Estonia vs Latvia: Value of imported goods as a share of GDP (International Monetary)

Estonia
53.7%
in 2025
Latvia
54.6%
in 2025
Estonia rank
35th
Latvia rank
34th

Value of imported goods as a share of GDP (International Monetary) over time

  • Estonia
  • Latvia
20406080199320092025

How they compare

Latvia currently reports 54.6% against 53.7% in Estonia, a difference of 0.9%.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 35th and Latvia ranks 34th of 201 countries.

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

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 72.5% 39.9% 32.5% Estonia
2000s 68.2% 47.1% 21.1% Estonia
2010s 65.4% 57.3% 8.1% Estonia
2020s 57.9% 60.5% 2.5% 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, Estonia or Latvia?
Latvia, at 54.6% against 53.7% in Estonia as of 2025.
What is the difference in value of imported goods as a share of gdp between Estonia and Latvia?
0.9%, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Estonia and Latvia rank globally for value of imported goods as a share of gdp?
Estonia ranks 35th and Latvia ranks 34th of 201 countries.
Where does this data come from?
International Monetary Fund (2026); 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.

Individual pages

Share, cite or embed this page

Cite this page

Estonia vs Latvia: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/estonia/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/estonia/latvia/">Estonia vs Latvia: Value of imported goods as a share of GDP</a> — Statizoid

About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2026); 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, 10,344 data points, 1960–2025
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).