Eastern Asia vs Latvia: Merchandise trade as a proportion of GDP
Eastern Asia
41.1%
in 2024
Latvia
101.6%
in 2024
Eastern Asia rank
26th
Latvia rank
28th
Merchandise trade as a proportion of GDP over time
- Eastern Asia
- Latvia
How they compare
Latvia currently reports 101.6% against 41.1% in Eastern Asia, a difference of 60.5%.
That makes Latvia's figure about 2.5 times Eastern Asia's.
Across all 25 years both countries report, Latvia has been ahead every year.
Eastern Asia ranks 26th and Latvia ranks 28th of 37 groups.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eastern Asia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 40.6% | 75.1% | 34.5% | Latvia |
| 2010s | 42.9% | 105.5% | 62.6% | Latvia |
| 2020s | 40.1% | 116.5% | 76.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Eastern Asia or Latvia?
- Latvia, at 101.6% against 41.1% in Eastern Asia as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Eastern Asia and Latvia?
- 60.5%, with Latvia ahead.
- How many years of comparable data are there for Eastern Asia and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Eastern Asia and Latvia rank globally for merchandise trade as a proportion of gdp?
- Eastern Asia ranks 26th and Latvia ranks 28th of 37 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.