Secondary income, Debit/Expenditure in Latvia

Latvia: Secondary income, Debit/Expenditure was 1.14 billion in 2024. β–¬ Flat

Latest (2024)
1.14 billion
Change on year
up 9.9%
World rank
72nd
of 198 countries
All-time high
1.34 billion
in 2007
All-time low
566.42 million
in 2017
Years of data
20
2005–2024

Secondary income, Debit/Expenditure in Latvia, 2005–2024

0500.0M1.0B1.5B2005201420242005: 604.8M2006: 1.1B2007: 1.3B2008: 1.2B2009: 939.6M2010: 589.7M2011: 678.5M2012: 674.4M2013: 811.2M2014: 749.1M2015: 621.3M2016: 627.9M2017: 566.4M2018: 703.9M2019: 707.9M2020: 692.2M2021: 1.0B2022: 1.1B2023: 1.0B2024: 1.1B

Source: International Monetary Fund.

Analysis

In 2024, secondary income, debit/expenditure in Latvia stood at 1.14 billion.

The figure is up 9.9% on the previous year and up 52.7% over ten years.

Over the whole period, secondary income, debit/expenditure in Latvia peaked at 1.34 billion in 2007 and was at its lowest, 566.42 million, in 2017.

That places Latvia 72nd out of 198 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.03 billion 604.85 million 1.34 billion 5
2010s 673.04 million 566.42 million 811.24 million 10
2020s 995.70 million 692.17 million 1.14 billion 5

Countries ranked near Latvia

  1. 69 Kyrgyzstan 1.22 billion compare
  2. 70 Philippines 1.19 billion compare
  3. 71 Ecuador 1.16 billion compare
  4. 73 Mauritius 1.12 billion compare
  5. 74 Panama 1.06 billion compare
  6. 75 Uzbekistan 1.02 billion compare

See the full ranking of 207 places β†’

More trade data for Latvia

All data for Latvia β†’

Frequently asked questions

What is secondary income, debit/expenditure in Latvia?
Secondary income, debit/expenditure in Latvia was 1.14 billion in 2024, according to International Monetary Fund.
What is the highest secondary income, debit/expenditure recorded in Latvia?
The highest recorded value was 1.34 billion in 2007.
What is the lowest secondary income, debit/expenditure recorded in Latvia?
The lowest recorded value was 566.42 million in 2017.
How does Latvia rank for secondary income, debit/expenditure?
Latvia ranks 72nd out of 198 countries with data for 2024.
Is secondary income, debit/expenditure rising or falling in Latvia?
Over the last ten years it is up 52.7%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Secondary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Secondary income, Debit/Expenditure in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://trade.statizoid.com/stat/secondary-income-debit-expenditure-us-dollar/latvia/

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About this data

Indicator
Secondary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,850 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.