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 2.97 in 2025. ◆ Volatile

Latest (2025)
2.97
Change on year
down 2.4%
World rank
82nd
of 194 countries
All-time high
6.18
in 2009
All-time low
0.6636
in 1999
Years of data
30
1996–2025

Money sent or brought back by migrants as a share of gdp in Latvia, 1996–2025

02461996201020251996: 0.7031997: 0.721998: 0.7081999: 0.6642000: 3.22001: 3.32002: 1.22003: 1.42004: 1.62005: 2.32006: 2.32007: 1.92008: 5.62009: 6.22010: 5.42011: 5.72012: 5.52013: 5.52014: 5.12015: 5.12016: 4.62017: 4.32018: 3.72019: 3.52020: 3.32021: 3.52022: 3.42023: 2.92024: 32025: 3

Source: Our World in Data.

Analysis

In 2025, money sent or brought back by migrants as a share of gdp in Latvia stood at 2.97.

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 6.18 in 2009 and was at its lowest, 0.6636, 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

Annual values for Money sent or brought back by migrants as a share of gdp in Latvia, 1996 to 2025.
Year Value Change
1996 0.703 —
1997 0.7199 +2.4%
1998 0.7083 -1.6%
1999 0.6636 -6.3%
2000 3.25 +389.7%
2001 3.34 +2.8%
2002 1.22 -63.6%
2003 1.4 +15.1%
2004 1.58 +12.8%
2005 2.32 +47.1%
2006 2.35 +1.1%
2007 1.87 -20.4%
2008 5.63 +200.7%
2009 6.18 +9.8%
2010 5.36 -13.2%
2011 5.67 +5.7%
2012 5.53 -2.5%
2013 5.5 -0.4%
2014 5.13 -6.8%
2015 5.07 -1.2%
2016 4.55 -10.2%
2017 4.34 -4.8%
2018 3.72 -14.2%
2019 3.45 -7.2%
2020 3.26 -5.5%
2021 3.45 +5.8%
2022 3.41 -1.3%
2023 2.89 -15.2%
2024 3.04 +5.4%
2025 2.97 -2.4%

Latvia compared with similar countries

  • Latvia's 2.97 is above the median for high income countries, which is 0.7013, 4.2× the median. (69 countries reporting)
  • Latvia's 2.97 is above the median for Europe & Central Asia, which is 1.4, 2.1× the median. (50 countries reporting)

Biggest year-on-year movements

Years where Money sent or brought back by migrants as a share of gdp 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.

YearChange FromTo
2000 +389.7% 0.6636 3.25
2008 +200.7% 1.87 5.63
2002 -63.6% 3.34 1.22

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6987 0.6636 0.7199 4
2000s 2.91 1.22 6.18 10
2010s 4.83 3.45 5.67 10
2020s 3.17 2.89 3.45 6

Countries ranked near Latvia

  1. 79 Bhutan 3.28 compare
  2. 80 Guyana 3.22 compare
  3. 81 Paraguay 3.1 compare
  4. 83 Somalia 2.95
  5. 84 Sudan 2.9 compare
  6. 85 Colombia 2.87 compare

See the full ranking of 194 places →

More population data for Latvia

All data for Latvia →

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 2.97 in 2025, according to 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 6.18 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 0.6636 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 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.

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Money sent or brought back by migrants as a share of gdp in Latvia. Statizoid, drawing on Our World in Data. Retrieved 11 November 2026, from https://population.statizoid.com/stat/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/latvia/

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About this data

Indicator
Money sent or brought back by migrants as a share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed