Latvia vs Mongolia: Trade as a share of GDP
Latvia
129.7%
in 2025
Mongolia
130.7%
in 2025
Latvia rank
38th
Mongolia rank
37th
Trade as a share of GDP over time
- Latvia
- Mongolia
How they compare
Mongolia currently reports 130.7% against 129.7% in Latvia, a difference of 1.0%.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Mongolia ahead.
Latvia ranks 38th and Mongolia ranks 37th of 191 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | Latvia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 87.0% | 95.9% | 8.9% | Mongolia |
| 2000s | 93.9% | 119.0% | 25.1% | Mongolia |
| 2010s | 126.5% | 110.7% | 15.9% | Latvia |
| 2020s | 136.2% | 130.0% | 6.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade as a share of gdp, Latvia or Mongolia?
- Mongolia, at 130.7% against 129.7% in Latvia as of 2025.
- What is the difference in trade as a share of gdp between Latvia and Mongolia?
- 1.0%, with Mongolia ahead.
- How many years of comparable data are there for Latvia and Mongolia?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Mongolia rank globally for trade as a share of gdp?
- Latvia ranks 38th and Mongolia ranks 37th of 191 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Trade as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Trade in goods and services as a share of GDP, shown as a percentage.