Latin America & Caribbean vs Latvia: Merchandise imports (current US$), per unit of GDP
Latin America & Caribbean
0.2242 current US$ per US$ of GDP
in 2025
Latvia
0.5406 current US$ per US$ of GDP
in 2025
Latin America & Caribbean rank
28th
Latvia rank
31st
Merchandise imports (current US$), per unit of GDP over time
- Latin America & Caribbean
- Latvia
How they compare
Latvia currently reports 0.5406 current US$ per US$ of GDP against 0.2242 current US$ per US$ of GDP in Latin America & Caribbean, a difference of 0.3164 current US$ per US$ of GDP.
That makes Latvia's figure about 2.4 times Latin America & Caribbean's.
Across all 31 years both countries report, Latvia has been ahead every year.
Latin America & Caribbean ranks 28th 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 | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1471 current US$ per US$ of GDP | 0.4027 current US$ per US$ of GDP | 0.2556 current US$ per US$ of GDP | Latvia |
| 2000s | 0.1863 current US$ per US$ of GDP | 0.473 current US$ per US$ of GDP | 0.2868 current US$ per US$ of GDP | Latvia |
| 2010s | 0.1938 current US$ per US$ of GDP | 0.5788 current US$ per US$ of GDP | 0.385 current US$ per US$ of GDP | Latvia |
| 2020s | 0.2295 current US$ per US$ of GDP | 0.6087 current US$ per US$ of GDP | 0.3793 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$), per unit of gdp, Latin America & Caribbean or Latvia?
- Latvia, at 0.5406 current US$ per US$ of GDP against 0.2242 current US$ per US$ of GDP in Latin America & Caribbean as of 2025.
- What is the difference in merchandise imports (current us$), per unit of gdp between Latin America & Caribbean and Latvia?
- 0.3164 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & Caribbean and Latvia rank globally for merchandise imports (current us$), per unit of gdp?
- Latin America & Caribbean ranks 28th and Latvia ranks 31st of 45 groups.
- Where does this data come from?
- Statizoid (derived), published as Merchandise imports (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.