Latvia - Merchandise trade (% of GDP)
Merchandise trade (% of GDP) in Latvia was 102.54 as of 2020. Its highest value over the past 25 years was 111.25 in 2012, while its lowest value was 53.95 in 1995.
Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Source: World Trade Organization, and World Bank GDP estimates.
See also:
| Year | Value |
|---|---|
| 1995 | 53.95 |
| 1996 | 62.98 |
| 1997 | 67.30 |
| 1998 | 69.80 |
| 1999 | 62.08 |
| 2000 | 63.70 |
| 2001 | 65.85 |
| 2002 | 66.24 |
| 2003 | 69.04 |
| 2004 | 76.93 |
| 2005 | 81.50 |
| 2006 | 82.04 |
| 2007 | 76.09 |
| 2008 | 73.32 |
| 2009 | 66.31 |
| 2010 | 88.59 |
| 2011 | 107.08 |
| 2012 | 111.25 |
| 2013 | 107.04 |
| 2014 | 104.12 |
| 2015 | 99.05 |
| 2016 | 95.17 |
| 2017 | 102.21 |
| 2018 | 104.12 |
| 2019 | 101.04 |
| 2020 | 102.54 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Total merchandise trade
