Latin America & Caribbean (excluding high income) vs Latvia: Merchandise imports (current US$), per unit of GDP
Merchandise imports (current US$), per unit of GDP over time
- Latin America & Caribbean (excluding high income)
- Latvia
How they compare
Latvia currently reports 0.5406 current US$ per US$ of GDP against 0.2146 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.326 current US$ per US$ of GDP.
That makes Latvia's figure about 2.5 times Latin America & Caribbean (excluding high income)'s.
Across all 31 years both countries report, Latvia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 31st and Latvia ranks 31st of 45 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 | 0.1356 current US$ per US$ of GDP | 0.4027 current US$ per US$ of GDP | 0.2671 current US$ per US$ of GDP | Latvia |
| 2000s | 0.1738 current US$ per US$ of GDP | 0.473 current US$ per US$ of GDP | 0.2993 current US$ per US$ of GDP | Latvia |
| 2010s | 0.1804 current US$ per US$ of GDP | 0.5788 current US$ per US$ of GDP | 0.3984 current US$ per US$ of GDP | Latvia |
| 2020s | 0.2192 current US$ per US$ of GDP | 0.6087 current US$ per US$ of GDP | 0.3895 current US$ per US$ of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports (current us$), per unit of gdp, Latin America & Caribbean (excluding high income) or Latvia?
- Latvia, at 0.5406 current US$ per US$ of GDP against 0.2146 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in merchandise imports (current us$), per unit of gdp between Latin America & Caribbean (excluding high income) and Latvia?
- 0.326 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & Caribbean (excluding high income) and Latvia rank globally for merchandise imports (current us$), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 31st and Latvia ranks 31st of 45 groups.
- Where does this data come from?
- Statizoid (derived), published as Merchandise imports (current US$), 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 (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.