Remittances received — all countries

Remittances received — Latvia

Remittances received in Latvia in 2025 — 1,443,051,828 US$. Ranked 54 in the world out of 94. Since 1996, the indicator has risen by 3,439.4%.

2025 1.44B US$ +7.85% vs 2024
World rank 54of 94
Period maximum 1.92B US$2008
Period minimum 40.77M US$1996

Trend over time

1996–2025 · US$

Remittances received — Latvia, 1996–20250500M1B1.5B2B199619992002200520082011201420172020202320251996: 40,771,000 US$1997: 45,709,000 US$1998: 49,400,000 US$1999: 48,600,000 US$2000: 252,175,941 US$2001: 273,692,699 US$2002: 112,559,796 US$2003: 157,503,054 US$2004: 218,566,191 US$2005: 379,053,688 US$2006: 480,130,050 US$2007: 550,487,315 US$2008: 1,920,429,181 US$2009: 1,586,661,134 US$2010: 1,257,366,065 US$2011: 1,505,693,369 US$2012: 1,498,595,198 US$2013: 1,604,442,121 US$2014: 1,553,480,634 US$2015: 1,335,768,739 US$2016: 1,234,945,490 US$2017: 1,274,146,124 US$2018: 1,237,349,320 US$2019: 1,142,611,838 US$2020: 1,088,349,705 US$2021: 1,317,404,608 US$2022: 1,294,166,205 US$2023: 1,234,752,926 US$2024: 1,338,010,414 US$2025: 1,443,051,828 US$
Change over the period: +1.4B (+3,439.41%) Average annual rate: 13.09 %

Comparison, 2025

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

Latvia 1.44B US$
World 804B US$
Remittances received — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 1.44B +105M +7.85%
2024 1.34B +103M +8.36%
2023 1.23B −59.41M −4.59%
2022 1.29B −23.24M −1.76%
2021 1.32B +229M +21.05%
2020 1.09B −54.26M −4.75%
2019 1.14B −94.74M −7.66%
2018 1.24B −36.8M −2.89%
2017 1.27B +39.2M +3.17%
2016 1.23B −101M −7.55%
2015 1.34B −218M −14.01%
2014 1.55B −50.96M −3.18%
2013 1.6B +106M +7.06%
2012 1.5B −7.1M −0.47%
2011 1.51B +248M +19.75%
2010 1.26B −329M −20.75%
2009 1.59B −334M −17.38%
2008 1.92B +1.37B +248.86%
2007 550M +70.36M +14.65%
2006 480M +101M +26.67%
2005 379M +160M +73.43%
2004 219M +61.06M +38.77%
2003 158M +44.94M +39.93%
2002 113M −161M −58.87%
2001 274M +21.52M +8.53%
2000 252M +204M +418.88%
1999 48.6M −800,000 −1.62%
1998 49.4M +3.69M +8.07%
1997 45.71M +4.94M +12.11%
1996 40.77M

Northern Europe, 2025

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

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

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