Goods, Debit/Expenditure in Latvia, Republic of

Latvia, Republic of: Goods, Debit/Expenditure was 23.37 billion in 2024. β–² Rising

Latest (2024)
23.37 billion
Change on year
down 3.1%
World rank
76th
of 198 countries
All-time high
26.07 billion
in 2022
All-time low
8.11 billion
in 2005
Years of data
20
2005–2024

Goods, Debit/Expenditure in Latvia, Republic of, 2005–2024

10.0B15.0B20.0B25.0B2005201420242005: 8.1B2006: 11.1B2007: 15.0B2008: 15.4B2009: 9.3B2010: 11.0B2011: 15.4B2012: 16.1B2013: 16.7B2014: 17.3B2015: 14.2B2016: 13.9B2017: 15.9B2018: 17.8B2019: 17.2B2020: 17.2B2021: 22.4B2022: 26.1B2023: 24.1B2024: 23.4B

Source: International Monetary Fund.

Analysis

The most recent figure for goods, debit/expenditure in Latvia, Republic of is 23.37 billion, measured in 2024.

That represents a change of down 3.1% on the previous year and up 35.3% over ten years.

Over the whole period, goods, debit/expenditure in Latvia, Republic of peaked at 26.07 billion in 2022 and was at its lowest, 8.11 billion, in 2005.

Latvia, Republic of ranks 76th of 198 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.78 billion 8.11 billion 15.40 billion 5
2010s 15.56 billion 11.02 billion 17.81 billion 10
2020s 22.63 billion 17.17 billion 26.07 billion 5

Countries ranked near Latvia, Republic of

  1. 73 Ecuador 27.89 billion compare
  2. 74 Panama 25.14 billion compare
  3. 75 Jordan 23.95 billion compare
  4. 77 Libya 23.23 billion compare
  5. 78 Costa Rica 23.13 billion compare
  6. 79 Kenya 22.18 billion compare

See the full ranking of 207 places β†’

More trade data for Latvia, Republic of

All data for Latvia, Republic of β†’

Frequently asked questions

What is goods, debit/expenditure in Latvia, Republic of?
Goods, debit/expenditure in Latvia, Republic of was 23.37 billion in 2024, according to International Monetary Fund.
What is the highest goods, debit/expenditure recorded in Latvia, Republic of?
The highest recorded value was 26.07 billion in 2022.
What is the lowest goods, debit/expenditure recorded in Latvia, Republic of?
The lowest recorded value was 8.11 billion in 2005.
How does Latvia, Republic of rank for goods, debit/expenditure?
Latvia, Republic of ranks 76th out of 198 countries with data for 2024.
Is goods, debit/expenditure rising or falling in Latvia, Republic of?
Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
Where does this Latvia, Republic of data come from?
The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Goods, Debit/Expenditure in Latvia, Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/latvia/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.