Secondary income, Credit/Revenue in Latvia

Latvia: Secondary income, Credit/Revenue was 2.06 billion in 2024. ▬ Flat

Latest (2024)
2.06 billion
Change on year
up 5.1%
World rank
97th
of 198 countries
All-time high
2.06 billion
in 2024
All-time low
1.00 billion
in 2016
Years of data
20
2005–2024

Secondary income, Credit/Revenue in Latvia, 2005–2024

0500.0M1.0B1.5B2.0B2005201420242005: 1.2B2006: 1.6B2007: 1.8B2008: 1.9B2009: 1.7B2010: 1.3B2011: 1.4B2012: 1.4B2013: 1.4B2014: 1.1B2015: 1.0B2016: 1.0B2017: 1.2B2018: 1.3B2019: 1.2B2020: 1.2B2021: 1.4B2022: 1.5B2023: 2.0B2024: 2.1B

Source: International Monetary Fund.

Analysis

The most recent figure for secondary income, credit/revenue in Latvia is 2.06 billion, measured in 2024. That is the highest value across all 20 years on record.

That represents a change of up 5.1% on the previous year and up 80.2% over ten years.

Over the whole period, secondary income, credit/revenue in Latvia peaked at 2.06 billion in 2024 and was at its lowest, 1.00 billion, in 2016.

That places Latvia 97th out of 198 countries with data for 2024, putting it in the middle of the range.

Secondary income, Credit/Revenue in Latvia, year by year

Annual values for Secondary income, Credit/Revenue (US dollar) in Latvia, 2005 to 2024.
Year Value Change
2005 1.23 billion
2006 1.62 billion +32.4%
2007 1.82 billion +12.3%
2008 1.86 billion +2.1%
2009 1.69 billion -9.4%
2010 1.28 billion -24.3%
2011 1.43 billion +11.9%
2012 1.35 billion -5.4%
2013 1.44 billion +6.6%
2014 1.14 billion -20.5%
2015 1.04 billion -9.3%
2016 1.00 billion -3.4%
2017 1.22 billion +21.5%
2018 1.28 billion +5.4%
2019 1.19 billion -7.3%
2020 1.21 billion +1.8%
2021 1.38 billion +13.6%
2022 1.54 billion +11.4%
2023 1.96 billion +27.8%
2024 2.06 billion +5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.64 billion 1.23 billion 1.86 billion 5
2010s 1.24 billion 1.00 billion 1.44 billion 10
2020s 1.63 billion 1.21 billion 2.06 billion 5

Countries ranked near Latvia

  1. 94 Slovenia 2.15 billion compare
  2. 95 Kazakhstan 2.12 billion compare
  3. 96 Republic of Moldova 2.09 billion compare
  4. 98 Uganda 2.02 billion compare
  5. 99 Lithuania 1.88 billion compare
  6. 100 Namibia 1.87 billion compare

See the full ranking of 207 places →

More financial sector data for Latvia

All data for Latvia →

Frequently asked questions

What is secondary income, credit/revenue in Latvia?
Secondary income, credit/revenue in Latvia was 2.06 billion in 2024, according to International Monetary Fund.
What is the highest secondary income, credit/revenue recorded in Latvia?
The highest recorded value was 2.06 billion in 2024.
What is the lowest secondary income, credit/revenue recorded in Latvia?
The lowest recorded value was 1.00 billion in 2016.
How does Latvia rank for secondary income, credit/revenue?
Latvia ranks 97th out of 198 countries with data for 2024.
Is secondary income, credit/revenue rising or falling in Latvia?
Over the last ten years it is up 80.2%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Secondary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Secondary income, Credit/Revenue in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/stat/secondary-income-credit-revenue-us-dollar/latvia/

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About this data

Indicator
Secondary income, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,853 data points, 2005–2024
Last refreshed

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.