Latvia vs Lower middle income: Merchandise imports by the reporting economy (current US$), per unit

Latvia
0.6391 current US$ per US$ of GDP
in 2023
Lower middle income
0.2061 current US$ per US$ of GDP
in 2023
Latvia rank
28th
Lower middle income rank
30th

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

  • Latvia
  • Lower middle income
00.20.40.60.8196019912023

How they compare

Latvia currently reports 0.6391 current US$ per US$ of GDP against 0.2061 current US$ per US$ of GDP in Lower middle income, a difference of 0.433 current US$ per US$ of GDP.

That makes Latvia's figure about 3.1 times Lower middle income's.

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

Latvia ranks 28th and Lower middle income ranks 30th of 202 countries.

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

Head to head by decade

Decade Latvia Lower middle income Difference Ahead
1990s 0.3994 current US$ per US$ of GDP 0.1399 current US$ per US$ of GDP 0.2595 current US$ per US$ of GDP Latvia
2000s 0.4707 current US$ per US$ of GDP 0.1793 current US$ per US$ of GDP 0.2914 current US$ per US$ of GDP Latvia
2010s 0.5787 current US$ per US$ of GDP 0.2167 current US$ per US$ of GDP 0.362 current US$ per US$ of GDP Latvia
2020s 0.6518 current US$ per US$ of GDP 0.1951 current US$ per US$ of GDP 0.4567 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$), per unit, Latvia or Lower middle income?
Latvia, at 0.6391 current US$ per US$ of GDP against 0.2061 current US$ per US$ of GDP in Lower middle income as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Latvia and Lower middle income?
0.433 current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Lower middle income?
29 years are reported by both, from 1995 to 2023.
How do Latvia and Lower middle income rank globally for merchandise imports by the reporting economy (current us$), per unit?
Latvia ranks 28th and Lower middle income ranks 30th of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Lower middle income: Merchandise imports 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-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latvia/lower-middle-income/

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<a href="https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latvia/lower-middle-income/">Latvia vs Lower middle income: 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.