Georgia vs Latvia: External balance on goods and services

Georgia

-2.22 billion current US$

in 2025

Latvia

-2.23 billion current US$

in 2025

Georgia rank

130th

Latvia rank

132nd

External balance on goods and services over time

Georgia
Latvia

How they compare

Georgia currently reports -2.22 billion current US$ against -2.23 billion current US$ in Latvia, a difference of 7.28 million current US$.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Latvia ahead.

Globally, Georgia ranks 130th and Latvia ranks 132nd of 192 countries.

Individual pages

About this data

Indicator: External balance on goods and services (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 192 places, 9,040 data points, 1960–2025
Last refreshed: 06 August 2026

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.