Latvia vs Oman: Merchandise trade as a proportion of GDP
Latvia
101.6%
in 2024
Oman
99.4%
in 2024
Latvia rank
28th
Oman rank
31st
Merchandise trade as a proportion of GDP over time
- Latvia
- Oman
How they compare
Latvia currently reports 101.6% against 99.4% in Oman, a difference of 2.2%.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Oman ahead.
Latvia ranks 28th and Oman ranks 31st of 218 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Oman in 1.
Head to head by decade
| Decade | Latvia | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 75.1% | 78.7% | 3.6% | Oman |
| 2010s | 105.5% | 82.3% | 23.2% | Latvia |
| 2020s | 116.5% | 91.0% | 25.5% | 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 Oman?
- Latvia, at 101.6% against 99.4% in Oman as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Latvia and Oman?
- 2.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Oman?
- 25 years are reported by both, from 2000 to 2024.
- How do Latvia and Oman rank globally for merchandise trade as a proportion of gdp?
- Latvia ranks 28th and Oman ranks 31st 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.