Latvia vs Libya: Merchandise trade
Merchandise trade over time
- Latvia
- Libya
How they compare
Libya currently reports 102.7% against 99.6% in Latvia, a difference of 3.1%.
The two have swapped places 7 times across 31 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 27th and Libya ranks 24th of 204 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 65.1% | 47.2% | 17.9% | Latvia |
| 2000s | 75.1% | 53.3% | 21.8% | Latvia |
| 2010s | 105.5% | 74.0% | 31.5% | Latvia |
| 2020s | 112.9% | 103.3% | 9.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Latvia or Libya?
- Libya, at 102.7% against 99.6% in Latvia as of 2025.
- What is the difference in merchandise trade between Latvia and Libya?
- 3.1%, with Libya ahead.
- How many years of comparable data are there for Latvia and Libya?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Libya rank globally for merchandise trade?
- Latvia ranks 27th and Libya ranks 24th of 204 countries.
- 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.
Individual pages
About this data
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.