Latvia vs Nicaragua: Value of exported goods as a share of GDP

Latvia
46.0%
in 2014
Nicaragua
48.1%
in 2014
Latvia rank
43rd
Nicaragua rank
40th

Value of exported goods as a share of GDP over time

  • Latvia
  • Nicaragua
1020304050194919812014

How they compare

Nicaragua currently reports 48.1% against 46.0% in Latvia, a difference of 2.1%.

The two have swapped places 3 times across 20 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 43rd and Nicaragua ranks 40th of 193 countries.

Across the 3 decades both report, Latvia averaged higher in 2 and Nicaragua in 1.

Head to head by decade

Decade Latvia Nicaragua Difference Ahead
1990s 43.0% 17.5% 25.6% Latvia
2000s 35.4% 28.3% 7.1% Latvia
2010s 45.4% 47.1% 1.6% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of exported goods as a share of gdp, Latvia or Nicaragua?
Nicaragua, at 48.1% against 46.0% in Latvia as of 2014.
What is the difference in value of exported goods as a share of gdp between Latvia and Nicaragua?
2.1%, with Nicaragua ahead.
How many years of comparable data are there for Latvia and Nicaragua?
20 years are reported by both, from 1995 to 2014.
How do Latvia and Nicaragua rank globally for value of exported goods as a share of gdp?
Latvia ranks 43rd and Nicaragua ranks 40th of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed by Our World in Data, published as Value of exported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Nicaragua: Value of exported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/merchandise-exports-gdp-cepii/latvia/nicaragua/

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About this data

Indicator
Value of exported goods as a share of GDP
Unit
%
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 12,835 data points, 1827–2014
Last refreshed

Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.