Latin America & the Caribbean (IDA & IBRD countries) vs Latvia: Merchandise imports (current US$), per unit of GDP
Merchandise imports (current US$), per unit of GDP over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Latvia
How they compare
Latvia currently reports 0.5406 current US$ per US$ of GDP against 0.2226 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.318 current US$ per US$ of GDP.
That makes Latvia's figure about 2.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 31 years both countries report, Latvia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 29th 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 & the Caribbean (IDA & IBRD countries) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1434 current US$ per US$ of GDP | 0.4027 current US$ per US$ of GDP | 0.2593 current US$ per US$ of GDP | Latvia |
| 2000s | 0.1827 current US$ per US$ of GDP | 0.473 current US$ per US$ of GDP | 0.2903 current US$ per US$ of GDP | Latvia |
| 2010s | 0.1895 current US$ per US$ of GDP | 0.5788 current US$ per US$ of GDP | 0.3893 current US$ per US$ of GDP | Latvia |
| 2020s | 0.2282 current US$ per US$ of GDP | 0.6087 current US$ per US$ of GDP | 0.3806 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$), per unit of gdp, Latin America & the Caribbean (IDA & IBRD countries) or Latvia?
- Latvia, at 0.5406 current US$ per US$ of GDP against 0.2226 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in merchandise imports (current us$), per unit of gdp between Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 0.318 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Latvia rank globally for merchandise imports (current us$), per unit of gdp?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 29th and Latvia ranks 31st of 45 groups.
- Where does this data come from?
- Statizoid (derived), published as Merchandise imports (current US$), 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.