Guatemala vs Latvia: Goods imports

Guatemala
29.13 billion BoP, current US$
in 2024
Latvia
25.60 billion BoP, current US$
in 2025
Guatemala rank
72nd
Latvia rank
74th

Goods imports over time

  • Guatemala
  • Latvia
010.0B20.0B30.0B197720012025

How they compare

Guatemala currently reports 29.13 billion BoP, current US$ against 25.60 billion BoP, current US$ in Latvia, a difference of 3.53 billion BoP, current US$.

That makes Guatemala's figure about 1.1 times Latvia's.

The two have swapped places 8 times across 33 shared years of data; in 1992 it was Guatemala ahead.

Guatemala ranks 72nd and Latvia ranks 74th of 199 countries.

Across the 4 decades both report, Guatemala averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Guatemala Latvia Difference Ahead
1990s 3.15 billion BoP, current US$ 1.88 billion BoP, current US$ 1.27 billion BoP, current US$ Guatemala
2000s 8.62 billion BoP, current US$ 7.74 billion BoP, current US$ 881.03 million BoP, current US$ Guatemala
2010s 15.53 billion BoP, current US$ 15.56 billion BoP, current US$ 25.87 million BoP, current US$ Latvia
2020s 24.97 billion BoP, current US$ 22.63 billion BoP, current US$ 2.34 billion BoP, current US$ Guatemala

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports, Guatemala or Latvia?
Guatemala, at 29.13 billion BoP, current US$ against 25.60 billion BoP, current US$ in Latvia as of 2024.
What is the difference in goods imports between Guatemala and Latvia?
3.53 billion BoP, current US$, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Latvia?
33 years are reported by both, from 1992 to 2024.
How do Guatemala and Latvia rank globally for goods imports?
Guatemala ranks 72nd and Latvia ranks 74th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guatemala vs Latvia: Goods imports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 August 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us/guatemala/latvia/

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About this data

Indicator
Goods imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,762 data points, 1960–2025
Last refreshed

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.