Guatemala vs Latvia: Merchandise imports by the reporting economy

Guatemala
30.32 billion current US$
in 2023
Latvia
27.34 billion current US$
in 2023
Guatemala rank
70th
Latvia rank
72nd

Merchandise imports by the reporting economy over time

  • Guatemala
  • Latvia
010.0B20.0B30.0B196019912023

How they compare

Guatemala currently reports 30.32 billion current US$ against 27.34 billion current US$ in Latvia, a difference of 2.98 billion current US$.

That makes Guatemala's figure about 1.1 times Latvia's.

The two have swapped places 8 times across 33 shared years of data; in 1989 it was Guatemala ahead.

Guatemala ranks 70th and Latvia ranks 72nd of 206 countries.

Guatemala has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Guatemala Latvia Difference Ahead
1980s 1.61 billion current US$ 3,000 current US$ 1.61 billion current US$ Guatemala
1990s 3.55 billion current US$ 1.98 billion current US$ 1.57 billion current US$ Guatemala
2000s 9.50 billion current US$ 8.44 billion current US$ 1.07 billion current US$ Guatemala
2010s 17.47 billion current US$ 16.58 billion current US$ 886.44 million current US$ Guatemala
2020s 26.79 billion current US$ 24.92 billion current US$ 1.86 billion current US$ Guatemala

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, Guatemala or Latvia?
Guatemala, at 30.32 billion current US$ against 27.34 billion current US$ in Latvia as of 2023.
What is the difference in merchandise imports by the reporting economy between Guatemala and Latvia?
2.98 billion current US$, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Latvia?
33 years are reported by both, from 1989 to 2023.
How do Guatemala and Latvia rank globally for merchandise imports by the reporting economy?
Guatemala ranks 70th and Latvia ranks 72nd of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guatemala vs Latvia: Merchandise imports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 31 August 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us/guatemala/latvia/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.