Merchandise exports (current US$), per unit of GDP in Latvia
Latvia: Merchandise exports (current US$), per unit of GDP was 0.455 current US$ per US$ of GDP in 2025. ▲ Rising
Merchandise exports (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for merchandise exports (current us$), per unit of gdp in Latvia is 0.455 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 3.0% on the previous year and down 2.4% over ten years.
Over the whole period, merchandise exports (current us$), per unit of gdp in Latvia peaked at 0.6342 current US$ per US$ of GDP in 2022 and was at its lowest, 0.2327 current US$ per US$ of GDP, in 1995.
That places Latvia 33rd out of 203 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Merchandise exports (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.2327 current US$ per US$ of GDP | — |
| 1996 | 0.2488 current US$ per US$ of GDP | +6.9% |
| 1997 | 0.2633 current US$ per US$ of GDP | +5.8% |
| 1998 | 0.2597 current US$ per US$ of GDP | -1.4% |
| 1999 | 0.2352 current US$ per US$ of GDP | -9.4% |
| 2000 | 0.2407 current US$ per US$ of GDP | +2.3% |
| 2001 | 0.2443 current US$ per US$ of GDP | +1.5% |
| 2002 | 0.2471 current US$ per US$ of GDP | +1.1% |
| 2003 | 0.2573 current US$ per US$ of GDP | +4.1% |
| 2004 | 0.2899 current US$ per US$ of GDP | +12.7% |
| 2005 | 0.3165 current US$ per US$ of GDP | +9.2% |
| 2006 | 0.3012 current US$ per US$ of GDP | -4.8% |
| 2007 | 0.2824 current US$ per US$ of GDP | -6.2% |
| 2008 | 0.2972 current US$ per US$ of GDP | +5.2% |
| 2009 | 0.2998 current US$ per US$ of GDP | +0.9% |
| 2010 | 0.4062 current US$ per US$ of GDP | +35.5% |
| 2011 | 0.4941 current US$ per US$ of GDP | +21.6% |
| 2012 | 0.5204 current US$ per US$ of GDP | +5.3% |
| 2013 | 0.4963 current US$ per US$ of GDP | -4.6% |
| 2014 | 0.486 current US$ per US$ of GDP | -2.1% |
| 2015 | 0.4664 current US$ per US$ of GDP | -4.0% |
| 2016 | 0.4534 current US$ per US$ of GDP | -2.8% |
| 2017 | 0.4806 current US$ per US$ of GDP | +6.0% |
| 2018 | 0.4862 current US$ per US$ of GDP | +1.2% |
| 2019 | 0.4745 current US$ per US$ of GDP | -2.4% |
| 2020 | 0.4894 current US$ per US$ of GDP | +3.2% |
| 2021 | 0.5456 current US$ per US$ of GDP | +11.5% |
| 2022 | 0.6342 current US$ per US$ of GDP | +16.2% |
| 2023 | 0.5282 current US$ per US$ of GDP | -16.7% |
| 2024 | 0.4692 current US$ per US$ of GDP | -11.2% |
| 2025 | 0.455 current US$ per US$ of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.248 current US$ per US$ of GDP | 0.2327 current US$ per US$ of GDP | 0.2633 current US$ per US$ of GDP | 5 |
| 2000s | 0.2776 current US$ per US$ of GDP | 0.2407 current US$ per US$ of GDP | 0.3165 current US$ per US$ of GDP | 10 |
| 2010s | 0.4764 current US$ per US$ of GDP | 0.4062 current US$ per US$ of GDP | 0.5204 current US$ per US$ of GDP | 10 |
| 2020s | 0.5203 current US$ per US$ of GDP | 0.455 current US$ per US$ of GDP | 0.6342 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 30 Congo 0.4599 current US$ per US$ of GDP compare
- 31 Eswatini 0.4592 current US$ per US$ of GDP compare
- 32 Kuwait 0.4585 current US$ per US$ of GDP compare
- 34 Estonia 0.4461 current US$ per US$ of GDP compare
- 35 Belarus 0.4432 current US$ per US$ of GDP compare
- 36 American Samoa 0.4397 current US$ per US$ of GDP compare
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
- Merchandise exports (current US$), annual growth rate 7.16 % change on previous year (2025)
- Merchandise imports (current US$), per capita 14,225 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports (current us$), per unit of gdp in Latvia?
- Merchandise exports (current us$), per unit of gdp in Latvia was 0.455 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.6342 current US$ per US$ of GDP in 2022.
- What is the lowest merchandise exports (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.2327 current US$ per US$ of GDP in 1995.
- How does Latvia rank for merchandise exports (current us$), per unit of gdp?
- Latvia ranks 33rd out of 203 countries with data for 2025.
- Is merchandise exports (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports World Trade Organization (WTO)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.