Latvia vs Nicaragua: Goods imports (BoP, current US$), per unit of GDP

Latvia
0.5266 BoP, current US$ per US$ of GDP
in 2025
Nicaragua
0.5144 BoP, current US$ per US$ of GDP
in 2024
Latvia rank
32nd
Nicaragua rank
35th

Goods imports (BoP, current US$), per unit of GDP over time

  • Latvia
  • Nicaragua
0.20.30.40.50.60.7197720012025

How they compare

Latvia currently reports 0.5266 BoP, current US$ per US$ of GDP against 0.5144 BoP, current US$ per US$ of GDP in Nicaragua, a difference of 0.0122 BoP, current US$ per US$ of GDP.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 32nd and Nicaragua ranks 35th of 199 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Nicaragua Difference Ahead
1990s 0.3689 BoP, current US$ per US$ of GDP 0.2837 BoP, current US$ per US$ of GDP 0.0853 BoP, current US$ per US$ of GDP Latvia
2000s 0.4137 BoP, current US$ per US$ of GDP 0.395 BoP, current US$ per US$ of GDP 0.0188 BoP, current US$ per US$ of GDP Latvia
2010s 0.5435 BoP, current US$ per US$ of GDP 0.5093 BoP, current US$ per US$ of GDP 0.0342 BoP, current US$ per US$ of GDP Latvia
2020s 0.5766 BoP, current US$ per US$ of GDP 0.5138 BoP, current US$ per US$ of GDP 0.0628 BoP, current US$ per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports (bop, current us$), per unit of gdp, Latvia or Nicaragua?
Latvia, at 0.5266 BoP, current US$ per US$ of GDP against 0.5144 BoP, current US$ per US$ of GDP in Nicaragua as of 2025.
What is the difference in goods imports (bop, current us$), per unit of gdp between Latvia and Nicaragua?
0.0122 BoP, current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Nicaragua?
30 years are reported by both, from 1995 to 2024.
How do Latvia and Nicaragua rank globally for goods imports (bop, current us$), per unit of gdp?
Latvia ranks 32nd and Nicaragua ranks 35th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Goods imports (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Nicaragua: Goods imports (BoP, current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us-per-unit-of-gdp/latvia/nicaragua/

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About this data

Indicator
Goods imports (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 9,704 data points, 1960–2025
Last refreshed

Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.