Personal remittances, received (current US$) (US UNICEF) in Latvia

Latvia: Personal remittances, received (current US$) (US UNICEF) was 1.34 billion in 2024. ◆ Volatile

Latest (2024)
1.34 billion
Change on year
up 8.4%
World rank
43rd
of 69 countries
All-time high
1.92 billion
in 2008
All-time low
40.77 million
in 1996
Years of data
29
1996–2024

Personal remittances, received in Latvia, 1996–2024

0500.0M1.0B1.5B2.0B1996201020241996: 40.8M1997: 45.7M1998: 49.4M1999: 48.6M2000: 252.2M2001: 273.7M2002: 112.6M2003: 157.5M2004: 218.6M2005: 379.1M2006: 480.1M2007: 550.5M2008: 1.9B2009: 1.6B2010: 1.3B2011: 1.5B2012: 1.5B2013: 1.6B2014: 1.6B2015: 1.3B2016: 1.2B2017: 1.3B2018: 1.2B2019: 1.1B2020: 1.1B2021: 1.3B2022: 1.3B2023: 1.2B2024: 1.3B

Source: UNICEF.

Analysis

In 2024, personal remittances, received in Latvia stood at 1.34 billion.

The figure is up 8.4% on the previous year and down 13.9% over ten years.

Over the whole period, personal remittances, received in Latvia peaked at 1.92 billion in 2008 and was at its lowest, 40.77 million, in 1996.

Latvia ranks 43rd of 69 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.

Personal remittances, received (current US$) (US UNICEF) in Latvia, year by year

Annual values for Personal remittances, received (current US$) in Latvia, 1996 to 2024.
Year Value Change
1996 40.77 million —
1997 45.71 million +12.1%
1998 49.40 million +8.1%
1999 48.60 million -1.6%
2000 252.18 million +418.9%
2001 273.69 million +8.5%
2002 112.56 million -58.9%
2003 157.50 million +39.9%
2004 218.57 million +38.8%
2005 379.05 million +73.4%
2006 480.13 million +26.7%
2007 550.49 million +14.7%
2008 1.92 billion +248.9%
2009 1.59 billion -17.4%
2010 1.26 billion -20.8%
2011 1.51 billion +19.7%
2012 1.50 billion -0.5%
2013 1.60 billion +7.1%
2014 1.55 billion -3.2%
2015 1.34 billion -14.0%
2016 1.23 billion -7.5%
2017 1.27 billion +3.2%
2018 1.24 billion -2.9%
2019 1.14 billion -7.7%
2020 1.09 billion -4.7%
2021 1.32 billion +21.0%
2022 1.29 billion -1.8%
2023 1.23 billion -4.6%
2024 1.34 billion +8.4%

Latvia compared with similar countries

  • Latvia's 1.34 billion is below the median for high income countries, which is 1.87 billion, 71% of the median. (38 countries reporting)
  • Latvia's 1.34 billion is below the median for Europe & Central Asia, which is 2.50 billion, 54% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Personal remittances, received (current US$) (US UNICEF) 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 +418.9% 48.60 million 252.18 million
2008 +248.9% 550.49 million 1.92 billion

Averages by decade

DecadeAverage LowestHighest Years
1990s 46.12 million 40.77 million 49.40 million 4
2000s 593.13 million 112.56 million 1.92 billion 10
2010s 1.36 billion 1.14 billion 1.60 billion 10
2020s 1.25 billion 1.09 billion 1.34 billion 5

Countries ranked near Latvia

  1. 40 Denmark 1.52 billion compare
  2. 41 Qatar 1.44 billion compare
  3. 42 Azerbaijan 1.35 billion compare
  4. 44 Armenia 1.28 billion compare
  5. 45 Lithuania 1.05 billion compare
  6. 46 Iran 1.03 billion compare

See the full ranking of 69 places →

More health data for Latvia

All data for Latvia →

Frequently asked questions

What is personal remittances, received in Latvia?
Personal remittances, received in Latvia was 1.34 billion in 2024, according to UNICEF.
What is the highest personal remittances, received recorded in Latvia?
The highest recorded value was 1.92 billion in 2008.
What is the lowest personal remittances, received recorded in Latvia?
The lowest recorded value was 40.77 million in 1996.
How does Latvia rank for personal remittances, received?
Latvia ranks 43rd out of 69 countries with data for 2024.
Is personal remittances, received rising or falling in Latvia?
Over the last ten years it is down 13.9%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from UNICEF, published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.

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Personal remittances, received in Latvia. Statizoid, drawing on UNICEF. Retrieved 10 November 2026, from https://health.statizoid.com/stat/personal-remittances-received-current-us-2/latvia/

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About this data

Indicator
Personal remittances, received (current US$)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
69 places, 2,423 data points, 1970–2024
Last refreshed