Latvia - Exports of goods and services

Exports of goods and services (BoP, current US$)

The latest value for Exports of goods and services (BoP, current US$) in Latvia was $24,862,430,000 as of 2021. Over the past 29 years, the value for this indicator has fluctuated between $24,862,430,000 in 2021 and $1,090,400,000 in 1992.

Definition: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1992 $1,090,400,000
1993 $1,587,762,000
1994 $1,678,835,000
1995 $2,087,623,000
1996 $2,405,938,000
1997 $2,589,216,000
1998 $2,803,200,000
1999 $2,648,000,000
2000 $2,342,802,000
2001 $2,548,994,000
2002 $2,906,561,000
2003 $3,904,090,000
2004 $5,381,254,000
2005 $7,269,655,000
2006 $8,656,562,000
2007 $12,135,050,000
2008 $14,454,750,000
2009 $11,409,840,000
2010 $12,863,970,000
2011 $16,492,150,000
2012 $17,287,200,000
2013 $18,218,660,000
2014 $19,162,510,000
2015 $16,421,190,000
2016 $16,721,990,000
2017 $18,812,380,000
2018 $21,145,050,000
2019 $20,525,150,000
2020 $20,371,890,000
2021 $24,862,430,000

Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Latvia was $20,334,700,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $21,166,260,000 in 2018 and $2,000,868,000 in 1995.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $2,000,868,000
1996 $2,414,916,000
1997 $2,591,641,000
1998 $2,811,792,000
1999 $2,638,963,000
2000 $2,927,654,000
2001 $3,177,774,000
2002 $3,492,099,000
2003 $4,243,382,000
2004 $5,617,268,000
2005 $7,306,360,000
2006 $8,573,079,000
2007 $11,881,890,000
2008 $14,075,490,000
2009 $11,149,110,000
2010 $12,758,660,000
2011 $16,424,160,000
2012 $17,308,650,000
2013 $18,242,230,000
2014 $19,188,270,000
2015 $16,426,560,000
2016 $16,731,460,000
2017 $18,770,040,000
2018 $21,166,260,000
2019 $20,529,340,000
2020 $20,334,700,000

Exports of goods and services (current LCU)

The value for Exports of goods and services (current LCU) in Latvia was 17,803,160,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 18,338,370,000 in 2019 and a minimum value of 1,403,009,000 in 1995.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 1,403,009,000
1996 1,892,328,000
1997 2,142,250,000
1998 2,359,937,000
1999 2,197,201,000
2000 2,526,565,000
2001 2,839,023,000
2002 3,071,650,000
2003 3,450,294,000
2004 4,317,994,000
2005 5,870,660,000
2006 6,836,173,000
2007 8,686,849,000
2008 9,629,045,000
2009 8,020,670,000
2010 9,633,365,000
2011 11,814,800,000
2012 13,471,210,000
2013 13,739,300,000
2014 14,443,550,000
2015 14,805,200,000
2016 15,115,560,000
2017 16,615,350,000
2018 17,923,010,000
2019 18,338,370,000
2020 17,803,160,000

Exports of goods and services (constant 2010 US$)

The latest value for Exports of goods and services (constant 2010 US$) in Latvia was 18,953,540,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 19,370,650,000 in 2019 and 3,892,428,000 in 1995.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 3,892,428,000
1996 4,616,444,000
1997 5,204,947,000
1998 5,450,552,000
1999 5,104,488,000
2000 5,840,494,000
2001 6,368,339,000
2002 6,688,692,000
2003 6,954,911,000
2004 7,911,386,000
2005 9,770,922,000
2006 10,507,890,000
2007 11,964,250,000
2008 12,241,680,000
2009 10,665,650,000
2010 12,099,540,000
2011 13,624,520,000
2012 14,918,570,000
2013 15,016,930,000
2014 15,953,410,000
2015 16,426,560,000
2016 17,074,230,000
2017 18,163,050,000
2018 18,973,820,000
2019 19,370,650,000
2020 18,953,540,000

Exports of goods and services (annual % growth)

The value for Exports of goods and services (annual % growth) in Latvia was -2.15 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 23.50 in 2005 and a minimum value of -12.87 in 2009.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 18.60
1997 12.75
1998 4.72
1999 -6.35
2000 14.42
2001 9.04
2002 5.03
2003 3.98
2004 13.75
2005 23.50
2006 7.54
2007 13.86
2008 2.32
2009 -12.87
2010 13.44
2011 12.60
2012 9.50
2013 0.66
2014 6.24
2015 2.97
2016 3.94
2017 6.38
2018 4.46
2019 2.09
2020 -2.15

Exports of goods and services (constant LCU)

The value for Exports of goods and services (constant LCU) in Latvia was 17,082,760,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 17,458,700,000 in 2019 and a minimum value of 3,508,231,000 in 1995.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 3,508,231,000
1996 4,160,785,000
1997 4,691,200,000
1998 4,912,563,000
1999 4,600,657,000
2000 5,264,016,000
2001 5,739,761,000
2002 6,028,494,000
2003 6,268,436,000
2004 7,130,504,000
2005 8,806,497,000
2006 9,470,720,000
2007 10,783,330,000
2008 11,033,380,000
2009 9,612,912,000
2010 10,905,270,000
2011 12,279,730,000
2012 13,446,050,000
2013 13,534,710,000
2014 14,378,750,000
2015 14,805,200,000
2016 15,388,940,000
2017 16,370,290,000
2018 17,101,030,000
2019 17,458,700,000
2020 17,082,760,000

Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Latvia was 60.33 as of 2020. Its highest value over the past 25 years was 61.57 in 2017, while its lowest value was 34.56 in 1995.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 34.56
1996 40.42
1997 39.70
1998 39.24
1999 35.03
2000 36.78
2001 38.00
2002 36.54
2003 36.05
2004 38.91
2005 42.97
2006 39.75
2007 38.26
2008 39.26
2009 42.21
2010 53.26
2011 59.78
2012 61.44
2013 60.40
2014 61.13
2015 60.25
2016 59.58
2017 61.57
2018 61.48
2019 59.84
2020 60.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments