Latvia vs Micronesia (Federated States of): Merchandise trade as a proportion of GDP
Latvia
101.6%
in 2024
Micronesia (Federated States of)
101.2%
in 2024
Latvia rank
28th
Micronesia (Federated States of) rank
29th
Merchandise trade as a proportion of GDP over time
- Latvia
- Micronesia (Federated States of)
How they compare
Latvia currently reports 101.6% against 101.2% in Micronesia (Federated States of), a difference of 0.4%.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 28th and Micronesia (Federated States of) ranks 29th of 218 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Micronesia (Federated States of) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 75.1% | 62.5% | 12.6% | Latvia |
| 2010s | 105.5% | 69.0% | 36.5% | Latvia |
| 2020s | 116.5% | 94.4% | 22.1% | 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 Micronesia (Federated States of)?
- Latvia, at 101.6% against 101.2% in Micronesia (Federated States of) as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Latvia and Micronesia (Federated States of)?
- 0.4%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Micronesia (Federated States of)?
- 25 years are reported by both, from 2000 to 2024.
- How do Latvia and Micronesia (Federated States of) rank globally for merchandise trade as a proportion of gdp?
- Latvia ranks 28th and Micronesia (Federated States of) ranks 29th 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.