Croatia vs Latvia: External balance on goods and services as a percent of GDP
Croatia
-5.0%
in 2025
Latvia
-4.6%
in 2025
Croatia rank
107th
Latvia rank
105th
External balance on goods and services as a percent of GDP over time
- Croatia
- Latvia
How they compare
Latvia currently reports -4.6% against -5.0% in Croatia, a difference of 0.4%.
The two have swapped places 10 times across 31 shared years of data; in 1995 it was Latvia ahead.
Croatia ranks 107th and Latvia ranks 105th of 191 countries.
Across the 4 decades both report, Croatia averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Croatia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -8.0% | -9.2% | 1.2% | Croatia |
| 2000s | -7.9% | -13.0% | 5.2% | Croatia |
| 2010s | -0.7% | -2.3% | 1.6% | Croatia |
| 2020s | -4.7% | -2.7% | 1.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services as a percent of gdp, Croatia or Latvia?
- Latvia, at -4.6% against -5.0% in Croatia as of 2025.
- What is the difference in external balance on goods and services as a percent of gdp between Croatia and Latvia?
- 0.4%, with Latvia ahead.
- How many years of comparable data are there for Croatia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Croatia and Latvia rank globally for external balance on goods and services as a percent of gdp?
- Croatia ranks 107th and Latvia ranks 105th of 191 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.