Latvia vs Thailand: Merchandise exports by the reporting economy (current US$), per unit

Latvia
0.5274 current US$ per US$ of GDP
in 2023
Thailand
0.5422 current US$ per US$ of GDP
in 2023
Latvia rank
25th
Thailand rank
22nd

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

  • Latvia
  • Thailand
00.20.40.6196019912023

How they compare

Thailand currently reports 0.5422 current US$ per US$ of GDP against 0.5274 current US$ per US$ of GDP in Latvia, a difference of 0.0148 current US$ per US$ of GDP.

The two have swapped places 2 times across 29 shared years of data; in 1995 it was Thailand ahead.

Latvia ranks 25th and Thailand ranks 22nd of 202 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Thailand in 3.

Head to head by decade

Decade Latvia Thailand Difference Ahead
1990s 0.2453 current US$ per US$ of GDP 0.3806 current US$ per US$ of GDP 0.1352 current US$ per US$ of GDP Thailand
2000s 0.2756 current US$ per US$ of GDP 0.5557 current US$ per US$ of GDP 0.2801 current US$ per US$ of GDP Thailand
2010s 0.4734 current US$ per US$ of GDP 0.5298 current US$ per US$ of GDP 0.0564 current US$ per US$ of GDP Thailand
2020s 0.5481 current US$ per US$ of GDP 0.5236 current US$ per US$ of GDP 0.0245 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$), per unit, Latvia or Thailand?
Thailand, at 0.5422 current US$ per US$ of GDP against 0.5274 current US$ per US$ of GDP in Latvia as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), per unit between Latvia and Thailand?
0.0148 current US$ per US$ of GDP, with Thailand ahead.
How many years of comparable data are there for Latvia and Thailand?
29 years are reported by both, from 1995 to 2023.
How do Latvia and Thailand rank globally for merchandise exports by the reporting economy (current us$), per unit?
Latvia ranks 25th and Thailand ranks 22nd of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Thailand: Merchandise exports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/latvia/thailand/

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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.