Guyana vs Latvia: Merchandise trade as a proportion of GDP
Guyana
107.9%
in 2024
Latvia
101.6%
in 2024
Guyana rank
27th
Latvia rank
28th
Merchandise trade as a proportion of GDP over time
- Guyana
- Latvia
How they compare
Guyana currently reports 107.9% against 101.6% in Latvia, a difference of 6.3%.
That makes Guyana's figure about 1.1 times Latvia's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Guyana ahead.
Guyana ranks 27th and Latvia ranks 28th of 218 countries.
Across the 3 decades both report, Guyana averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Guyana | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 116.7% | 75.1% | 41.6% | Guyana |
| 2010s | 75.6% | 105.5% | 29.9% | Latvia |
| 2020s | 104.7% | 116.5% | 11.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Guyana or Latvia?
- Guyana, at 107.9% against 101.6% in Latvia as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Guyana and Latvia?
- 6.3%, with Guyana ahead.
- How many years of comparable data are there for Guyana and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Guyana and Latvia rank globally for merchandise trade as a proportion of gdp?
- Guyana ranks 27th and Latvia ranks 28th of 218 countries.
- 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.