Money sent or brought back by migrants as a share of GDP in Latvia
Latvia: Money sent or brought back by migrants as a share of GDP was 3.0% in 2025. ◆ Volatile
Money sent or brought back by migrants as a share of GDP in Latvia, 1996–2025
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, money sent or brought back by migrants as a share of gdp in Latvia stood at 3.0%.
That represents a change of down 2.4% on the previous year and down 41.5% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Latvia peaked at 6.2% in 2009 and was at its lowest, 0.7%, in 1999.
Latvia ranks 82nd of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Money sent or brought back by migrants as a share of GDP in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 0.7% | — |
| 1997 | 0.7% | +2.4% |
| 1998 | 0.7% | -1.6% |
| 1999 | 0.7% | -6.3% |
| 2000 | 3.2% | +389.7% |
| 2001 | 3.3% | +2.8% |
| 2002 | 1.2% | -63.6% |
| 2003 | 1.4% | +15.1% |
| 2004 | 1.6% | +12.8% |
| 2005 | 2.3% | +47.1% |
| 2006 | 2.3% | +1.1% |
| 2007 | 1.9% | -20.4% |
| 2008 | 5.6% | +200.7% |
| 2009 | 6.2% | +9.8% |
| 2010 | 5.4% | -13.2% |
| 2011 | 5.7% | +5.7% |
| 2012 | 5.5% | -2.5% |
| 2013 | 5.5% | -0.4% |
| 2014 | 5.1% | -6.8% |
| 2015 | 5.1% | -1.2% |
| 2016 | 4.6% | -10.2% |
| 2017 | 4.3% | -4.8% |
| 2018 | 3.7% | -14.2% |
| 2019 | 3.5% | -7.2% |
| 2020 | 3.3% | -5.5% |
| 2021 | 3.5% | +5.8% |
| 2022 | 3.4% | -1.3% |
| 2023 | 2.9% | -15.2% |
| 2024 | 3.0% | +5.4% |
| 2025 | 3.0% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.7% | 0.7% | 4 |
| 2000s | 2.9% | 1.2% | 6.2% | 10 |
| 2010s | 4.8% | 3.5% | 5.7% | 10 |
| 2020s | 3.2% | 2.9% | 3.5% | 6 |
Countries ranked near Latvia
More population data for Latvia
- Population regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.55 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.02 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 14.87 people per km² (2100)
- Number of children under 5, by world region 31,860 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.7629 % change on previous year (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Latvia?
- Money sent or brought back by migrants as a share of gdp in Latvia was 3.0% in 2025, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Latvia?
- The highest recorded value was 6.2% in 2009.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Latvia?
- The lowest recorded value was 0.7% in 1999.
- How does Latvia rank for money sent or brought back by migrants as a share of gdp?
- Latvia ranks 82nd out of 194 countries with data for 2025.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Latvia?
- Over the last ten years it is down 41.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.