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

Latvia
0.5266 BoP, current US$ per US$ of GDP
in 2025
World
0.2094 BoP, current US$ per US$ of GDP
in 2025
Latvia rank
32nd
World rank
32nd

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

  • Latvia
  • World
0.20.40.6197920022025

How they compare

Latvia currently reports 0.5266 BoP, current US$ per US$ of GDP against 0.2094 BoP, current US$ per US$ of GDP in World, a difference of 0.3172 BoP, current US$ per US$ of GDP.

That makes Latvia's figure about 2.5 times World's.

Across all 31 years both countries report, Latvia has been ahead every year.

Latvia ranks 32nd and World ranks 32nd of 199 countries.

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

Head to head by decade

Decade Latvia World Difference Ahead
1990s 0.3689 BoP, current US$ per US$ of GDP 0.1626 BoP, current US$ per US$ of GDP 0.2063 BoP, current US$ per US$ of GDP Latvia
2000s 0.4137 BoP, current US$ per US$ of GDP 0.2024 BoP, current US$ per US$ of GDP 0.2114 BoP, current US$ per US$ of GDP Latvia
2010s 0.5435 BoP, current US$ per US$ of GDP 0.2179 BoP, current US$ per US$ of GDP 0.3256 BoP, current US$ per US$ of GDP Latvia
2020s 0.5682 BoP, current US$ per US$ of GDP 0.2134 BoP, current US$ per US$ of GDP 0.3548 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$), per unit of gdp, Latvia or World?
Latvia, at 0.5266 BoP, current US$ per US$ of GDP against 0.2094 BoP, current US$ per US$ of GDP in World as of 2025.
What is the difference in goods imports (bop, current us$), per unit of gdp between Latvia and World?
0.3172 BoP, current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and World?
31 years are reported by both, from 1995 to 2025.
How do Latvia and World rank globally for goods imports (bop, current us$), per unit of gdp?
Latvia ranks 32nd and World ranks 32nd of 199 countries.
Where does this data come from?
Statizoid (derived), published as Goods imports (BoP, current US$), 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 World: 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/world/

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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.