Remittances paid — all countries

Remittances paid — Latvia

Remittances paid in Latvia in 2025 — 672,178,653 US$. Ranked 47 in the world out of 95. Since 1992, the indicator has risen by 299,939.6%.

2025 672M US$ +16.54% vs 2024
World rank 47of 95
Period maximum 791M US$2008
Period minimum 224,030 US$1992

Trend over time

1992–2025 · US$

Remittances paid — Latvia, 1992–20250200M400M600M800M1992199620002004200820122016202020241992: 224,030 US$1993: 354,000 US$1994: 2,088,000 US$1995: 1,238,000 US$1996: 2,168,000 US$1997: 4,600,000 US$1998: 7,700,000 US$1999: 7,600,000 US$2000: 131,509,463 US$2001: 142,426,404 US$2002: 3,778,528 US$2003: 4,524,125 US$2004: 8,698,274 US$2005: 17,345,244 US$2006: 25,148,128 US$2007: 41,190,569 US$2008: 791,452,699 US$2009: 571,395,003 US$2010: 314,819,935 US$2011: 357,550,718 US$2012: 337,561,105 US$2013: 376,424,514 US$2014: 292,327,331 US$2015: 273,065,661 US$2016: 233,810,560 US$2017: 202,640,898 US$2018: 238,603,497 US$2019: 240,536,845 US$2020: 174,638,567 US$2021: 397,963,583 US$2022: 593,085,476 US$2023: 477,771,414 US$2024: 576,778,155 US$2025: 672,178,653 US$
Change over the period: +672M (+299,939.57%) Average annual rate: 27.46 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 672M US$
World 526B US$
Remittances paid — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 672M +95.4M +16.54%
2024 577M +99.01M +20.72%
2023 478M −115M −19.44%
2022 593M +195M +49.03%
2021 398M +223M +127.88%
2020 175M −65.9M −27.4%
2019 241M +1.93M +0.81%
2018 239M +35.96M +17.75%
2017 203M −31.17M −13.33%
2016 234M −39.26M −14.38%
2015 273M −19.26M −6.59%
2014 292M −84.1M −22.34%
2013 376M +38.86M +11.51%
2012 338M −19.99M −5.59%
2011 358M +42.73M +13.57%
2010 315M −257M −44.9%
2009 571M −220M −27.8%
2008 791M +750M +1,821.44%
2007 41.19M +16.04M +63.79%
2006 25.15M +7.8M +44.99%
2005 17.35M +8.65M +99.41%
2004 8.7M +4.17M +92.26%
2003 4.52M +745,597 +19.73%
2002 3.78M −139M −97.35%
2001 142M +10.92M +8.3%
2000 132M +124M +1,630.39%
1999 7.6M −100,000 −1.3%
1998 7.7M +3.1M +67.39%
1997 4.6M +2.43M +112.18%
1996 2.17M +930,000 +75.12%
1995 1.24M −850,000 −40.71%
1994 2.09M +1.73M +489.83%
1993 354,000 +129,970 +58.01%
1992 224,030

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.