Balance of payments by country - annual data in Latvia

Latvia: Balance of payments by country - annual data was 22,603 in 2025. ▲ Rising

Latest (2025)
22,603
Change on year
up 4.7%
World rank
31st
of 33 countries
All-time high
22,603
in 2025
All-time low
9,466
in 2013
Years of data
13
2013–2025

Balance of payments by country - annual data in Latvia, 2013–2025

05.0k10.0k15.0k20.0k25.0k2013201920252013: 9.5k2014: 10.2k2015: 10.6k2016: 11.1k2017: 12.0k2018: 13.2k2019: 13.6k2020: 13.4k2021: 16.1k2022: 20.9k2023: 20.9k2024: 21.6k2025: 22.6k

Source: Eurostat.

Analysis

In 2025, balance of payments by country - annual data in Latvia stood at 22,603. That is the highest value across all 13 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 112.7% over ten years.

Over the whole period, balance of payments by country - annual data in Latvia peaked at 22,603 in 2025 and was at its lowest, 9,466, in 2013.

That places Latvia 31st out of 33 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Balance of payments by country - annual data in Latvia, year by year

Annual values for Balance of payments by country - annual data (BPM6) in Latvia, 2013 to 2025.
Year Value Change
2013 9,466 —
2014 10,241 +8.2%
2015 10,626 +3.8%
2016 11,099 +4.5%
2017 12,015 +8.3%
2018 13,205 +9.9%
2019 13,636 +3.3%
2020 13,424 -1.6%
2021 16,106 +20.0%
2022 20,856 +29.5%
2023 20,896 +0.2%
2024 21,580 +3.3%
2025 22,603 +4.7%

Latvia compared with similar countries

  • Latvia's 22,603 is below the median for Europe & Central Asia, which is 122,086, 19% of the median. (24 countries reporting)
  • Latvia's 22,603 is below the median for high income countries, which is 110,050, 21% of the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 11,470 9,466 13,636 7
2020s 19,244 13,424 22,603 6

Countries ranked near Latvia

  1. 28 Bulgaria 40,370 compare
  2. 29 Estonia 26,985 compare
  3. 29 Estonia 26,985 compare
  4. 31 Latvia 22,603 compare
  5. 33 Cyprus 19,410 compare

See the full ranking of 33 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is balance of payments by country - annual data in Latvia?
Balance of payments by country - annual data in Latvia was 22,603 in 2025, according to Eurostat.
What is the highest balance of payments by country - annual data recorded in Latvia?
The highest recorded value was 22,603 in 2025.
What is the lowest balance of payments by country - annual data recorded in Latvia?
The lowest recorded value was 9,466 in 2013.
How does Latvia rank for balance of payments by country - annual data?
Latvia ranks 31st out of 33 countries with data for 2025.
Is balance of payments by country - annual data rising or falling in Latvia?
Over the last ten years it is up 112.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Balance of payments by country - annual data (BPM6). Statizoid updates them automatically from the source API.

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Balance of payments by country - annual data in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/balance-of-payments-by-country-annual-data-bpm6/latvia/

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About this data

Indicator
Balance of payments by country - annual data (BPM6)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
33 places, 489 data points, 2002–2025
Last refreshed