Economic Outlook 119 — Contribution to world trade growth, goods and in Latvia
Latvia: Economic Outlook 119 — Contribution to world trade growth, goods and was 0.002 in 2027. ◆ Volatile
Economic Outlook 119 — Contribution to world trade growth, goods and in Latvia, 1996–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook 119 — contribution to world trade growth, goods and in Latvia stood at 0.002.
The figure is up 80.2% on the previous year and down 68.8% over ten years.
Over the whole period, economic outlook 119 — contribution to world trade growth, goods and in Latvia peaked at 0.0153 in 2005 and was at its lowest, -0.02, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Contribution to world trade growth, goods and in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.014 | — |
| 1997 | 0.0059 | -57.6% |
| 1998 | 0.0076 | +27.8% |
| 1999 | -0.0042 | -155.9% |
| 2000 | 0.0053 | -226.4% |
| 2001 | 0.0078 | +45.6% |
| 2002 | 0.0026 | -66.0% |
| 2003 | 0.0058 | +118.2% |
| 2004 | 0.0127 | +120.1% |
| 2005 | 0.0153 | +20.5% |
| 2006 | 0.013 | -15.3% |
| 2007 | 0.0143 | +10.0% |
| 2008 | -0.0053 | -137.2% |
| 2009 | -0.02 | +276.0% |
| 2010 | 0.0099 | -149.7% |
| 2011 | 0.0132 | +32.5% |
| 2012 | 0.0061 | -53.9% |
| 2013 | 0.0002 | -96.2% |
| 2014 | 0.004 | +1637.0% |
| 2015 | 0.0017 | -56.6% |
| 2016 | 0.0034 | +94.6% |
| 2017 | 0.0063 | +88.3% |
| 2018 | 0.0046 | -27.6% |
| 2019 | 0.0006 | -86.5% |
| 2020 | -0.0006 | -198.9% |
| 2021 | 0.0113 | -1937.7% |
| 2022 | 0.0101 | -10.6% |
| 2023 | -0.006 | -159.2% |
| 2024 | -0.0008 | -86.8% |
| 2025 | 0.0026 | -427.4% |
| 2026 | 0.0011 | -57.5% |
| 2027 | 0.002 | +80.2% |
Biggest year-on-year movements
Years where Economic Outlook 119 — Contribution to world trade growth, goods and in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1937.7% | -0.0006 | 0.0113 |
| 2014 | +1637.0% | 0.0002 | 0.004 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0058 | -0.0042 | 0.014 | 4 |
| 2000s | 0.0052 | -0.02 | 0.0153 | 10 |
| 2010s | 0.005 | 0.0002 | 0.0132 | 10 |
| 2020s | 0.0025 | -0.006 | 0.0113 | 8 |
Countries ranked near Latvia
- 7 France 0.072 compare
- 7 Lithuania 0.0052 compare
- 8 Mexico 0.0616 compare
- 8 Slovenia 0.0039 compare
- 9 Estonia 0.0026 compare
- 9 Japan 0.0594 compare
- 10 Canada 0.0581 compare
- 11 United Kingdom of Great Britain and Northern Ireland 0.051 compare
- 12 Switzerland 0.0439 compare
- 13 Indonesia 0.0395 compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook 119 — contribution to world trade growth, goods and in Latvia?
- Economic outlook 119 — contribution to world trade growth, goods and in Latvia was 0.002 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — contribution to world trade growth, goods and recorded in Latvia?
- The highest recorded value was 0.0153 in 2005.
- What is the lowest economic outlook 119 — contribution to world trade growth, goods and recorded in Latvia?
- The lowest recorded value was -0.02 in 2009.
- How does Latvia rank for economic outlook 119 — contribution to world trade growth, goods and?
- Latvia ranks 10th out of 10 countries with data for 2027.
- Is economic outlook 119 — contribution to world trade growth, goods and rising or falling in Latvia?
- Over the last ten years it is down 68.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP