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Services trade by enterprise characteristics (STEC), LV

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National Reference Metadata in Single Integrated Metadata Structure (SIMS)

Compiling agency: Central Statistical Bureau of Latvia

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Services Trade by Enterprise Characteristics (STEC) statistics provide information on the types of enterprises engaged in international trade in services and show how enterprises in different industries supply services and how this relates to their primary activity. STEC disclose additional insights into trade statistics, by allowing the profiling of the enterprises according to selected characteristics such as number of employees, type of ownership and economic activity.

29 August 2025

The activity breakdown follows the Statistical classification of economic activities (NACE Rev 2) and covers:

  • · Total;
  • · Aggregates of NACE Sections:
    • A+B - Agriculture, forestry, and fishing; mining and quarrying,
    • D+E - Electricity, gas, steam, and air conditioning supply; water supply; sewerage, waste management and remediation activities,
    • I+L+O+P+Q+R+S+T+U - Accommodation and food service activities; real estate activities; public administration, defence; compulsory social security; education; human health and social work activities; other services.
  • · NACE Sections:
    • C - Manufacturing,
    • F - Construction,
    • G - Wholesale and retail trade; repair of motor vehicles and motorcycles,
    • H - Transportation and storage,
    • J - Information and communication,
    • K - Financial and insurance activities,
    • M - Professional, scientific, and technical activities,
    • N - Administrative and support service activities.

The product breakdown follows the Extended Balance of Payments Services Classification 2010 (EBOPS 2010) and covers the EBOPS 2010 main items:

1. Manufacturing services on physical inputs owned by others

2. Maintenance and repair services n.i.e.

3. Transport

4. Travel

5. Construction

6. Insurance and pension services

7. Financial services

8. Charges for the use of intellectual property n.i.e.

9. Telecommunications, computer, and information services

10. Other business services

 10.1. Research and development services

 10.2. Professional and management consulting services

 10.3. Technical, trade-related, and other business services

11. Personal, cultural and recreational services

12. Government goods and services, n.i.e.

Enterprise.

The activity breakdown covers NACE sections from A to U.

The product breakdown covers EBOPS 2010 main items.

Latvia

Calendar year.

Not applicable.

The data are presented in thousands of Euro.

Statistics is compiled by types of activity according to NACE Rev. 2, by size classes according to the number of persons employed, products (EBOPS 2010) and type of control. 

Direct linking to statistical business register is done by the unique identification numbers of the enterprises.

STEC datasets were compiled following the EBOPS classification. Therefore it was necessary to convert source data based on BPM classification to EBOPS categories. Correspondence table was used to convert data.

However, for some reason not all enterprises in the ITS can be successfully linked with the SBR and the FATS. This is partly because the ITS  is drawn at a certain point in time, which means that some of the enterprises in the ITS could have expired and are therefore not in the SBR anymore. For the FATS, the main reason for non-linking is the threshold in the SBR, that defines enterprises in the ITS  as non-active enterprises, which means that they will not be in the FATS.

Micro linking of services traders with the SBR provided some challenges. It was not possible to link directly entities like tourists and private individuals, non-residents, some government institutions, financial mediation and investment funds with the SBR.  

Another problem occurred when the linking of trader was successful but some indicators were missing from the SBR for the reference year. If the economic activity not available the current value was used.

Allocation of trade of services between intra-EU and extra-EU data created some problems because source data contained trade with international organizations that were lacking country code. Such trade was recorded case by case.

If linking was not possible, the indicators were marked as “unknown”.

  1. Latvijas Banka (The Bank of Latvia) collects data about the international trade of services for balance of payments purposes. Latvijas Banka is responsible for the compilation and dissemination of international trade of services statistics (ITSS). The ITSS detailed data on enterprise level is transmitted to Central Statistical Bureau of Latvia for the compilation of STEC data.

The trade of services data contains the following indicators:

    • Reference year
    • Registration code (ID)
    • Trade flow (Export, Import)
    • Balance of payments code
    • Balance of payments description
    • Country code (Partner country)
    • Currency code
    • Value

2. The Statistical Business Register (SBR) maintained by Central Statistical Bureau of Latvia and contains various indicators about enterprises. 

Following variables for STEC are included in SBR:

    • Unique Identification Number  
    • Economic activity (NACE code)
    • Size of enterprise (Number of employees and self-employed persons)
    • Type of ownership (Code of the ownership and legal form)

3. The FATS statistics is the main source for information on type of ownership, but if those data are not available, the Business Register is the alternative source.

4. Structural Business Statistics (SBS) data contain size class, that are also used applied when STEC data are compiled.

Annual.

Annual STEC data are reported 18 months after the end of the reference period. 

The data are comparable with the data of other European Union countries.

Not applicable.