Remittances to Latvia: World Bank data
Latvia received US$1.44 billion in personal remittances in 2025, equal to 2.97% of GDP and up 7.9% on 2024, according to the World Bank. That ranks it 71st of the 132 economies with 2025 data. Personal remittances paid out of Latvia were US$672 million in 2025, 59th of the 135 economies with 2025 data.
| Received (2025) | US$1.44 billion source |
| Share of GDP (2025) | 2.97% source |
| Change since 2020 | +32.6% (from US$1.09 billion) |
| Highest year on record | 2008 (US$1.92 billion) |
| Paid out (2025) | US$672 million source |
| Region and income group | Europe & Central Asia, high income |
Remittances received by year
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Where Polynopsis fits
Remittances are paid out by banks, payout partners and mobile wallets that money transfer companies keep funded ahead of demand. Polynopsis is liquidity software for those companies: one live position across every bank, payout partner and wallet, with a warning before a corridor runs dry.
Data: World Bank, World Development Indicators (BX.TRF.PWKR.CD.DT, BX.TRF.PWKR.DT.GD.ZS, BM.TRF.PWKR.CD.DT), last updated 2026-10-08, licensed CC BY 4.0. Ranks are worked out by Polynopsis from the same data.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator