Travel services (% of commercial service exports) in Latvia
Latvia: Travel services (% of commercial service exports) was 17.1% 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 17.1%, measured in 2025.
Compared with earlier readings it is up 4.7% on the previous year and down 6.8% 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 149th 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 (% of commercial service exports) 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% | -9.7% |
| 2021 | 11.8% | -18.2% |
| 2022 | 14.2% | +20.3% |
| 2023 | 15.8% | +11.5% |
| 2024 | 16.4% | +3.7% |
| 2025 | 17.1% | +4.7% |
Latvia compared with similar countries
- Latvia's 17.1% is below the median for high income countries, which is 27.1%, 63% of the median. (72 countries reporting)
- Latvia's 17.1% is below the median for Europe & Central Asia, which is 20.5%, 84% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Travel services (% of commercial service exports) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +554.0% | 2.8% | 18.2% |
| 2008 | +49.9% | 10.0% | 15.0% |
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% | 17.1% | 6 |
Countries ranked near Latvia
- 146 Cayman Islands 17.8% compare
- 147 United States 17.7% compare
- 148 Kuwait 17.5% compare
- 150 Philippines 16.9% compare
- 151 Ghana 16.8% compare
- 152 Eswatini 16.3% compare
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 18.1% (2025)
- Manufactures imports 63.4% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Commercial service imports 7.26 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 55.5% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Commercial service exports 9.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
Frequently asked questions
- What is travel services in Latvia?
- Travel services in Latvia was 17.1% 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 149th out of 198 countries with data for 2025.
- Is travel services rising or falling in Latvia?
- Over the last ten years it is down 6.8%. 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.