Latvia vs Rwanda: Net trade in goods and services
Latvia
-2.24 billion BoP, current US$
in 2025
Rwanda
-2.25 billion BoP, current US$
in 2024
Latvia rank
145th
Rwanda rank
146th
Net trade in goods and services over time
- Latvia
- Rwanda
How they compare
Latvia currently reports -2.24 billion BoP, current US$ against -2.25 billion BoP, current US$ in Rwanda, a difference of 10.96 million BoP, current US$.
The two have swapped places 2 times across 15 shared years of data; in 2010 it was Latvia ahead.
Latvia ranks 145th and Rwanda ranks 146th of 199 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -646.59 million BoP, current US$ | -1.29 billion BoP, current US$ | 641.03 million BoP, current US$ | Latvia |
| 2020s | -970.72 million BoP, current US$ | -1.99 billion BoP, current US$ | 1.02 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 Rwanda?
- Latvia, at -2.24 billion BoP, current US$ against -2.25 billion BoP, current US$ in Rwanda as of 2025.
- What is the difference in net trade in goods and services between Latvia and Rwanda?
- 10.96 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Rwanda?
- 15 years are reported by both, from 2010 to 2024.
- How do Latvia and Rwanda rank globally for net trade in goods and services?
- Latvia ranks 145th and Rwanda ranks 146th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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.