Latvia vs Papua New Guinea: Trade as a share of GDP

Latvia
129.7%
in 2025
Papua New Guinea
131.1%
in 2004
Latvia rank
38th
Papua New Guinea rank
36th

Trade as a share of GDP over time

  • Latvia
  • Papua New Guinea
5075100125150196119932025

How they compare

Papua New Guinea currently reports 131.1% against 129.7% in Latvia, a difference of 1.4%.

Across all 10 years both countries report, Papua New Guinea has been ahead every year.

Latvia ranks 38th and Papua New Guinea ranks 36th of 191 countries.

Papua New Guinea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Papua New Guinea Difference Ahead
1990s 87.0% 106.1% 19.1% Papua New Guinea
2000s 88.7% 121.3% 32.6% Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade as a share of gdp, Latvia or Papua New Guinea?
Papua New Guinea, at 131.1% against 129.7% in Latvia as of 2004.
What is the difference in trade as a share of gdp between Latvia and Papua New Guinea?
1.4%, with Papua New Guinea ahead.
How many years of comparable data are there for Latvia and Papua New Guinea?
10 years are reported by both, from 1995 to 2004.
How do Latvia and Papua New Guinea rank globally for trade as a share of gdp?
Latvia ranks 38th and Papua New Guinea ranks 36th 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.

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Latvia vs Papua New Guinea: Trade as a share of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/trade-as-share-of-gdp/latvia/papua-new-guinea/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.