Latin America & the Caribbean (IDA & IBRD countries) vs Latvia: Merchandise imports by the reporting economy (current US$), per unit
Merchandise imports by the reporting economy (current US$), per unit over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Latvia
How they compare
Latvia currently reports 0.6391 current US$ per US$ of GDP against 0.215 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.4241 current US$ per US$ of GDP.
That makes Latvia's figure about 3.0 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 29 years both countries report, Latvia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 26th 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 & the Caribbean (IDA & IBRD countries) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.143 current US$ per US$ of GDP | 0.3994 current US$ per US$ of GDP | 0.2564 current US$ per US$ of GDP | Latvia |
| 2000s | 0.1799 current US$ per US$ of GDP | 0.4707 current US$ per US$ of GDP | 0.2907 current US$ per US$ of GDP | Latvia |
| 2010s | 0.1872 current US$ per US$ of GDP | 0.5787 current US$ per US$ of GDP | 0.3915 current US$ per US$ of GDP | Latvia |
| 2020s | 0.2303 current US$ per US$ of GDP | 0.6518 current US$ per US$ of GDP | 0.4215 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$), per unit, Latin America & the Caribbean (IDA & IBRD countries) or Latvia?
- Latvia, at 0.6391 current US$ per US$ of GDP against 0.215 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
- What is the difference in merchandise imports by the reporting economy (current us$), per unit between Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 0.4241 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 29 years are reported by both, from 1995 to 2023.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Latvia rank globally for merchandise imports by the reporting economy (current us$), per unit?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th and Latvia ranks 28th of 44 groups.
- Where does this data come from?
- Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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.