | 17.4% | +2.6% |
| 2015 | 18.4% | +5.7% |
| 2016 | 17.5% | -4.7% |
| 2017 | 16.7% | -4.5% |
| 2018 | 16.7% | -0.3% |
| 2019 | 16.0% | -4.3% |
| 2020 | 14.4% | -9.8% |
| 2021 | 11.8% | -18.2% |
| 2022 | 14.2% | +20.3% |
| 2023 | 15.8% | +11.5% |
| 2024 | 16.4% | +3.7% |
| 2025 | 17.0% | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.9% | 2.5% | 18.2% | 8 |
| 2000s | 15.8% | 15.0% | 16.6% | 2 |
| 2010s | 16.7% | 15.6% | 18.4% | 10 |
| 2020s | 14.9% | 11.8% | 17.0% | 6 |
Countries ranked near Latvia
- 147 Cayman Islands 17.8% compare
- 148 United States of America 17.7% compare
- 149 Kuwait 17.5% compare
- 151 Philippines 16.9% compare
- 152 Ghana 16.8% compare
- 153 Togo 16.1% 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 travel services in Latvia?
- Travel services in Latvia was 17.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Latvia?
- The highest recorded value was 18.4% in 2015.
- What is the lowest travel services recorded in Latvia?
- The lowest recorded value was 2.5% in 1992.
- How does Latvia rank for travel services?
- Latvia ranks 150th out of 198 countries with data for 2025.
- Is travel services rising or falling in Latvia?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.