Latvia Trade to GDP Ratio 1995-2022
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Latvia trade to gdp ratio for 2020 was 119.40%, a 1.87% decline from 2019.
- Latvia trade to gdp ratio for 2019 was 121.26%, a 2.36% decline from 2018.
- Latvia trade to gdp ratio for 2018 was 123.62%, a 0.28% decline from 2017.
- Latvia trade to gdp ratio for 2017 was 123.90%, a 5.01% increase from 2016.
| Similar Country Ranking | |
|---|---|
| Country Name | Trade (% of GDP) |
| Luxembourg | 390.33% |
| Hong Kong | 351.66% |
| Singapore | 320.56% |
| Malta | 271.55% |
| Ireland | 225.31% |
| Seychelles | 188.58% |
| Slovak Republic | 170.61% |
| Belgium | 160.71% |
| Hungary | 157.17% |
| Slovenia | 147.54% |
| Netherlands | 147.14% |
| Cyprus | 141.52% |
| Estonia | 139.50% |
| Lithuania | 138.50% |
| Czech Republic | 136.09% |
| Macao | 126.68% |
| Latvia | 119.40% |
| Switzerland | 116.02% |
| Brunei | 110.20% |
| Poland | 104.50% |
| Denmark | 102.20% |
| Austria | 101.47% |
| Croatia | 90.55% |
| Antigua and Barbuda | 88.63% |
| Sweden | 84.08% |
| Germany | 81.81% |
| Portugal | 75.37% |
| Finland | 71.34% |
| Greece | 71.33% |
| South Korea | 70.08% |
| Iceland | 68.80% |
| Norway | 65.30% |
| Canada | 59.97% |
| Spain | 59.77% |
| France | 58.30% |
| Chile | 57.84% |
| Italy | 55.32% |
| United Kingdom | 55.09% |
| Israel | 52.31% |
| Saudi Arabia | 50.60% |
| Uruguay | 46.37% |
| Australia | 43.98% |
| Argentina | 30.50% |
| Latvia Trade to GDP Ratio - Historical Data | ||
|---|---|---|
| Year | Trade (% of GDP) | Annual Change |
| 2020 | 119.40% | -1.87% |
| 2019 | 121.26% | -2.36% |
| 2018 | 123.62% | -0.28% |
| 2017 | 123.90% | 5.01% |
| 2016 | 118.89% | -3.39% |
| 2015 | 122.28% | -2.99% |
| 2014 | 125.27% | 1.07% |
| 2013 | 124.20% | -3.32% |
| 2012 | 127.53% | 6.02% |
| 2011 | 121.51% | 12.51% |
| 2010 | 109.00% | 22.28% |
| 2009 | 86.72% | -4.71% |
| 2008 | 91.43% | -4.30% |
| 2007 | 95.73% | -4.65% |
| 2006 | 100.38% | -0.12% |
| 2005 | 100.50% | 7.14% |
| 2004 | 93.35% | 8.58% |
| 2003 | 84.77% | 1.46% |
| 2002 | 83.31% | -3.17% |
| 2001 | 86.48% | 4.85% |
| 2000 | 81.63% | 1.68% |
| 1999 | 79.95% | -10.69% |
| 1998 | 90.64% | 2.12% |
| 1997 | 88.53% | -1.40% |
| 1996 | 89.93% | 16.02% |
| 1995 | 73.91% | 16.02% |
