Primary income, Credit/Revenue in Latvia
Latvia: Primary income, Credit/Revenue was 3.24 billion in 2024. ▲ Rising
Primary income, Credit/Revenue in Latvia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for primary income, credit/revenue in Latvia is 3.24 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 90.6% over ten years.
Over the whole period, primary income, credit/revenue in Latvia peaked at 3.24 billion in 2024 and was at its lowest, 839.39 million, in 2005.
That places Latvia 71st out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income, Credit/Revenue in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 839.39 million | — |
| 2006 | 1.13 billion | +34.3% |
| 2007 | 1.47 billion | +30.5% |
| 2008 | 1.85 billion | +26.0% |
| 2009 | 1.45 billion | -22.0% |
| 2010 | 1.26 billion | -13.1% |
| 2011 | 1.56 billion | +24.0% |
| 2012 | 1.62 billion | +4.0% |
| 2013 | 1.64 billion | +1.2% |
| 2014 | 1.70 billion | +3.7% |
| 2015 | 1.49 billion | -12.1% |
| 2016 | 1.58 billion | +6.0% |
| 2017 | 1.76 billion | +10.8% |
| 2018 | 1.76 billion | +0.4% |
| 2019 | 1.64 billion | -6.8% |
| 2020 | 1.54 billion | -6.2% |
| 2021 | 1.75 billion | +13.5% |
| 2022 | 2.02 billion | +15.7% |
| 2023 | 2.95 billion | +46.1% |
| 2024 | 3.24 billion | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.35 billion | 839.39 million | 1.85 billion | 5 |
| 2010s | 1.60 billion | 1.26 billion | 1.76 billion | 10 |
| 2020s | 2.30 billion | 1.54 billion | 3.24 billion | 5 |
Countries ranked near Latvia
More financial sector data for Latvia
- Net domestic credit (current LCU), per capita 8,595 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.3645 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -4.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.49 million SDR (2025)
- Gold reserves at market value 682.52 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.27 billion SDR (2025)
- Reserves excluding gold 3.77 billion SDR (2025)
- Total reserves (gold at market value) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (2025)
Frequently asked questions
- What is primary income, credit/revenue in Latvia?
- Primary income, credit/revenue in Latvia was 3.24 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, credit/revenue recorded in Latvia?
- The highest recorded value was 3.24 billion in 2024.
- What is the lowest primary income, credit/revenue recorded in Latvia?
- The lowest recorded value was 839.39 million in 2005.
- How does Latvia rank for primary income, credit/revenue?
- Latvia ranks 71st out of 198 countries with data for 2024.
- Is primary income, credit/revenue rising or falling in Latvia?
- Over the last ten years it is up 90.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.