Latvia vs Libya: Merchandise trade as a proportion of GDP
Latvia
101.6%
in 2024
Libya
98.1%
in 2024
Latvia rank
28th
Libya rank
32nd
Merchandise trade as a proportion of GDP over time
- Latvia
- Libya
How they compare
Latvia currently reports 101.6% against 98.1% in Libya, a difference of 3.5%.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 28th and Libya ranks 32nd of 218 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 75.1% | 53.3% | 21.8% | Latvia |
| 2010s | 105.5% | 74.0% | 31.5% | Latvia |
| 2020s | 116.5% | 102.9% | 13.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Latvia or Libya?
- Latvia, at 101.6% against 98.1% in Libya as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Latvia and Libya?
- 3.5%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Libya?
- 25 years are reported by both, from 2000 to 2024.
- How do Latvia and Libya rank globally for merchandise trade as a proportion of gdp?
- Latvia ranks 28th and Libya ranks 32nd 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.