Latvia - Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Latvia was 18,308,030,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 18,770,710,000 in 2019 and a minimum value of 4,025,789,000 in 1995.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 4,025,789,000
1996 5,101,872,000
1997 5,333,225,000
1998 6,227,477,000
1999 5,903,349,000
2000 6,061,236,000
2001 7,009,171,000
2002 7,199,184,000
2003 8,053,380,000
2004 9,716,867,000
2005 11,374,100,000
2006 13,862,590,000
2007 16,281,080,000
2008 14,467,420,000
2009 9,997,791,000
2010 11,278,100,000
2011 13,847,300,000
2012 14,573,870,000
2013 14,555,310,000
2014 14,981,580,000
2015 15,228,710,000
2016 15,771,770,000
2017 17,120,510,000
2018 18,222,100,000
2019 18,770,710,000
2020 18,308,030,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts