Belize vs Latvia: Terms of trade adjustment
Terms of trade adjustment over time
- Belize
- Latvia
How they compare
Latvia currently reports 73.09 million constant LCU against 57.92 million constant LCU in Belize, a difference of 15.17 million constant LCU.
That makes Latvia's figure about 1.3 times Belize's.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Belize ahead.
Belize ranks 91st and Latvia ranks 90th of 178 countries.
Belize has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belize | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 171.23 million constant LCU | -514.93 million constant LCU | 686.17 million constant LCU | Belize |
| 2000s | -54.88 million constant LCU | -985.25 million constant LCU | 930.37 million constant LCU | Belize |
| 2010s | 44.87 million constant LCU | -1.15 billion constant LCU | 1.19 billion constant LCU | Belize |
| 2020s | 22.85 million constant LCU | -338.67 million constant LCU | 361.52 million constant LCU | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Belize or Latvia?
- Latvia, at 73.09 million constant LCU against 57.92 million constant LCU in Belize as of 2025.
- What is the difference in terms of trade adjustment between Belize and Latvia?
- 15.17 million constant LCU, with Latvia ahead.
- How many years of comparable data are there for Belize and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Belize and Latvia rank globally for terms of trade adjustment?
- Belize ranks 91st and Latvia ranks 90th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Terms of trade adjustment (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.