Which has higher external balance on goods and services, Greece or Latvia?

Greece, at -4.5% against -4.6% in Latvia as of 2025.

How many years of comparable data are there for Greece and Latvia?

31 years are reported by both, from 1995 to 2025.

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.

Greece vs Latvia: External balance on goods and services

Greece

-4.5%

in 2025

Latvia

-4.6%

in 2025

Greece rank

104th

Latvia rank

105th

External balance on goods and services over time

Greece
Latvia

How they compare

Greece currently reports -4.5% against -4.6% in Latvia, a difference of 0.1%.

The two have swapped places 7 times across 31 shared years of data; in 1995 it was Latvia ahead.

Greece ranks 104th and Latvia ranks 105th of 193 countries.

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

Head to head by decade

Decade	Greece	Latvia	Difference	Ahead
1990s	-8.2%	-9.2%	1.0%	Greece
2000s	-9.9%	-13.0%	3.1%	Greece
2010s	-2.8%	-2.3%	0.5%	Latvia
2020s	-6.6%	-2.7%	3.8%	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Greece or Latvia?: Greece, at -4.5% against -4.6% in Latvia as of 2025.
What is the difference in external balance on goods and services between Greece and Latvia?: 0.1%, with Greece ahead.
How many years of comparable data are there for Greece and Latvia?: 31 years are reported by both, from 1995 to 2025.
How do Greece and Latvia rank globally for external balance on goods and services?: Greece ranks 104th 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.

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Greece vs Latvia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/greece/latvia/

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About this data

Indicator: External balance on goods and services (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 237 places, 11,345 data points, 1960–2025
Last refreshed: 03 September 2026

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.