Primary income, Debit/Expenditure in Latvia
Latvia: Primary income, Debit/Expenditure was 4.15 billion in 2024. ▲ Rising
Primary income, Debit/Expenditure in Latvia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income, debit/expenditure in Latvia stood at 4.15 billion. That is the highest value across all 20 years on record.
That represents a change of up 4.9% on the previous year and up 147.5% over ten years.
Over the whole period, primary income, debit/expenditure in Latvia peaked at 4.15 billion in 2024 and was at its lowest, -154.28 million, in 2009.
Latvia ranks 82nd 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.
Primary income, Debit/Expenditure in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.01 billion | — |
| 2006 | 1.74 billion | +72.1% |
| 2007 | 2.66 billion | +53.4% |
| 2008 | 2.74 billion | +2.9% |
| 2009 | -154.28 million | -105.6% |
| 2010 | 1.06 billion | -786.0% |
| 2011 | 1.59 billion | +50.3% |
| 2012 | 1.79 billion | +12.4% |
| 2013 | 1.74 billion | -2.5% |
| 2014 | 1.68 billion | -3.8% |
| 2015 | 1.63 billion | -2.7% |
| 2016 | 1.63 billion | -0.2% |
| 2017 | 1.83 billion | +12.4% |
| 2018 | 2.32 billion | +26.5% |
| 2019 | 2.11 billion | -8.9% |
| 2020 | 1.51 billion | -28.3% |
| 2021 | 2.48 billion | +63.8% |
| 2022 | 2.70 billion | +9.1% |
| 2023 | 3.96 billion | +46.4% |
| 2024 | 4.15 billion | +4.9% |
Latvia compared with similar countries
- Latvia's 4.15 billion is below the median for high income countries, which is 15.71 billion, 26% of the median. (72 countries reporting)
- Latvia's 4.15 billion is below the median for Europe & Central Asia, which is 14.58 billion, 28% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Primary income, Debit/Expenditure 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 |
|---|---|---|---|
| 2010 | +786.0% | -154.28 million | 1.06 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.60 billion | -154.28 million | 2.74 billion | 5 |
| 2010s | 1.74 billion | 1.06 billion | 2.32 billion | 10 |
| 2020s | 2.96 billion | 1.51 billion | 4.15 billion | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.53 (2024)
- Imports of low carbon technology products, US dollar (World), per 356.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0151 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 467.61 million (2024)
Frequently asked questions
- What is primary income, debit/expenditure in Latvia?
- Primary income, debit/expenditure in Latvia was 4.15 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, debit/expenditure recorded in Latvia?
- The highest recorded value was 4.15 billion in 2024.
- What is the lowest primary income, debit/expenditure recorded in Latvia?
- The lowest recorded value was -154.28 million in 2009.
- How does Latvia rank for primary income, debit/expenditure?
- Latvia ranks 82nd out of 198 countries with data for 2024.
- Is primary income, debit/expenditure rising or falling in Latvia?
- Over the last ten years it is up 147.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.