Belgium vs Latvia: External balance on goods and services (current US$), annual growth

Belgium
-465.28 % change on previous year
in 2025
Latvia
-219.63 % change on previous year
in 2025
Belgium rank
192nd
Latvia rank
189th

External balance on goods and services (current US$), annual growth over time

  • Belgium
  • Latvia
-500-2500250500750197119982025

How they compare

Latvia currently reports -219.63 % change on previous year against -465.28 % change on previous year in Belgium, a difference of 245.65 % change on previous year.

The two have swapped places 19 times across 29 shared years of data; in 1996 it was Belgium ahead.

Belgium ranks 192nd and Latvia ranks 189th of 192 countries.

Across the 4 decades both report, Belgium averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Belgium Latvia Difference Ahead
1990s -1.22 % change on previous year -34.44 % change on previous year 33.23 % change on previous year Belgium
2000s 19.91 % change on previous year -15.07 % change on previous year 34.98 % change on previous year Belgium
2010s 15.2 % change on previous year -10.12 % change on previous year 25.32 % change on previous year Belgium
2020s -61.03 % change on previous year 34.91 % change on previous year 95.94 % change on previous year Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services (current us$), annual growth, Belgium or Latvia?
Latvia, at -219.63 % change on previous year against -465.28 % change on previous year in Belgium as of 2025.
What is the difference in external balance on goods and services (current us$), annual growth between Belgium and Latvia?
245.65 % change on previous year, with Latvia ahead.
How many years of comparable data are there for Belgium and Latvia?
29 years are reported by both, from 1996 to 2025.
How do Belgium and Latvia rank globally for external balance on goods and services (current us$), annual growth?
Belgium ranks 192nd and Latvia ranks 189th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Latvia: External balance on goods and services (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us-annual-growth-rate/belgium/latvia/

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About this data

Indicator
External balance on goods and services (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,628 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.