Latvia vs Nicaragua: Merchandise imports (current US$), per unit of GDP

Latvia
0.5406 current US$ per US$ of GDP
in 2025
Nicaragua
0.5591 current US$ per US$ of GDP
in 2025
Latvia rank
31st
Nicaragua rank
28th

Merchandise imports (current US$), per unit of GDP over time

  • Latvia
  • Nicaragua
0.20.40.60.8196019922025

How they compare

Nicaragua currently reports 0.5591 current US$ per US$ of GDP against 0.5406 current US$ per US$ of GDP in Latvia, a difference of 0.0185 current US$ per US$ of GDP.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 31st and Nicaragua ranks 28th of 203 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Nicaragua in 1.

Head to head by decade

Decade Latvia Nicaragua Difference Ahead
1990s 0.4027 current US$ per US$ of GDP 0.3078 current US$ per US$ of GDP 0.0949 current US$ per US$ of GDP Latvia
2000s 0.473 current US$ per US$ of GDP 0.4388 current US$ per US$ of GDP 0.0342 current US$ per US$ of GDP Latvia
2010s 0.5788 current US$ per US$ of GDP 0.5688 current US$ per US$ of GDP 0.0099 current US$ per US$ of GDP Latvia
2020s 0.6087 current US$ per US$ of GDP 0.615 current US$ per US$ of GDP 0.0063 current US$ per US$ of GDP Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports (current us$), per unit of gdp, Latvia or Nicaragua?
Nicaragua, at 0.5591 current US$ per US$ of GDP against 0.5406 current US$ per US$ of GDP in Latvia as of 2025.
What is the difference in merchandise imports (current us$), per unit of gdp between Latvia and Nicaragua?
0.0185 current US$ per US$ of GDP, with Nicaragua ahead.
How many years of comparable data are there for Latvia and Nicaragua?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Nicaragua rank globally for merchandise imports (current us$), per unit of gdp?
Latvia ranks 31st and Nicaragua ranks 28th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Nicaragua: Merchandise imports (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-current-us-per-unit-of-gdp/latvia/nicaragua/

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About this data

Indicator
Merchandise imports (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
250 places, 13,931 data points, 1960–2025
Last refreshed

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.