Latvia vs Upper middle income: Merchandise trade
Merchandise trade over time
- Latvia
- Upper middle income
How they compare
Latvia currently reports 99.6% against 42.8% in Upper middle income, a difference of 56.8%.
That makes Latvia's figure about 2.3 times Upper middle income's.
Across all 31 years both countries report, Latvia has been ahead every year.
Latvia ranks 27th and Upper middle income ranks 31st of 204 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 65.1% | 37.1% | 27.9% | Latvia |
| 2000s | 75.1% | 50.2% | 24.8% | Latvia |
| 2010s | 105.5% | 43.2% | 62.3% | Latvia |
| 2020s | 112.9% | 42.4% | 70.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Latvia or Upper middle income?
- Latvia, at 99.6% against 42.8% in Upper middle income as of 2025.
- What is the difference in merchandise trade between Latvia and Upper middle income?
- 56.8%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Upper middle income?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Upper middle income rank globally for merchandise trade?
- Latvia ranks 27th and Upper middle income ranks 31st 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.