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

Canada
-371.6 % change on previous year
in 2025
Latvia
-219.63 % change on previous year
in 2025
Canada rank
191st
Latvia rank
189th

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

  • Canada
  • Latvia
-500-2500250500750196219932025

How they compare

Latvia currently reports -219.63 % change on previous year against -371.6 % change on previous year in Canada, a difference of 151.97 % change on previous year.

The two have swapped places 13 times across 30 shared years of data; in 1996 it was Canada ahead.

Canada ranks 191st and Latvia ranks 189th of 192 countries.

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

Head to head by decade

Decade Canada Latvia Difference Ahead
1990s 19.01 % change on previous year -34.44 % change on previous year 53.45 % change on previous year Canada
2000s -13.17 % change on previous year -15.07 % change on previous year 1.9 % change on previous year Canada
2010s -12.73 % change on previous year -12 % change on previous year 0.7289 % change on previous year Latvia
2020s -40.95 % change on previous year 34.91 % change on previous year 75.85 % 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$), annual growth, Canada or Latvia?
Latvia, at -219.63 % change on previous year against -371.6 % change on previous year in Canada as of 2025.
What is the difference in external balance on goods and services (current us$), annual growth between Canada and Latvia?
151.97 % change on previous year, with Latvia ahead.
How many years of comparable data are there for Canada and Latvia?
30 years are reported by both, from 1996 to 2025.
How do Canada and Latvia rank globally for external balance on goods and services (current us$), annual growth?
Canada ranks 191st and Latvia ranks 189th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Latvia: External balance on goods and services (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us-annual-growth-rate/canada/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.