Total trade in low carbon technology products, Percent of GDP in Latvia
Latvia: Total trade in low carbon technology products, Percent of GDP was 2.6 in 2024. ▲ Rising
Total trade in low carbon technology products, Percent of GDP in Latvia, 1994–2024
Source: International Monetary Fund.
Analysis
Latvia recorded 2.6 for total trade in low carbon technology products, percent of gdp in 2024.
The figure is down 16.9% on the previous year and up 36.6% over ten years.
Over the whole period, total trade in low carbon technology products, percent of gdp in Latvia peaked at 3.13 in 2023 and was at its lowest, 0.562, in 1994.
Latvia ranks 50th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Total trade in low carbon technology products, Percent of GDP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.562 | — |
| 1995 | 1.1 | +95.4% |
| 1996 | 1.18 | +7.5% |
| 1997 | 1.69 | +43.5% |
| 1998 | 1.57 | -7.4% |
| 1999 | 1.38 | -12.1% |
| 2000 | 1.13 | -18.2% |
| 2001 | 1.17 | +3.4% |
| 2002 | 1.36 | +16.7% |
| 2003 | 1.37 | +1.0% |
| 2004 | 1.81 | +31.4% |
| 2005 | 1.8 | -0.3% |
| 2006 | 1.65 | -8.6% |
| 2007 | 1.72 | +4.3% |
| 2008 | 1.56 | -9.4% |
| 2009 | 1.05 | -32.5% |
| 2010 | 1.42 | +34.8% |
| 2011 | 2.34 | +65.5% |
| 2012 | 2.34 | -0.2% |
| 2013 | 2.07 | -11.4% |
| 2014 | 1.91 | -7.9% |
| 2015 | 2.32 | +21.9% |
| 2016 | 2.01 | -13.6% |
| 2017 | 2.13 | +6.2% |
| 2018 | 2.14 | +0.6% |
| 2019 | 2.25 | +4.8% |
| 2020 | 2.57 | +14.4% |
| 2021 | 2.91 | +13.2% |
| 2022 | 3.09 | +6.1% |
| 2023 | 3.13 | +1.5% |
| 2024 | 2.6 | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.25 | 0.562 | 1.69 | 6 |
| 2000s | 1.46 | 1.05 | 1.81 | 10 |
| 2010s | 2.09 | 1.42 | 2.34 | 10 |
| 2020s | 2.86 | 2.57 | 3.13 | 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 total trade in low carbon technology products, percent of gdp in Latvia?
- Total trade in low carbon technology products, percent of gdp in Latvia was 2.6 in 2024, according to International Monetary Fund.
- What is the highest total trade in low carbon technology products, percent of gdp recorded in Latvia?
- The highest recorded value was 3.13 in 2023.
- What is the lowest total trade in low carbon technology products, percent of gdp recorded in Latvia?
- The lowest recorded value was 0.562 in 1994.
- How does Latvia rank for total trade in low carbon technology products, percent of gdp?
- Latvia ranks 50th out of 177 countries with data for 2024.
- Is total trade in low carbon technology products, percent of gdp rising or falling in Latvia?
- Over the last ten years it is up 36.6%. 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 Total trade in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.