Late-demographic dividend vs Latvia: Merchandise trade

Late-demographic dividend
43.3%
in 2025
Latvia
99.6%
in 2025
Late-demographic dividend rank
29th
Latvia rank
27th

Merchandise trade over time

  • Late-demographic dividend
  • Latvia
255075100125150196019922025

How they compare

Latvia currently reports 99.6% against 43.3% in Late-demographic dividend, a difference of 56.3%.

That makes Latvia's figure about 2.3 times Late-demographic dividend's.

Across all 31 years both countries report, Latvia has been ahead every year.

Late-demographic dividend ranks 29th and Latvia ranks 27th of 47 groups.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Late-demographic dividend Latvia Difference Ahead
1990s 42.5% 65.1% 22.6% Latvia
2000s 56.7% 75.1% 18.4% Latvia
2010s 47.3% 105.5% 58.2% Latvia
2020s 45.6% 112.9% 67.3% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, Late-demographic dividend or Latvia?
Latvia, at 99.6% against 43.3% in Late-demographic dividend as of 2025.
What is the difference in merchandise trade between Late-demographic dividend and Latvia?
56.3%, with Latvia ahead.
How many years of comparable data are there for Late-demographic dividend and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Late-demographic dividend and Latvia rank globally for merchandise trade?
Late-demographic dividend ranks 29th and Latvia ranks 27th of 47 groups.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Late-demographic dividend vs Latvia: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 08 September 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/late-demographic-dividend/latvia/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.