Laos vs Latvia: Merchandise trade as a proportion of GDP (%)
Laos
109.4%
in 2024
Latvia
101.6%
in 2024
Laos rank
25th
Latvia rank
28th
Merchandise trade as a proportion of GDP (%) over time
- Laos
- Latvia
How they compare
Laos currently reports 109.4% against 101.6% in Latvia, a difference of 7.8%.
That makes Laos's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Latvia ahead.
Laos ranks 25th and Latvia ranks 28th of 220 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 75.1% | 28.2% | Latvia |
| 2010s | 57.1% | 105.5% | 48.4% | Latvia |
| 2020s | 89.0% | 116.5% | 27.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Laos or Latvia?
- Laos, at 109.4% against 101.6% in Latvia as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Laos and Latvia?
- 7.8%, with Laos ahead.
- How many years of comparable data are there for Laos and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Laos and Latvia rank globally for merchandise trade as a proportion of gdp?
- Laos ranks 25th and Latvia ranks 28th of 220 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.