Latvia: Reserves and related items (current US$, BoP)

Key figures

What the numbers say

In 2025, Latvia's reserves and related items (current US$, BoP) rose US$317.77 million on 2024 (from US$34.04 million to US$351.81 million).

Across the 30 yearly changes before that (1995 to 2024), the average change was −US$749,976 and a typical year strayed about US$1.21 billion from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$3.74 billion in 2012 and the biggest yearly fall was US$2.33 billion in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Latvia had the 71st highest value of the 134 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Latvia in the 2025 ranking

• Venezuela, RB — 67th of 134: US$410.84 million
• Paraguay — 68th of 134: US$383.58 million
• Cabo Verde — 69th of 134: US$369.03 million
• Brunei Darussalam — 71st of 134: US$339.3 million
• Azerbaijan — 72nd of 134: US$333.05 million
• Belgium — 73rd of 134: US$317 million

What this measures

Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

All 34 values

Reserves and related items (current US$, BoP) in nearby economies

• Albania — US$1.35 billion (2025)
• Armenia — US$1.4 billion (2025)
• Austria — US$1.68 billion (2025)
• Azerbaijan — US$333.05 million (2025)
• Belarus — US$2.35 billion (2025)
• Belgium — US$317 million (2025)
• Bosnia and Herzegovina — US$315.7 million (2025)
• Bulgaria — −US$3.56 billion (2025)
• Croatia — US$831.66 million (2025)
• Cyprus

More economic policy & debt data for Latvia

• Adjusted savings, education expenditure (% of GNI) — 3.81% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Net financial flows, IBRD (NFL, current US$) — −US$88.67 million (2016)
• GDP (current LCU) — 43.03 billion (2025)
• GDP, linked series (current LCU) — 43.03 billion (2025)
• GDP (constant 2015 US$) — US$31.21 billion (2025)
• GDP (constant LCU) — 32.21 billion (2025)
• GDP, PPP (current international $) — 85.25 billion (2025)
• GDP, PPP (constant 2021 international $) — 71.7 billion (2025)
• GDP per capita (current LCU) — 23,285 (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Latvia's reserves and related items (current US$, BoP)?

US$351.81 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 838.36% from US$37.49 million in 1992 (7.02% a year on average, compounded). The highest value was US$2.54 billion in 2012 and the lowest −US$1.35 billion in 2008.

How does Latvia rank?

71st highest of 134 economies with data for 2025.

Is the latest change in reserves and related items (current US$, BoP) unusual for Latvia?

In 2025, Latvia's reserves and related items (current US$, BoP) rose US$317.77 million on 2024 (from US$34.04 million to US$351.81 million). Across the 30 yearly changes before that (1995 to 2024), the average change was −US$749,976 and a typical year strayed about US$1.21 billion from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BN.RES.INCL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.