Latvia Trade Balance 1995-2022
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Latvia trade balance for 2020 was $0.39B, a 235.95% decline from 2019.
- Latvia trade balance for 2019 was $-0.29B, a 5% increase from 2018.
- Latvia trade balance for 2018 was $-0.27B, a 38.03% increase from 2017.
- Latvia trade balance for 2017 was $-0.20B, a 313.35% decline from 2016.
| Latvia Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2020 |
$0.39B |
1.16% |
| 2019 |
$-0.29B |
-0.84% |
| 2018 |
$-0.27B |
-0.79% |
| 2017 |
$-0.20B |
-0.65% |
| 2016 |
$0.09B |
0.33% |
| 2015 |
$-0.47B |
-1.72% |
| 2014 |
$-0.92B |
-2.94% |
| 2013 |
$-1.88B |
-4.33% |
| 2012 |
$-2.14B |
-5.31% |
| 2011 |
$-2.34B |
-5.74% |
| 2010 |
$-0.71B |
-2.10% |
| 2009 |
$-0.75B |
-1.99% |
| 2008 |
$-6.46B |
-12.70% |
| 2007 |
$-8.42B |
-19.08% |
| 2006 |
$-6.34B |
-20.69% |
| 2005 |
$-3.46B |
-14.33% |
| 2004 |
$-3.14B |
-15.35% |
| 2003 |
$-2.10B |
-12.54% |
| 2002 |
$-1.38B |
-10.14% |
| 2001 |
$-1.23B |
-10.38% |
| 2000 |
$-0.90B |
-7.98% |
| 1999 |
$-1.05B |
-9.82% |
| 1998 |
$-1.23B |
-12.09% |
| 1997 |
$-0.84B |
-9.05% |
| 1996 |
$-0.77B |
-9.02% |
| 1995 |
$-0.36B |
-4.74% |
