Total reserves in months of imports (reserves International Financial) in Latvia
Latvia: Total reserves in months of imports (reserves International Financial) was 2.01 in 2025. ▼ Falling
Total reserves in months of imports in Latvia, 1993–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2025, total reserves in months of imports in Latvia stood at 2.01.
Compared with earlier readings it is up 7.8% on the previous year and down 10.4% over ten years.
Over the whole period, total reserves in months of imports in Latvia peaked at 7.17 in 2009 and was at its lowest, 1.57, in 2022.
Latvia ranks 139th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Total reserves in months of imports (reserves International Financial) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 4.99 | — |
| 1994 | 4.63 | -7.2% |
| 1995 | 3.22 | -30.5% |
| 1996 | 3.07 | -4.7% |
| 1997 | 3.13 | +2.2% |
| 1998 | 2.77 | -11.6% |
| 1999 | 3.19 | +15.2% |
| 2000 | 3.76 | +17.9% |
| 2001 | 4.35 | +15.6% |
| 2002 | 4.12 | -5.2% |
| 2003 | 3.32 | -19.4% |
| 2004 | 2.94 | -11.5% |
| 2005 | 2.64 | -10.0% |
| 2006 | 3.65 | +38.1% |
| 2007 | 3.37 | -7.6% |
| 2008 | 2.93 | -13.0% |
| 2009 | 7.17 | +144.7% |
| 2010 | 6.34 | -11.6% |
| 2011 | 3.88 | -38.9% |
| 2012 | 4.38 | +12.9% |
| 2013 | 4.44 | +1.5% |
| 2014 | 1.78 | -60.0% |
| 2015 | 2.24 | +26.1% |
| 2016 | 2.31 | +2.9% |
| 2017 | 2.66 | +15.2% |
| 2018 | 2.25 | -15.2% |
| 2019 | 2.39 | +6.0% |
| 2020 | 2.95 | +23.4% |
| 2021 | 2.28 | -22.6% |
| 2022 | 1.57 | -31.0% |
| 2023 | 1.77 | +12.5% |
| 2024 | 1.86 | +5.2% |
| 2025 | 2.01 | +7.8% |
Latvia compared with similar countries
- Latvia's 2.01 is below the median for high income countries, which is 3.58, 56% of the median. (62 countries reporting)
- Latvia's 2.01 is below the median for Europe & Central Asia, which is 3.5, 57% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Total reserves in months of imports (reserves International Financial) 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 |
|---|---|---|---|
| 2009 | +144.7% | 2.93 | 7.17 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.57 | 2.77 | 4.99 | 7 |
| 2000s | 3.82 | 2.64 | 7.17 | 10 |
| 2010s | 3.27 | 1.78 | 6.34 | 10 |
| 2020s | 2.07 | 1.57 | 2.95 | 6 |
Countries ranked near Latvia
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 total reserves in months of imports in Latvia?
- Total reserves in months of imports in Latvia was 2.01 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Latvia?
- The highest recorded value was 7.17 in 2009.
- What is the lowest total reserves in months of imports recorded in Latvia?
- The lowest recorded value was 1.57 in 2022.
- How does Latvia rank for total reserves in months of imports?
- Latvia ranks 139th out of 179 countries with data for 2025.
- Is total reserves in months of imports rising or falling in Latvia?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].