Secondary income, Debit/Expenditure (US dollar) in Latvia
Latvia: Secondary income, Debit/Expenditure (US dollar) was 1.14 billion in 2024. ▬ Flat
Secondary income, Debit/Expenditure in Latvia, 2005–2024
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.
Secondary income, Debit/Expenditure (US dollar) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 604.85 million | — |
| 2006 | 1.08 billion | +79.1% |
| 2007 | 1.34 billion | +24.0% |
| 2008 | 1.19 billion | -11.1% |
| 2009 | 939.61 million | -21.3% |
| 2010 | 589.75 million | -37.2% |
| 2011 | 678.46 million | +15.0% |
| 2012 | 674.43 million | -0.6% |
| 2013 | 811.24 million | +20.3% |
| 2014 | 749.14 million | -7.7% |
| 2015 | 621.34 million | -17.1% |
| 2016 | 627.93 million | +1.1% |
| 2017 | 566.42 million | -9.8% |
| 2018 | 703.87 million | +24.3% |
| 2019 | 707.86 million | +0.6% |
| 2020 | 692.17 million | -2.2% |
| 2021 | 1.01 billion | +45.2% |
| 2022 | 1.10 billion | +9.1% |
| 2023 | 1.04 billion | -5.1% |
| 2024 | 1.14 billion | +9.9% |
Latvia compared with similar countries
- Latvia's 1.14 billion is below the median for high income countries, which is 4.46 billion, 26% of the median. (72 countries reporting)
- Latvia's 1.14 billion is below the median for Europe & Central Asia, which is 2.73 billion, 42% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 69 Kyrgyzstan 1.22 billion compare
- 70 Philippines 1.19 billion compare
- 71 Ecuador 1.16 billion compare
- 73 Mauritius 1.12 billion compare
- 74 Panama 1.06 billion compare
- 75 Uzbekistan 1.02 billion compare
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 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.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.