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

Greece
-4.5%
in 2025
Latvia
-4.6%
in 2025
Greece rank
104th
Latvia rank
105th

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

  • Greece
  • Latvia
-20-15-10-50196019922025

How they compare

Greece currently reports -4.5% against -4.6% in Latvia, a difference of 0.1%.

The two have swapped places 7 times across 31 shared years of data; in 1995 it was Latvia ahead.

Greece ranks 104th and Latvia ranks 105th of 191 countries.

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

Head to head by decade

Decade Greece Latvia Difference Ahead
1990s -8.2% -9.2% 1.0% Greece
2000s -9.9% -13.0% 3.1% Greece
2010s -2.8% -2.3% 0.5% Latvia
2020s -6.6% -2.7% 3.8% 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, Greece or Latvia?
Greece, at -4.5% 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 Greece and Latvia?
0.1%, with Greece ahead.
How many years of comparable data are there for Greece and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Greece and Latvia rank globally for external balance on goods and services as a percent of gdp?
Greece ranks 104th 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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Greece 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 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/greece/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

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