Latvia vs Malawi: Net trade in goods and services
Latvia
-2.24 billion BoP, current US$
in 2025
Malawi
-2.39 billion BoP, current US$
in 2024
Latvia rank
145th
Malawi rank
148th
Net trade in goods and services over time
- Latvia
- Malawi
How they compare
Latvia currently reports -2.24 billion BoP, current US$ against -2.39 billion BoP, current US$ in Malawi, a difference of 144.92 million BoP, current US$.
The two have swapped places 4 times across 33 shared years of data; in 1992 it was Latvia ahead.
Latvia ranks 145th and Malawi ranks 148th of 199 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Malawi in 2.
Head to head by decade
| Decade | Latvia | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -253.83 million BoP, current US$ | -246.18 million BoP, current US$ | 7.65 million BoP, current US$ | Malawi |
| 2000s | -2.24 billion BoP, current US$ | -523.16 million BoP, current US$ | 1.72 billion BoP, current US$ | Malawi |
| 2010s | -646.59 million BoP, current US$ | -1.47 billion BoP, current US$ | 820.26 million BoP, current US$ | Latvia |
| 2020s | -970.72 million BoP, current US$ | -2.31 billion BoP, current US$ | 1.34 billion BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Latvia or Malawi?
- Latvia, at -2.24 billion BoP, current US$ against -2.39 billion BoP, current US$ in Malawi as of 2025.
- What is the difference in net trade in goods and services between Latvia and Malawi?
- 144.92 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Malawi?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Malawi rank globally for net trade in goods and services?
- Latvia ranks 145th and Malawi ranks 148th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.