Latvia vs Somalia: Trade as a share of GDP

Latvia
129.7%
in 2025
Somalia
128.1%
in 2025
Latvia rank
38th
Somalia rank
40th

Trade as a share of GDP over time

  • Latvia
  • Somalia
50100150196019922025

How they compare

Latvia currently reports 129.7% against 128.1% in Somalia, a difference of 1.6%.

Across all 14 years both countries report, Latvia has been ahead every year.

Latvia ranks 38th and Somalia ranks 40th of 191 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Somalia Difference Ahead
2010s 128.1% 77.2% 51.0% Latvia
2020s 136.2% 101.2% 35.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade as a share of gdp, Latvia or Somalia?
Latvia, at 129.7% against 128.1% in Somalia as of 2025.
What is the difference in trade as a share of gdp between Latvia and Somalia?
1.6%, with Latvia ahead.
How many years of comparable data are there for Latvia and Somalia?
14 years are reported by both, from 2012 to 2025.
How do Latvia and Somalia rank globally for trade as a share of gdp?
Latvia ranks 38th and Somalia ranks 40th 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 Somalia: 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 04 September 2026, from https://economy.statizoid.com/compare/trade-as-share-of-gdp/latvia/somalia-fed-rep/

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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.