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Latvia - Trade Openness 1999

Trade as % of GDP · World Bank
82.15% −10.90% from 1998 Global rank: 106th

Latvia's trade openness was 82.15% in 1999, decreased +10.90% from 93.05% in 1998. This was the 106th highest globally.

Global Ranking - 1999▾
Trade Openness by Country - 1999
RankCountryValueYoY
1st Japan 18.13% -4.6%
2nd Brazil 20.98% 27.6%
3rd Argentina 21.38% -8.4%
4th United States 23.31% 2.1%
5th Serbia 24.20% -38.2%
6th Sudan 24.71% 13.0%
7th India 24.82% 4.7%
8th Tanzania 25.02% -4.3%
9th Rwanda 27.33% -5.1%
10th French Polynesia 28.38% -10.6%
11th Bangladesh 28.39% 1.8%
12th Niger 31.38% -10.4%
13th Cuba 31.87% -2.0%
14th Pakistan 32.32% -5.0%
15th Guinea 32.70% -1.1%
16th Peru 33.21% 0.8%
17th China 33.23% 3.3%
18th Uruguay 33.39% -6.3%
19th Sierra Leone 33.75% -4.5%
20th Libya 34.80% -13.5%
21st Iran, Islamic Republic of 34.89% 19.4%
22nd Burkina Faso 35.25% -13.9%
23rd Comoros 35.76% 0.0%
24th Uganda 36.02% 19.9%
25th Colombia 36.15% 0.7%
26th Uzbekistan 36.62% -19.4%
27th Cameroon 37.24% -12.0%
28th Türkiye 37.67% -6.7%
29th Egypt, Arab Republic of 38.36% -8.5%
30th Australia 38.96% -2.4%
31st Mali 40.54% 1.8%
32nd Madagascar 40.92% 9.6%
33rd Congo, Democratic Republic of 41.18% -34.3%
34th Haiti 41.95% 14.9%
35th South Africa 42.26% -4.0%
36th Central African Republic 43.21% -15.4%
37th Bolivia, Plurinational State of 44.17% -15.5%
38th Italy 44.53% -1.0%
39th Mozambique 45.53% 16.7%
40th Guatemala 46.36% 4.4%
41st Mexico 48.01% 0.0%
42nd Greece 48.18% 13.4%
43rd Kenya 48.19% -1.4%
44th Morocco 48.58% 6.4%
45th Mauritania 49.02% -4.6%
46th Guinea-Bissau 49.10% 12.9%
47th Ecuador 49.20% 13.4%
48th United Kingdom 49.47% 0.7%
49th Senegal 49.49% 2.9%
50th Albania 49.90% 5.9%
51st Togo 50.11% -10.1%
52nd Chad 50.51% 5.1%
53rd Lebanon 50.81% -7.1%
54th Algeria 50.93% 12.9%
55th Germany 51.52% 2.7%
56th France 51.67% 0.5%
57th Gambia, The 52.41% -2.7%
58th Nepal 52.57% -7.3%
59th Poland 53.90% -4.7%
60th Benin 54.39% -8.7%
61st Chile 54.70% 1.6%
62nd Spain 54.70% 3.7%
63rd Côte d'Ivoire 55.89% 4.2%
64th New Caledonia 56.39% 9.0%
65th Georgia 57.15% 6.7%
66th Saudi Arabia 57.85% 3.1%
67th Korea 57.89% -12.7%
68th Romania 57.97% 7.7%
69th Zambia 59.77% 6.3%
70th Tonga 60.78% -22.4%
71st El Salvador 60.99% 0.2%
72nd New Zealand 61.40% 6.1%
73rd Nicaragua 62.54% 9.7%
74th Indonesia 62.94% -34.6%
75th Portugal 63.31% -0.8%
76th European Union 64.03% 1.2%
77th Syrian Arab Republic 64.31% 4.7%
78th Israel 64.74% 13.8%
79th Finland 66.25% -1.1%
80th Croatia 66.26% 2.0%
81st Iceland 68.47% -3.2%
82nd Solomon Islands 69.16% -16.8%
83rd Russian Federation 69.39% 24.4%
84th Norway 69.51% -3.0%
85th Azerbaijan 69.83% -9.6%
86th Armenia 70.56% -1.8%
87th Zimbabwe 70.92% -19.9%
88th Yemen, Republic of 72.00% -0.9%
89th North Macedonia 72.62% -5.2%
90th Denmark 72.73% 1.9%
91st Lithuania 74.58% -16.5%
92nd Sweden 74.85% 0.7%
93rd Bahamas, The 75.70% -2.6%
94th Brunei Darussalam 75.99% -3.5%
95th Dominican Republic 76.30% 0.5%
96th Oman 76.61% -4.8%
97th Philippines 77.16% -3.6%
98th Paraguay 77.56% -23.7%
99th Tunisia 77.91% -2.6%
100th Austria 78.56% 1.6%
101st Sri Lanka 78.75% 0.3%
102nd Lao PDR 80.06% -5.0%
103rd Canada 80.12% 2.6%
104th Cabo Verde 80.97% -1.1%
105th Ghana 81.71% 1.4%
106th Latvia 82.15% -11.7%
107th Kazakhstan 82.58% 26.6%
108th Kuwait 85.37% -10.1%
109th Czechia 85.46% 1.8%
110th Qatar 85.73% -5.8%
111th Bhutan 85.87% 0.3%
112th Costa Rica 87.54% -4.9%
113th Seychelles 88.36% 11.9%
114th Switzerland 89.82% 1.8%
115th Bulgaria 90.07% 16.9%
116th Turkmenistan 90.48% -6.1%
117th Namibia 91.10% -1.1%
118th Vanuatu 91.23% -3.7%
119th Slovenia 92.96% -4.2%
120th Belize 93.32% 9.4%
121st Cambodia 94.18% 24.5%
122nd Micronesia, Federated States of 95.76% -6.6%
123rd Eritrea 96.26% 1.4%
124th West Bank and Gaza 96.35% 8.3%
125th Slovak Republic 97.53% -4.3%
126th Gabon 97.73% 1.8%
127th Botswana 98.93% -2.9%
128th Kyrgyz Republic 99.20% 5.0%
129th Faroe Islands 100.49% 9.7%
130th Kiribati 100.62% 18.4%
131st Thailand 100.71% 0.5%
132nd Ukraine 101.95% 18.5%
133rd Viet Nam 102.79% 6.0%
134th Puerto Rico (US) 104.08% 8.1%
135th Jordan 104.47% -4.2%
136th Marshall Islands 108.00% -3.5%
137th Mongolia 112.24% 4.6%
138th Hungary 113.87% 6.1%
139th Netherlands 114.33% 1.7%
140th Papua New Guinea 116.01% 12.8%
141st Moldova 117.53% 0.6%
142nd Belarus 120.84% -1.7%
143rd Honduras 121.50% -1.0%
144th Bosnia and Herzegovina 121.82% -3.1%
145th Bahrain 124.74% 10.4%
146th Belgium 125.17% 0.4%
147th Mauritius 128.95% -1.1%
148th Cyprus 131.21% -2.7%
149th Congo, Republic of 131.39% -11.8%
150th Panama 131.56% -16.7%
151st Macao SAR, China 132.26% 5.9%
152nd Tajikistan 133.61% 25.0%
153rd Iraq 138.31% 4.6%
154th Estonia 144.12% -8.1%
155th Ireland 159.87% 1.3%
156th Aruba 164.56% 0.8%
157th Malta 165.17% 5.2%
158th Guyana 201.06% -1.4%
159th Malaysia 217.57% 3.9%
160th Hong Kong SAR, China 220.27% -0.4%
161st Luxembourg 239.92% 1.4%
162nd Singapore 336.48% 7.8%
Source: World Bank (NE.TRD.GNFS.ZS)

FAQ

What was Latvia's trade openness in 1999?▾

Latvia's trade openness in 1999 was 82.15%. This ranked 106th globally.

How did Latvia's trade openness change in 1999?▾

Latvia's trade openness decreased by 11.7% in 1999 compared to 1998.

Which country had the highest trade openness in 1999?▾

Singapore had the highest trade openness in 1999 at 336.48%.

What is the trade openness of Latvia in 1999?▾

The trade openness of Latvia in 1999 was 82.15%. This ranked 106th globally.

How does 1999 compare to 1998 for Latvia's trade openness?▾

Latvia's trade openness went from 93.05% in 1998 to 82.15% in 1999, a 11.7% decrease.

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1998 2000 All years Full ranking 1999 Exports Imports Trade Balance Current Account Balance FDI Inflows Peak: 2022 Lowest: 1995 Trade Openness 1990s Trade Openness 2000s Trade Openness 2010s Trade Openness 2020s Highest ever Lowest ever Average vs Hungary vs Barbados vs Uruguay vs Croatia European Union Trade Openness NATO Trade Openness OECD Trade Openness Global Ranking