Which has higher trade, Denmark or Latvia?

Latvia, at 129.7% against 129.2% in Denmark as of 2025.

How many years of comparable data are there for Denmark and Latvia?

31 years are reported by both, from 1995 to 2025.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Denmark vs Latvia: Trade

Denmark

129.2%

in 2025

Latvia

129.7%

in 2025

Denmark rank

39th

Latvia rank

38th

Trade over time

Denmark
Latvia

How they compare

Latvia currently reports 129.7% against 129.2% in Denmark, a difference of 0.5%.

The two have swapped places 4 times across 31 shared years of data; in 1995 it was Latvia ahead.

Denmark ranks 39th and Latvia ranks 38th of 193 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Denmark	Latvia	Difference	Ahead
1990s	70.5%	87.0%	16.5%	Latvia
2000s	89.5%	93.9%	4.4%	Latvia
2010s	103.9%	126.5%	22.6%	Latvia
2020s	123.2%	136.2%	13.0%	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade, Denmark or Latvia?: Latvia, at 129.7% against 129.2% in Denmark as of 2025.
What is the difference in trade between Denmark and Latvia?: 0.5%, with Latvia ahead.
How many years of comparable data are there for Denmark and Latvia?: 31 years are reported by both, from 1995 to 2025.
How do Denmark and Latvia rank globally for trade?: Denmark ranks 39th and Latvia ranks 38th of 193 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Latvia: Trade. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/trade-percent-of-gdp/denmark/latvia/

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About this data

Indicator: Trade (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 236 places, 11,229 data points, 1960–2025
Last refreshed: 03 September 2026

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.