{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"lv-services-trade-balance","url":"https://apiardata.com/statistics/lv-services-trade-balance","html_url":"https://apiardata.com/statistics/lv-services-trade-balance/","title":"Latvia International Trade in Services Balance (2025)","description":"Latvia's International Trade in Services Balance: 1,981 million EUR in 2025, -16.2% YoY. Eurostat (BOP_ITS6_DET), 2010–2025.","domain":"trade","category":"Trade & Flows","keywords":["Trade & Investment","Eurostat","Latvia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Latvia","temporal_coverage":"2010/2025","unit":"million EUR","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2025","variable_measured":"Latvia International Trade in Services Balance","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/BOP_ITS6_DET/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2010–2025"},{"label":"Observations","value":"16"},{"label":"Geography","value":"Latvia"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Latvia (2025)","value":"1,981","unit":"million EUR","trend":{"direction":"down","value":"-16.2% YoY"}},{"label":"YoY Change","value":"-16.2%","unit":"million EUR"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"16","unit":"years of data"}],"series":[{"key":"value","label":"Latvia International Trade in Services Balance"}],"observation_count":16,"observations":[{"period":"2010","value":1295},{"period":"2011","value":1461},{"period":"2012","value":1591},{"period":"2013","value":1734},{"period":"2014","value":2031},{"period":"2015","value":2059},{"period":"2016","value":2196},{"period":"2017","value":2344},{"period":"2018","value":2397},{"period":"2019","value":2559},{"period":"2020","value":1973},{"period":"2021","value":1740},{"period":"2022","value":2359},{"period":"2023","value":2164},{"period":"2024","value":2364},{"period":"2025","value":1981}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"million EUR"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"1981.0","yoyChange":"-16.2%"},{"year":"2024","value":"2364.0","yoyChange":"+9.2%"},{"year":"2023","value":"2164.0","yoyChange":"-8.3%"},{"year":"2022","value":"2359.0","yoyChange":"+35.6%"},{"year":"2021","value":"1740.0","yoyChange":"-11.8%"},{"year":"2020","value":"1973.0","yoyChange":"-22.9%"},{"year":"2019","value":"2559.0","yoyChange":"+6.8%"},{"year":"2018","value":"2397.0","yoyChange":"+2.3%"},{"year":"2017","value":"2344.0","yoyChange":"+6.7%"},{"year":"2016","value":"2196.0","yoyChange":"+6.7%"},{"year":"2015","value":"2059.0","yoyChange":"+1.4%"},{"year":"2014","value":"2031.0","yoyChange":"+17.1%"},{"year":"2013","value":"1734.0","yoyChange":"+9.0%"},{"year":"2012","value":"1591.0","yoyChange":"+8.9%"},{"year":"2011","value":"1461.0","yoyChange":"+12.8%"},{"year":"2010","value":"1295.0","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the balance on international trade in services (services exports minus imports) in Latvia from 2010 to present, in million EUR. Services trade is increasingly important for digital, financial, and professional service exporters. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2010–2025 (16 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 2,559 million EUR in 2019 and reached its lowest recorded value of 1,295 in 2010. The latest reading of 1,981 in 2025 represents a change of -16.2%."}]}