Latvia vs Luxembourg: Merchandise imports by the reporting economy
Latvia
27.34 billion current US$
in 2023
Luxembourg
26.22 billion current US$
in 2023
Latvia rank
72nd
Luxembourg rank
73rd
Merchandise imports by the reporting economy over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports 27.34 billion current US$ against 26.22 billion current US$ in Luxembourg, a difference of 1.12 billion current US$.
The two have swapped places 1 time across 27 shared years of data; in 1997 it was Luxembourg ahead.
Latvia ranks 72nd and Luxembourg ranks 73rd of 206 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.95 billion current US$ | 10.14 billion current US$ | 7.18 billion current US$ | Luxembourg |
| 2000s | 8.44 billion current US$ | 20.58 billion current US$ | 12.14 billion current US$ | Luxembourg |
| 2010s | 16.58 billion current US$ | 25.05 billion current US$ | 8.47 billion current US$ | Luxembourg |
| 2020s | 24.92 billion current US$ | 25.13 billion current US$ | 207.03 million current US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, Latvia or Luxembourg?
- Latvia, at 27.34 billion current US$ against 26.22 billion current US$ in Luxembourg as of 2023.
- What is the difference in merchandise imports by the reporting economy between Latvia and Luxembourg?
- 1.12 billion current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 27 years are reported by both, from 1997 to 2023.
- How do Latvia and Luxembourg rank globally for merchandise imports by the reporting economy?
- Latvia ranks 72nd and Luxembourg ranks 73rd of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.