Latin America & Caribbean (excluding high income) vs Latvia: Merchandise exports by the reporting economy (current US$), per unit

Latin America & Caribbean (excluding high income)
0.199 current US$ per US$ of GDP
in 2023
Latvia
0.5274 current US$ per US$ of GDP
in 2023
Latin America & Caribbean (excluding high income) rank
26th
Latvia rank
25th

Merchandise exports by the reporting economy (current US$), per unit over time

  • Latin America & Caribbean (excluding high income)
  • Latvia
00.20.40.6196019912023

How they compare

Latvia currently reports 0.5274 current US$ per US$ of GDP against 0.199 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.3284 current US$ per US$ of GDP.

That makes Latvia's figure about 2.7 times Latin America & Caribbean (excluding high income)'s.

Across all 29 years both countries report, Latvia has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 26th and Latvia ranks 25th of 44 groups.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Latvia Difference Ahead
1990s 0.1182 current US$ per US$ of GDP 0.2453 current US$ per US$ of GDP 0.1271 current US$ per US$ of GDP Latvia
2000s 0.1716 current US$ per US$ of GDP 0.2756 current US$ per US$ of GDP 0.1039 current US$ per US$ of GDP Latvia
2010s 0.1722 current US$ per US$ of GDP 0.4734 current US$ per US$ of GDP 0.3013 current US$ per US$ of GDP Latvia
2020s 0.2132 current US$ per US$ of GDP 0.5481 current US$ per US$ of GDP 0.3349 current US$ per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), per unit, Latin America & Caribbean (excluding high income) or Latvia?
Latvia, at 0.5274 current US$ per US$ of GDP against 0.199 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), per unit between Latin America & Caribbean (excluding high income) and Latvia?
0.3284 current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Latvia?
29 years are reported by both, from 1995 to 2023.
How do Latin America & Caribbean (excluding high income) and Latvia rank globally for merchandise exports by the reporting economy (current us$), per unit?
Latin America & Caribbean (excluding high income) ranks 26th and Latvia ranks 25th of 44 groups.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean (excluding high income) vs Latvia: Merchandise exports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-caribbean-excluding-high-income/latvia/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.