Remittances, annual growth rate in Latvia

Latvia: Remittances, annual growth rate was -2.39 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-2.39 % change on previous year
Change on year
down 144.7%
World rank
108th
of 189 countries
All-time high
389.66 % change on previous year
in 2000
All-time low
-63.58 % change on previous year
in 2002
Years of data
29
1997–2025

Remittances, annual growth rate in Latvia, 1997–2025

-10001002003004001997201120251997: 2.4 % change on previous year1998: -1.6 % change on previous year1999: -6.3 % change on previous year2000: 389.7 % change on previous year2001: 2.8 % change on previous year2002: -63.6 % change on previous year2003: 15.1 % change on previous year2004: 12.8 % change on previous year2005: 47.1 % change on previous year2006: 1.1 % change on previous year2007: -20.4 % change on previous year2008: 200.7 % change on previous year2009: 9.8 % change on previous year2010: -13.2 % change on previous year2011: 5.7 % change on previous year2012: -2.5 % change on previous year2013: -0.414 % change on previous year2014: -6.8 % change on previous year2015: -1.2 % change on previous year2016: -10.2 % change on previous year2017: -4.8 % change on previous year2018: -14.2 % change on previous year2019: -7.2 % change on previous year2020: -5.5 % change on previous year2021: 5.8 % change on previous year2022: -1.3 % change on previous year2023: -15.2 % change on previous year2024: 5.4 % change on previous year2025: -2.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Latvia recorded -2.39 % change on previous year for remittances, annual growth rate in 2025.

That represents a change of down 144.7% on the previous year and down 103.0% over ten years.

Over the whole period, remittances, annual growth rate in Latvia peaked at 389.66 % change on previous year in 2000 and was at its lowest, -63.58 % change on previous year, in 2002.

Latvia ranks 108th of 189 countries on this measure, in the middle of the range.

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

Remittances, annual growth rate in Latvia, year by year

Annual values for Remittances, annual growth rate in Latvia, 1997 to 2025.
Year % change on previous year Change
1997 2.4 % change on previous year —
1998 -1.6 % change on previous year -166.9%
1999 -6.32 % change on previous year +294.0%
2000 389.66 % change on previous year -6263.7%
2001 2.84 % change on previous year -99.3%
2002 -63.58 % change on previous year -2339.1%
2003 15.1 % change on previous year -123.7%
2004 12.85 % change on previous year -14.9%
2005 47.05 % change on previous year +266.2%
2006 1.08 % change on previous year -97.7%
2007 -20.36 % change on previous year -1988.1%
2008 200.68 % change on previous year -1085.5%
2009 9.77 % change on previous year -95.1%
2010 -13.25 % change on previous year -235.5%
2011 5.75 % change on previous year -143.4%
2012 -2.46 % change on previous year -142.7%
2013 -0.4142 % change on previous year -83.1%
2014 -6.77 % change on previous year +1535.6%
2015 -1.18 % change on previous year -82.6%
2016 -10.18 % change on previous year +763.8%
2017 -4.81 % change on previous year -52.8%
2018 -14.15 % change on previous year +194.4%
2019 -7.24 % change on previous year -48.8%
2020 -5.55 % change on previous year -23.4%
2021 5.82 % change on previous year -204.9%
2022 -1.3 % change on previous year -122.3%
2023 -15.24 % change on previous year +1073.9%
2024 5.35 % change on previous year -135.1%
2025 -2.39 % change on previous year -144.7%

Latvia compared with similar countries

  • Latvia's -2.39 % change on previous year is below the median for high income countries, which is -0.999 % change on previous year, 2.4× the median. (67 countries reporting)
  • Latvia's -2.39 % change on previous year is below the median for Europe & Central Asia, which is -0.9484 % change on previous year, 2.5× the median. (50 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate 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
2000 +6263.7% -6.32 % change on previous year 389.66 % change on previous year
2002 -2339.1% 2.84 % change on previous year -63.58 % change on previous year
2007 -1988.1% 1.08 % change on previous year -20.36 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.84 % change on previous year -6.32 % change on previous year 2.4 % change on previous year 3
2000s 59.51 % change on previous year -63.58 % change on previous year 389.66 % change on previous year 10
2010s -5.47 % change on previous year -14.15 % change on previous year 5.75 % change on previous year 10
2020s -2.22 % change on previous year -15.24 % change on previous year 5.82 % change on previous year 6

Countries ranked near Latvia

  1. 105 Philippines -2.21 % change on previous year compare
  2. 106 Rwanda -2.21 % change on previous year compare
  3. 107 Belgium -2.34 % change on previous year compare
  4. 109 Jordan -2.69 % change on previous year compare
  5. 110 South Korea -2.76 % change on previous year compare
  6. 111 Saint Kitts and Nevis -2.77 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is remittances, annual growth rate in Latvia?
Remittances, annual growth rate in Latvia was -2.39 % change on previous year in 2025, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Latvia?
The highest recorded value was 389.66 % change on previous year in 2000.
What is the lowest remittances, annual growth rate recorded in Latvia?
The lowest recorded value was -63.58 % change on previous year in 2002.
How does Latvia rank for remittances, annual growth rate?
Latvia ranks 108th out of 189 countries with data for 2025.
Is remittances, annual growth rate rising or falling in Latvia?
Over the last ten years it is down 103.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/latvia/

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<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/latvia/">Remittances, annual growth rate in Latvia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.