Latvia Trade to GDP Ratio 1995-2021
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 2019 was 121.09%, a 2.53% 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.
- Latvia trade to gdp ratio for 2016 was 118.89%, a 3.39% decline from 2015.
| Similar Country Ranking | |
|---|---|
| Country Name | Trade (% of GDP) |
| Luxembourg | 381.52% |
| Hong Kong | 353.23% |
| Singapore | 319.15% |
| Malta | 273.72% |
| Ireland | 239.22% |
| Slovak Republic | 184.48% |
| Seychelles | 172.26% |
| Belgium | 163.06% |
| Hungary | 161.26% |
| UAE | 160.94% |
| Slovenia | 159.03% |
| Netherlands | 156.22% |
| Lithuania | 149.69% |
| Cyprus | 144.82% |
| Czech Republic | 142.76% |
| Estonia | 141.81% |
| Latvia | 121.09% |
| Switzerland | 119.44% |
| Macao | 116.94% |
| Denmark | 109.29% |
| Brunei | 108.51% |
| Austria | 107.78% |
| Oman | 106.75% |
| Poland | 106.36% |
| Croatia | 104.17% |
| Sweden | 90.48% |
| Qatar | 90.32% |
| Germany | 87.99% |
| Portugal | 86.78% |
| Iceland | 85.92% |
| Barbados | 83.69% |
| Panama | 83.21% |
| Finland | 80.04% |
| South Korea | 77.00% |
| Bahamas | 75.92% |
| Bermuda | 75.86% |
| Greece | 74.38% |
| Norway | 72.15% |
| Spain | 66.78% |
| Canada | 64.98% |
| France | 64.52% |
| United Kingdom | 64.29% |
| Saudi Arabia | 63.66% |
| Italy | 59.96% |
| Israel | 56.77% |
| Chile | 56.76% |
| Australia | 45.71% |
| Uruguay | 41.03% |
| Argentina | 32.63% |
| United States | 26.31% |
| Latvia Trade to GDP Ratio - Historical Data | ||
|---|---|---|
| Year | Trade (% of GDP) | Annual Change |
| 2019 | 121.09% | -2.53% |
| 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% |
