What is the difference in external balance on goods and services as a percent of gdp between Dominican Republic and Latvia?

0.4%, with Dominican Republic ahead.

How many years of comparable data are there for Dominican Republic and Latvia?

31 years are reported by both, from 1995 to 2025.

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.

Dominican Republic vs Latvia: External balance on goods and services as a percent of GDP

Dominican Republic

-4.2%

in 2025

Latvia

-4.6%

in 2025

Dominican Republic rank

102nd

Latvia rank

105th

External balance on goods and services as a percent of GDP over time

Dominican Republic
Latvia

How they compare

Dominican Republic currently reports -4.2% against -4.6% in Latvia, a difference of 0.4%.

The two have swapped places 4 times across 31 shared years of data; in 1995 it was Dominican Republic ahead.

Dominican Republic ranks 102nd and Latvia ranks 105th of 191 countries.

Across the 4 decades both report, Dominican Republic averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade	Dominican Republic	Latvia	Difference	Ahead
1990s	-4.7%	-9.2%	4.4%	Dominican Republic
2000s	-6.4%	-13.0%	6.7%	Dominican Republic
2010s	-5.9%	-2.3%	3.6%	Latvia
2020s	-7.3%	-2.7%	4.6%	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, Dominican Republic or Latvia?: Dominican Republic, at -4.2% against -4.6% in Latvia as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Dominican Republic and Latvia?: 0.4%, with Dominican Republic ahead.
How many years of comparable data are there for Dominican Republic and Latvia?: 31 years are reported by both, from 1995 to 2025.
How do Dominican Republic and Latvia rank globally for external balance on goods and services as a percent of gdp?: Dominican Republic ranks 102nd 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.

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Dominican Republic vs Latvia: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/dominican-republic/latvia/

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About this data

Indicator: External balance on goods and services as a percent of GDP
Unit: % of GDP
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 191 places, 9,006 data points, 1960–2025
Last refreshed: 28 August 2026

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.