Dominican Republic vs Latvia: External balance on goods and services
Dominican Republic
-4.2%
in 2025
Latvia
-4.6%
in 2025
Dominican Republic rank
102nd
Latvia rank
105th
External balance on goods and services over time
- Dominican Republic
- Latvia
How they compare
Dominican Republic currently reports -4.2% against -4.6% in Latvia, a difference of 0.4%.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Dominican Republic ahead.
Dominican Republic ranks 102nd and Latvia ranks 105th of 193 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Dominican Republic | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -4.7% | -9.2% | 4.4% | Dominican Republic |
| 2000s | -6.4% | -13.0% | 6.7% | Dominican Republic |
| 2010s | -5.9% | -2.3% | 3.6% | Latvia |
| 2020s | -7.3% | -2.7% | 4.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Dominican Republic or Latvia?
- Dominican Republic, at -4.2% against -4.6% in Latvia as of 2025.
- What is the difference in external balance on goods and services between Dominican Republic and Latvia?
- 0.4%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Dominican Republic and Latvia rank globally for external balance on goods and services?
- Dominican Republic ranks 102nd and Latvia ranks 105th of 193 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.