Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Latvia
Latvia: Imports of goods, Volume, Cost insurance freight (CIF), Percent change was 3.2 in 2031. ◆ Volatile
Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Latvia, 1993–2031
Source: International Monetary Fund.
Analysis
The most recent figure for imports of goods, volume, cost insurance freight (cif), percent change in Latvia is 3.2, measured in 2031.
That represents a change of down 78.9% over ten years.
Over the whole period, imports of goods, volume, cost insurance freight (cif), percent change in Latvia peaked at 29.32 in 1995 and was at its lowest, -30.89, in 2009.
That places Latvia 13th out of 25 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | -11.89 | — |
| 1994 | 16.14 | -235.7% |
| 1995 | 29.32 | +81.6% |
| 1996 | 13.53 | -53.8% |
| 1997 | 15.77 | +16.5% |
| 1998 | 19.34 | +22.7% |
| 1999 | -2.7 | -114.0% |
| 2000 | 2.67 | -199.1% |
| 2001 | 15.57 | +482.0% |
| 2002 | 2.7 | -82.7% |
| 2003 | 11.79 | +336.4% |
| 2004 | 20.63 | +75.1% |
| 2005 | 16.97 | -17.7% |
| 2006 | 21.77 | +28.2% |
| 2007 | 17.42 | -20.0% |
| 2008 | -11.22 | -164.4% |
| 2009 | -30.89 | +175.2% |
| 2010 | 12.74 | -141.2% |
| 2011 | 22.58 | +77.2% |
| 2012 | 5.22 | -76.9% |
| 2013 | -0.1273 | -102.4% |
| 2014 | 3 | -2455.0% |
| 2015 | 1.01 | -66.2% |
| 2016 | 4.19 | +313.4% |
| 2017 | 8.56 | +104.4% |
| 2018 | 6.33 | -26.1% |
| 2019 | 2.03 | -68.0% |
| 2020 | -1.12 | -155.4% |
| 2021 | 15.14 | -1448.4% |
| 2022 | 9.91 | -34.5% |
| 2023 | -5.04 | -150.9% |
| 2024 | -1.77 | -64.9% |
| 2025 | 5.72 | -423.0% |
| 2026 | 3.1 | -45.8% |
| 2027 | 3.2 | +3.2% |
| 2028 | 3.2 | +0.0% |
| 2029 | 3.1 | -3.1% |
| 2030 | 3.2 | +3.2% |
| 2031 | 3.2 | +0.0% |
Latvia compared with similar countries
- Latvia's 3.2 is above the median for high income countries, which is 2.99, 1.1× the median. (12 countries reporting)
- Latvia's 3.2 is above the median for Europe & Central Asia, which is 2.82, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Imports of goods, Volume, Cost insurance freight (CIF), Percent change 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 |
|---|---|---|---|
| 2014 | +2455.0% | -0.1273 | 3 |
| 2021 | +1448.4% | -1.12 | 15.14 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.36 | -11.89 | 29.32 | 7 |
| 2000s | 6.74 | -30.89 | 21.77 | 10 |
| 2010s | 6.55 | -0.1273 | 22.58 | 10 |
| 2020s | 3.54 | -5.04 | 15.14 | 10 |
| 2030s | 3.2 | 3.2 | 3.2 | 2 |
Countries ranked near Latvia
- 10 Poland 3.34 compare
- 11 Dominican Republic 3.31 compare
- 12 Estonia 3.31 compare
- 14 Iran, Islamic Republic of 3.1 compare
- 15 Thailand 3.02 compare
- 16 Hong Kong, China 2.77 compare
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (2025)
Frequently asked questions
- What is imports of goods, volume, cost insurance freight (cif), percent change in Latvia?
- Imports of goods, volume, cost insurance freight (cif), percent change in Latvia was 3.2 in 2031, according to International Monetary Fund.
- What is the highest imports of goods, volume, cost insurance freight (cif), percent change recorded in Latvia?
- The highest recorded value was 29.32 in 1995.
- What is the lowest imports of goods, volume, cost insurance freight (cif), percent change recorded in Latvia?
- The lowest recorded value was -30.89 in 2009.
- How does Latvia rank for imports of goods, volume, cost insurance freight (cif), percent change?
- Latvia ranks 13th out of 25 countries with data for 2031.
- Is imports of goods, volume, cost insurance freight (cif), percent change rising or falling in Latvia?
- Over the last ten years it is down 78.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods, Volume, Cost insurance freight (CIF), Percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.