Latvia vs Marshall Islands: Value of imported goods as a share of GDP

Latvia
100.6%
in 2014
Marshall Islands
96.4%
in 2014
Latvia rank
18th
Marshall Islands rank
20th

Value of imported goods as a share of GDP over time

  • Latvia
  • Marshall Islands
0255075100199420042014

How they compare

Latvia currently reports 100.6% against 96.4% in Marshall Islands, a difference of 4.2%.

The two have swapped places 9 times across 20 shared years of data; in 1995 it was Marshall Islands ahead.

Latvia ranks 18th and Marshall Islands ranks 20th of 193 countries.

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

Head to head by decade

Decade Latvia Marshall Islands Difference Ahead
1990s 60.3% 62.1% 1.8% Marshall Islands
2000s 62.4% 60.8% 1.6% Latvia
2010s 92.8% 82.5% 10.3% 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, Latvia or Marshall Islands?
Latvia, at 100.6% against 96.4% in Marshall Islands as of 2014.
What is the difference in value of imported goods as a share of gdp between Latvia and Marshall Islands?
4.2%, with Latvia ahead.
How many years of comparable data are there for Latvia and Marshall Islands?
20 years are reported by both, from 1995 to 2014.
How do Latvia and Marshall Islands rank globally for value of imported goods as a share of gdp?
Latvia ranks 18th and Marshall Islands ranks 20th of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed 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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Latvia vs Marshall Islands: Value of imported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-gdp-cepii/latvia/marshall-islands/

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About this data

Indicator
Value of imported 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, 12,772 data points, 1827–2014
Last refreshed

Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.