Service exports in current prices

(US dollars)

In 2017, service exports in Latvia was 5,530 million US dollars. In the ranking by service exports including 154 countries, Latvia has the 114th rank that is close to the positions of such countries as Estonia and the Slovenia. Compared to Germany which at the top of the ranking with service exports of 308,677 million US dollars in 2017, Latvia has 98.21 % percent lower service exports.

The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›

Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)