Latvia Trade Openness
Latvia trade openness data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 132.26%.
Latvia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Latvia · trade openness data as percent of GDP.
Countries by trade openness
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Countries, indicators and comparisons
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Latvia recorded 132.26% for Trade Openness in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 3.38 percentage points, from 135.64% to 132.26%.
The latest observation is above the average of the last 10 available observations (132.04%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 123.33% in 2016 and the high was 159.89% in 2022.