Latvia vs Rwanda: External balance on goods and services
Latvia
-2.23 billion current US$
in 2025
Rwanda
-2.22 billion current US$
in 2025
Latvia rank
132nd
Rwanda rank
131st
External balance on goods and services over time
- Latvia
- Rwanda
How they compare
Rwanda currently reports -2.22 billion current US$ against -2.23 billion current US$ in Latvia, a difference of 5.29 million current US$.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 132nd and Rwanda ranks 131st of 192 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Rwanda in 2.
Head to head by decade
| Decade | Latvia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -601.50 million current US$ | -396.08 million current US$ | 205.43 million current US$ | Rwanda |
| 2000s | -2.40 billion current US$ | -490.24 million current US$ | 1.91 billion current US$ | Rwanda |
| 2010s | -636.54 million current US$ | -1.11 billion current US$ | 477.45 million current US$ | Latvia |
| 2020s | -1.18 billion current US$ | -2.14 billion current US$ | 963.35 million current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Latvia or Rwanda?
- Rwanda, at -2.22 billion current US$ against -2.23 billion current US$ in Latvia as of 2025.
- What is the difference in external balance on goods and services between Latvia and Rwanda?
- 5.29 million current US$, with Rwanda ahead.
- How many years of comparable data are there for Latvia and Rwanda?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Rwanda rank globally for external balance on goods and services?
- Latvia ranks 132nd and Rwanda ranks 131st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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 indicator is expressed in United States dollars.