Greenland vs Latvia: External balance on goods and services
Greenland
-2.36 billion current LCU
in 2023
Latvia
-1.97 billion current LCU
in 2025
Greenland rank
98th
Latvia rank
96th
External balance on goods and services over time
- Greenland
- Latvia
How they compare
Latvia currently reports -1.97 billion current LCU against -2.36 billion current LCU in Greenland, a difference of 389.07 million current LCU.
The two have swapped places 2 times across 21 shared years of data; in 2003 it was Latvia ahead.
Greenland ranks 98th and Latvia ranks 96th of 192 countries.
Across the 3 decades both report, Greenland averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Greenland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -2.31 billion current LCU | -2.32 billion current LCU | 1.09 million current LCU | Greenland |
| 2010s | -2.73 billion current LCU | -484.48 million current LCU | 2.25 billion current LCU | Latvia |
| 2020s | -2.60 billion current LCU | -954.86 million current LCU | 1.64 billion current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Greenland or Latvia?
- Latvia, at -1.97 billion current LCU against -2.36 billion current LCU in Greenland as of 2025.
- What is the difference in external balance on goods and services between Greenland and Latvia?
- 389.07 million current LCU, with Latvia ahead.
- How many years of comparable data are there for Greenland and Latvia?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Latvia rank globally for external balance on goods and services?
- Greenland ranks 98th and Latvia ranks 96th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.