Which has higher trade, Latvia or Least developed countries?

Latvia, at 129.7% against 43.7% in Least developed countries as of 2025.

How many years of comparable data are there for Latvia and Least developed countries?

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.

Latvia vs Least developed countries: Trade

Latvia

129.7%

in 2025

Least developed countries

43.7%

in 2025

Latvia rank

38th

Least developed countries rank

42nd

Trade over time

Latvia
Least developed countries

How they compare

Latvia currently reports 129.7% against 43.7% in Least developed countries, a difference of 86.0%.

That makes Latvia's figure about 3.0 times Least developed countries's.

Across all 31 years both countries report, Latvia has been ahead every year.

Latvia ranks 38th and Least developed countries ranks 42nd of 193 countries.

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

Head to head by decade

Decade	Latvia	Least developed countries	Difference	Ahead
1990s	87.0%	40.6%	46.4%	Latvia
2000s	93.9%	52.7%	41.2%	Latvia
2010s	126.5%	53.8%	72.7%	Latvia
2020s	136.2%	47.9%	88.3%	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade, Latvia or Least developed countries?: Latvia, at 129.7% against 43.7% in Least developed countries as of 2025.
What is the difference in trade between Latvia and Least developed countries?: 86.0%, with Latvia ahead.
How many years of comparable data are there for Latvia and Least developed countries?: 31 years are reported by both, from 1995 to 2025.
How do Latvia and Least developed countries rank globally for trade?: Latvia ranks 38th and Least developed countries ranks 42nd 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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Latvia vs Least developed countries: 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/latvia/least-developed-countries-un-classification/

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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.