Foreign aid given as grants and concessional loans in Latvia

Latvia: Foreign aid given as grants and concessional loans was 88.24 million in 2024. ◆ Volatile

Latest (2024)
88.24 million
Change on year
down 38.7%
World rank
41st
of 49 countries
All-time high
167.74 million
in 2022
All-time low
2.08 million
in 2003
Years of data
23
2002–2024

Foreign aid given as grants and concessional loans in Latvia, 2002–2024

050.0M100.0M150.0M2002201320242002: 4.0M2003: 2.1M2004: 17.4M2005: 20.9M2006: 21.1M2007: 21.4M2008: 24.8M2009: 26.4M2010: 20.9M2011: 23.3M2012: 27.2M2013: 28.9M2014: 30.4M2015: 33.1M2016: 43.0M2017: 43.4M2018: 43.1M2019: 43.5M2020: 49.3M2021: 54.0M2022: 167.7M2023: 143.9M2024: 88.2M

Source: Our World in Data.

Analysis

Latvia recorded 88.24 million for foreign aid given as grants and concessional loans in 2024.

The figure is down 38.7% on the previous year and up 190.0% over ten years.

Over the whole period, foreign aid given as grants and concessional loans in Latvia peaked at 167.74 million in 2022 and was at its lowest, 2.08 million, in 2003.

Latvia ranks 41st of 49 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Foreign aid given as grants and concessional loans in Latvia, year by year

Annual values for Foreign aid given as grants and concessional loans in Latvia, 2002 to 2024.
Year Value Change
2002 4.00 million —
2003 2.08 million -48.0%
2004 17.44 million +738.7%
2005 20.93 million +20.0%
2006 21.06 million +0.6%
2007 21.45 million +1.9%
2008 24.82 million +15.7%
2009 26.38 million +6.2%
2010 20.94 million -20.6%
2011 23.31 million +11.3%
2012 27.23 million +16.8%
2013 28.94 million +6.3%
2014 30.42 million +5.1%
2015 33.11 million +8.8%
2016 42.99 million +29.9%
2017 43.43 million +1.0%
2018 43.12 million -0.7%
2019 43.50 million +0.9%
2020 49.34 million +13.4%
2021 53.96 million +9.4%
2022 167.74 million +210.9%
2023 143.86 million -14.2%
2024 88.24 million -38.7%

Latvia compared with similar countries

  • Latvia's 88.24 million is below the median for high income countries, which is 1.21 billion, 7% of the median. (44 countries reporting)
  • Latvia's 88.24 million is below the median for Europe & Central Asia, which is 656.60 million, 13% of the median. (35 countries reporting)

Biggest year-on-year movements

Years where Foreign aid given as grants and concessional loans in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 +738.7% 2.08 million 17.44 million
2022 +210.9% 53.96 million 167.74 million

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.27 million 2.08 million 26.38 million 8
2010s 33.70 million 20.94 million 43.50 million 10
2020s 100.63 million 49.34 million 167.74 million 5

Countries ranked near Latvia

  1. 38 Hungary 163.59 million compare
  2. 39 Bulgaria 144.23 million compare
  3. 40 Iceland 110.22 million compare
  4. 42 Estonia 83.73 million compare
  5. 43 Kuwait 79.59 million compare
  6. 44 Malta 63.90 million compare

See the full ranking of 49 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is foreign aid given as grants and concessional loans in Latvia?
Foreign aid given as grants and concessional loans in Latvia was 88.24 million in 2024, according to Our World in Data.
What is the highest foreign aid given as grants and concessional loans recorded in Latvia?
The highest recorded value was 167.74 million in 2022.
What is the lowest foreign aid given as grants and concessional loans recorded in Latvia?
The lowest recorded value was 2.08 million in 2003.
How does Latvia rank for foreign aid given as grants and concessional loans?
Latvia ranks 41st out of 49 countries with data for 2024.
Is foreign aid given as grants and concessional loans rising or falling in Latvia?
Over the last ten years it is up 190.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Our World in Data, published as part of Foreign aid given as grants and concessional loans. Statizoid updates them automatically from the source API.

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Foreign aid given as grants and concessional loans in Latvia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/foreign-aid-given-as-grants-and-concessional-loans/latvia/

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About this data

Indicator
Foreign aid given as grants and concessional loans
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 2,011 data points, 1960–2024
Last refreshed