Latvia - Trade in services (% of GDP)

Trade in services (% of GDP) in Latvia was 23.45 as of 2020. Its highest value over the past 25 years was 32.32 in 1996, while its lowest value was 16.69 in 1995.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 16.69
1996 32.32
1997 27.70
1998 28.40
1999 25.02
2000 20.06
2001 19.74
2002 18.90
2003 22.13
2004 22.16
2005 23.93
2006 23.55
2007 23.15
2008 24.24
2009 25.73
2010 26.53
2011 27.62
2012 26.84
2013 26.41
2014 26.43
2015 27.32
2016 27.97
2017 28.64
2018 28.62
2019 28.47
2020 23.45

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments