Latvia vs South Asia: Trade

Latvia
129.7%
in 2025
South Asia
44.6%
in 2025
Latvia rank
38th
South Asia rank
40th

Trade over time

  • Latvia
  • South Asia
050100150196019922025

How they compare

Latvia currently reports 129.7% against 44.6% in South Asia, a difference of 85.1%.

That makes Latvia's figure about 2.9 times South Asia's.

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

Latvia ranks 38th and South Asia ranks 40th of 193 countries.

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

Head to head by decade

Decade Latvia South Asia Difference Ahead
1990s 87.0% 25.8% 61.2% Latvia
2000s 93.9% 39.3% 54.7% Latvia
2010s 126.5% 46.5% 80.0% Latvia
2020s 136.2% 44.1% 92.1% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade, Latvia or South Asia?
Latvia, at 129.7% against 44.6% in South Asia as of 2025.
What is the difference in trade between Latvia and South Asia?
85.1%, with Latvia ahead.
How many years of comparable data are there for Latvia and South Asia?
31 years are reported by both, from 1995 to 2025.
How do Latvia and South Asia rank globally for trade?
Latvia ranks 38th and South Asia ranks 40th 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 South Asia: Trade. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/trade-percent-of-gdp/latvia/south-asia/

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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

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.