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

Latin America & Caribbean (excluding high income)
0.2092 current US$ per US$ of GDP
in 2023
Latvia
0.6391 current US$ per US$ of GDP
in 2023
Latin America & Caribbean (excluding high income) rank
28th
Latvia rank
28th

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

  • Latin America & Caribbean (excluding high income)
  • Latvia
00.20.40.60.8196019912023

How they compare

Latvia currently reports 0.6391 current US$ per US$ of GDP against 0.2092 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.4299 current US$ per US$ of GDP.

That makes Latvia's figure about 3.1 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 28th and Latvia ranks 28th 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 0.137 current US$ per US$ of GDP 0.3994 current US$ per US$ of GDP 0.2624 current US$ per US$ of GDP Latvia
2000s 0.1731 current US$ per US$ of GDP 0.4707 current US$ per US$ of GDP 0.2975 current US$ per US$ of GDP Latvia
2010s 0.1809 current US$ per US$ of GDP 0.5787 current US$ per US$ of GDP 0.3978 current US$ per US$ of GDP Latvia
2020s 0.2246 current US$ per US$ of GDP 0.6518 current US$ per US$ of GDP 0.4272 current US$ per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per unit, Latin America & Caribbean (excluding high income) or Latvia?
Latvia, at 0.6391 current US$ per US$ of GDP against 0.2092 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Latin America & Caribbean (excluding high income) and Latvia?
0.4299 current US$ 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 imports by the reporting economy (current us$), per unit?
Latin America & Caribbean (excluding high income) ranks 28th and Latvia ranks 28th of 44 groups.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Latin America & Caribbean (excluding high income) vs Latvia: Merchandise imports 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-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-caribbean-excluding-high-income/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-caribbean-excluding-high-income/latvia/">Latin America & Caribbean (excluding high income) vs Latvia: Merchandise imports by the reporting economy (current US$), per unit</a> — Statizoid

About this data

Indicator
Merchandise imports 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, 12,916 data points, 1960–2023
Last refreshed

Merchandise imports 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.