CountriesIndicatorsThis week
Country page · Updated 13 Nov 2026

Latvia

Latvia has 1.8 m people (World Bank, 2025) and an economy of $49 bn a year (World Bank, 2025). It imports all of the gas it uses (EIA, 2024, preliminary).

Written automatically from the figures on this page.

Population
1.8 m (2025)
Member of
European Union, NATO, OECD (as of 10 Nov 2026)

Boundaries: Natural Earth 1:50m, which shows who controls an area in practice. Borders shown do not imply endorsement.

1

Dependencies at a glance

Latvia imports all of the gas it uses; it exports wheat.

Imports mostImports someLow net tradeExporter
Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).
ResourceDependencePositionMain partners
OilImports mostImports 95% of the oil it uses PreliminaryEIA, use 2025 · UN Comtrade, imports 2025, United Kingdom → Latvia as reported by the exporterUnited Kingdom, India, Poland
Natural gasImports mostImports all of the gas it uses PreliminaryEIA, use 2024 · UN Comtrade, imports 2025Lithuania, Finland, Estonia
WheatExporterExports 82% of what it producesFAOSTAT, use 2024 · FAOSTAT, exports 2023Spain, Tanzania, Portugal (buyers)
MaizeExporterExports exceed recorded supplyExports can come from an earlier harvest or stocks; FAOSTAT’s yearly figures do not separate themFAOSTAT, use 2024 · FAOSTAT, exports 2023Portugal, Estonia, Finland (buyers)
RiceImports mostImports all of the rice it usesFAOSTAT, use 2024 · FAOSTAT, imports 2023Lithuania, Italy, Myanmar
SoybeansImports mostImports all of the soybeans it usesFAOSTAT, use 2024 · FAOSTAT, imports 2023Netherlands, Ukraine, Poland
PotashImports mostImports all of its potash supply EstimateFAOSTAT, supply 2017 · UN Comtrade, imports 2025Germany, Jordan, Belgium
PhosphateImports mostImports all of its phosphate supply EstimateFAOSTAT, supply 2020 · UN Comtrade, imports 2025Lithuania, Morocco, Tunisia
ArmsSupplier concentration onlyMain supplier: Finland, 35% of importsSIPRI, 2021–2025Finland, Sweden, United States
ChipsSupplier concentration onlyMain supplier: Taiwan, 37% of importsUN Comtrade, 2025Taiwan, Germany, China

Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).

  • OilImports most

    Imports 95% of the oil it uses Preliminary

    Main partners: United Kingdom, India, Poland

    EIA, use 2025 · UN Comtrade, imports 2025, United Kingdom → Latvia as reported by the exporter

  • Natural gasImports most

    Imports all of the gas it uses Preliminary

    Main partners: Lithuania, Finland, Estonia

    EIA, use 2024 · UN Comtrade, imports 2025

  • WheatExporter

    Exports 82% of what it produces

    Main partners: Spain, Tanzania, Portugal (buyers)

    FAOSTAT, use 2024 · FAOSTAT, exports 2023

  • MaizeExporter

    Exports exceed recorded supply

    Exports can come from an earlier harvest or stocks; FAOSTAT’s yearly figures do not separate them

    Main partners: Portugal, Estonia, Finland (buyers)

    FAOSTAT, use 2024 · FAOSTAT, exports 2023

  • RiceImports most

    Imports all of the rice it uses

    Main partners: Lithuania, Italy, Myanmar

    FAOSTAT, use 2024 · FAOSTAT, imports 2023

  • SoybeansImports most

    Imports all of the soybeans it uses

    Main partners: Netherlands, Ukraine, Poland

    FAOSTAT, use 2024 · FAOSTAT, imports 2023

  • PotashImports most

    Imports all of its potash supply Estimate

    Main partners: Germany, Jordan, Belgium

    FAOSTAT, supply 2017 · UN Comtrade, imports 2025

  • PhosphateImports most

    Imports all of its phosphate supply Estimate

    Main partners: Lithuania, Morocco, Tunisia

    FAOSTAT, supply 2020 · UN Comtrade, imports 2025

  • ArmsSupplier concentration only

    Main supplier: Finland, 35% of imports

    Main partners: Finland, Sweden, United States

    SIPRI, 2021–2025

  • ChipsSupplier concentration only

    Main supplier: Taiwan, 37% of imports

    Main partners: Taiwan, Germany, China

    UN Comtrade, 2025

Source: EIA; FAOSTAT; SIPRI; UN Comtradeyear in each rowUpdated 13 Nov 2026

Dependencies tool
2

Money and reserves

Latvia’s economy produced $49 bn in 2025.

GDP, 2000–2025

$0$10 bn$20 bn$30 bn$40 bn$50 bn200020052010201520202025

Source: World Bank Indicators2000–2025Updated 13 Nov 2026

Economic growth2.1%2025 · 130th of 186 · World Bank
Inflation3.7%2025 · 64th of 169 · World Bank
Unemployment6.6%2025 · 63rd of 181 · World Bank
ReservesUS$5.14billion2024 · 95th of 164 · World Bank
Trade131% of GDP2024 · 34th of 172 · World Bank
Foreign investment inUS$403million2025 · 125th of 200 · World Bank
3

People

Latvia had 1.8 m people in 2025.

Population, 1950–2100

01.0 m2.0 m3.0 m195019701990200020102030205020702100Projection
Projection: UN projection, medium variant, after 2023Range between the UN low- and high-fertility scenarios

Source: UN World Population ProspectsUpdated 13 Nov 2026Projection

Latvia’s population by age

1950200020502100
MenWomen01020304050607080901000m00m
Millions of people in each five-year age group, men left and women right. Years after 2023 are UN projections (medium variant).

Source: UN World Population Prospects1950–2100Updated 13 Nov 2026Projection

Births per woman1.342023 · 207th of 237 · UN WPP 2024
Median age43.12023 · 32nd of 237 · UN WPP 2024
Aged 65 and over22%2025, Projection, medium variant · UN WPP 2024
4

Climate and hazards

Latvia emitted 6.5 Mt of CO2 from fossil fuels and cement in 2024.

Latvia’s CO2 emissions, million tonnes, 1990–2024

0 Mt5 Mt10 Mt15 Mt20 Mt1990199520002005201020152024

Source: Our World in Data CO21990–2024Updated 13 Nov 2026

CO2 emissions6Mt2024 · 129th of 214 · Global Carbon Budget
CO2 per person3.5t2024 · 102nd of 213 · Global Carbon Budget
CO2 since 1750981Mt2024 · 83rd of 214 · Global Carbon Budget
Water stress0.62023 · 124th of 164 · WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)
5

More figures

Shown only where a source covers Latvia.

Refugees

32,941refugees and others in need of protection hosted, 2025
280from it, abroad, 2025

Source: UNHCR Refugee Data Finder2025

Sanctions

13entries on the US, EU and UK lists give it as an address or nationality: US 8, EU 2 and UK 3

Counts entries (people, companies, ships and aircraft), not how strict the measures are.

Source: US CSL; EU sanctions list; UK Sanctions ListUpdated 13 Nov 2026

Cyber incidents

8publicly known incidents affecting Latvia, 2000–2024

Counts compare documented incidents, not how often a country is targeted. Who they were attributed to

Source: EuRepoC Global Dataset of Cyber Incidents 1.3.2 (4 Mar 2025), CC BY-NC 4.02000–2024

6

All figures

52 measures on this site have a recent figure for Latvia.

GDP$49 bn202599th of 186World Bank
GDP per person$26,312202548th of 186World Bank
Economic growth2.1%2025130th of 186World Bank
Inflation3.7%202564th of 169World Bank
Government debt47%2025113th of 191IMF World Economic Outlook, October 2026
Government budget balance−4.0%2025138th of 195IMF World Economic Outlook, October 2026
Current account balance−5.3%2025144th of 194IMF World Economic Outlook, October 2026
Unemployment6.6%202563rd of 181World Bank
Reserves, including gold$5.1 bn202495th of 164World Bank
Trade131%202434th of 172World Bank
Foreign investment in$403 m2025125th of 200World Bank
Remittances received3.0%202466th of 162World Bank
Population1.8 m2025150th of 216World Bank
Population with UN projections1.9 m2023150th of 237UN WPP 2024
Births per woman1.342023207th of 237UN WPP 2024
Median age43.1202332nd of 237UN WPP 2024
Life expectancy76.22023107th of 237UN WPP 2024
Refugees from the country2802025157th of 206UNHCR
Refugees and others needing protection, by host32,941202588th of 176UNHCR
Refugees hosted per 1,000 people17.8202540th of 176UNHCR
Crude oil production0 kb/d2025100th of 214EIA
Oil consumption33 kb/d2024124th of 212EIA
Natural gas productionPreliminary202497th of 213EIA
Natural gas consumption0.8 bcm202495th of 213EIA
Electricity generated6 TWh2024119th of 193Ember
Low-carbon electricity74%202449th of 193Ember
Electricity from coal0%202482nd of 193Ember
Electricity from wind and solar13%202458th of 193Ember
Wheat production2.5 Mt202436th of 123FAOSTAT
Wheat imports0.6 Mt202458th of 180FAOSTAT
Maize production0.0 Mt2024163rd of 169FAOSTAT
Maize imports0.2 Mt202467th of 196FAOSTAT
Rice production0.0 Mt2024116th of 135FAOSTAT
Rice imports0.0 Mt2024150th of 197FAOSTAT
Soybean production0.0 Mt2024103rd of 108FAOSTAT
Soybean imports0.0 Mt2024137th of 179FAOSTAT
Potash fertiliser use0.03 Mt202475th of 199FAOSTAT
Phosphate fertiliser use0.03 Mt202475th of 199FAOSTAT
CO2 emissions6 Mt2024129th of 214Global Carbon Budget
CO2 per person3.5 t2024102nd of 213Global Carbon Budget
CO2 emitted since 1750981 Mt202483rd of 214Global Carbon Budget
Net CO2 imports through trade103%202310th of 120Global Carbon Budget
Water stress0.62023124th of 164WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)
Water from abroad52%202337th of 193FAO AQUASTAT
Military spending, share of GDP3.6%202513th of 150World Bank
Military spending$1.7 bn202566th of 150World Bank
Arms imports19 TIV m202476th of 117SIPRI
Arms exports1 TIV m202541st of 44SIPRI
People using the internet93%202442nd of 182World Bank
ICT service exports$1.5 bn202459th of 162World Bank
ICT service exports, share of service exports17%202429th of 162World Bank
Sanctions list entries (US, EU, UK)132026103rd of 181US CSL

Sources for this page

  • World Bank IndicatorsGDP, GDP per person, Economic growth, Inflation, Unemployment, Reserves, …
  • IMF World Economic Outlook, October 2026Debt, Budget balance, Current account
  • UN World Population ProspectsPopulation (UN), Births per woman, Median age, Life expectancy
  • UNHCR Refugee Data FinderRefugees from, Refugees hosted, Refugees per 1,000
  • U.S. Energy Information AdministrationOil output, Oil use, Gas output, Gas use, Dependencies at a glance
  • Ember electricity dataElectricity, Low-carbon electricity, Electricity from coal, Electricity from wind and solar
  • FAOSTATWheat production, Wheat imports, Maize production, Maize imports, Rice production, Rice imports, …
  • Our World in Data CO2CO2 emissions, CO2 per person, CO2 since 1750, Net CO2 imports through trade
  • WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)Water stress
  • FAO AQUASTATWater from abroad
  • SIPRI Arms Transfers DatabaseArms imports, Arms exports, Dependencies at a glance
  • US Consolidated Screening ListSanctions list entries, Sanctions
  • UN ComtradeDependencies at a glance
  • EU financial sanctions listSanctions
  • UK Sanctions ListSanctions
  • EuRepoC cyber incidentsCyber incidents

Page last updated 13 Nov 2026How we measure

Share

Report a correction

Which figure, and what you think it should be. A link to the source helps.
Filled in from the page you were on.

Used only to reply to you. Reports are kept in the editor’s Telegram and deleted within 90 days.