Personal remittances and foreign aid received in Latvia
Latvia: Personal remittances and foreign aid received was 1.32 billion current US$ in 2021. ◆ Volatile
Personal remittances and foreign aid received in Latvia, 1996–2021
Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.
Analysis
Latvia recorded 1.32 billion current US$ for personal remittances and foreign aid received in 2021.
Compared with earlier readings it is up 21.0% on the previous year and down 12.5% over ten years.
Over the whole period, personal remittances and foreign aid received in Latvia peaked at 1.92 billion current US$ in 2008 and was at its lowest, 40.77 million current US$, in 1996.
That places Latvia 79th out of 193 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances and foreign aid received in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1996 | 40.77 million current US$ | — |
| 1997 | 45.71 million current US$ | +12.1% |
| 1998 | 49.40 million current US$ | +8.1% |
| 1999 | 48.60 million current US$ | -1.6% |
| 2000 | 252.18 million current US$ | +418.9% |
| 2001 | 273.69 million current US$ | +8.5% |
| 2002 | 112.56 million current US$ | -58.9% |
| 2003 | 157.50 million current US$ | +39.9% |
| 2004 | 218.57 million current US$ | +38.8% |
| 2005 | 379.05 million current US$ | +73.4% |
| 2006 | 480.13 million current US$ | +26.7% |
| 2007 | 550.49 million current US$ | +14.7% |
| 2008 | 1.92 billion current US$ | +248.9% |
| 2009 | 1.59 billion current US$ | -17.4% |
| 2010 | 1.26 billion current US$ | -20.8% |
| 2011 | 1.51 billion current US$ | +19.7% |
| 2012 | 1.50 billion current US$ | -0.5% |
| 2013 | 1.60 billion current US$ | +7.1% |
| 2014 | 1.55 billion current US$ | -3.2% |
| 2015 | 1.34 billion current US$ | -14.0% |
| 2016 | 1.23 billion current US$ | -7.5% |
| 2017 | 1.27 billion current US$ | +3.2% |
| 2018 | 1.24 billion current US$ | -2.9% |
| 2019 | 1.14 billion current US$ | -7.7% |
| 2020 | 1.09 billion current US$ | -4.7% |
| 2021 | 1.32 billion current US$ | +21.0% |
Latvia compared with similar countries
- Latvia's 1.32 billion current US$ is above the median for high income countries, which is 688.87 million current US$, 1.9× the median. (67 countries reporting)
- Latvia's 1.32 billion current US$ is below the median for Europe & Central Asia, which is 2.43 billion current US$, 54% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Personal remittances and foreign aid received in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +418.9% | 48.60 million current US$ | 252.18 million current US$ |
| 2008 | +248.9% | 550.49 million current US$ | 1.92 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.12 million current US$ | 40.77 million current US$ | 49.40 million current US$ | 4 |
| 2000s | 593.13 million current US$ | 112.56 million current US$ | 1.92 billion current US$ | 10 |
| 2010s | 1.36 billion current US$ | 1.14 billion current US$ | 1.60 billion current US$ | 10 |
| 2020s | 1.20 billion current US$ | 1.09 billion current US$ | 1.32 billion current US$ | 2 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is personal remittances and foreign aid received in Latvia?
- Personal remittances and foreign aid received in Latvia was 1.32 billion current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
- What is the highest personal remittances and foreign aid received recorded in Latvia?
- The highest recorded value was 1.92 billion current US$ in 2008.
- What is the lowest personal remittances and foreign aid received recorded in Latvia?
- The lowest recorded value was 40.77 million current US$ in 1996.
- How does Latvia rank for personal remittances and foreign aid received?
- Latvia ranks 79th out of 193 countries with data for 2021.
- Is personal remittances and foreign aid received rising or falling in Latvia?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.
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About this data
Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.