Bosnia and Herzegovina vs Latvia: Value of imported goods as a share of GDP

Bosnia and Herzegovina
53.3%
in 2024
Latvia
53.7%
in 2024
Bosnia and Herzegovina rank
36th
Latvia rank
35th

Value of imported goods as a share of GDP over time

  • Bosnia and Herzegovina
  • Latvia
20406080199320082024

How they compare

Latvia currently reports 53.7% against 53.3% in Bosnia and Herzegovina, a difference of 0.4%.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Bosnia and Herzegovina ahead.

Bosnia and Herzegovina ranks 36th and Latvia ranks 35th of 201 countries.

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

Head to head by decade

Decade Bosnia and Herzegovina Latvia Difference Ahead
1990s 60.5% 39.9% 20.6% Bosnia and Herzegovina
2000s 49.9% 47.1% 2.9% Bosnia and Herzegovina
2010s 56.4% 57.3% 0.9% Latvia
2020s 55.1% 61.6% 6.6% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Bosnia and Herzegovina or Latvia?
Latvia, at 53.7% against 53.3% in Bosnia and Herzegovina as of 2024.
What is the difference in value of imported goods as a share of gdp between Bosnia and Herzegovina and Latvia?
0.4%, with Latvia ahead.
How many years of comparable data are there for Bosnia and Herzegovina and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Bosnia and Herzegovina and Latvia rank globally for value of imported goods as a share of gdp?
Bosnia and Herzegovina ranks 36th and Latvia ranks 35th of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported 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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Bosnia and Herzegovina vs Latvia: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/bosnia-and-herzegovina/latvia/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).