Bananas — Terms of trade in Latvia

Latvia: Bananas — Terms of trade was 98.03 % in 2024. ▬ Flat

Latest (2024)
98.03 %
Change on year
down 0.7%
World rank
49th
of 82 countries
All-time high
107.1 %
in 2013
All-time low
85.76 %
in 2010
Years of data
15
2010–2024

Bananas — Terms of trade in Latvia, 2010–2024

02550751002010201720242010: 85.8 %2011: 100.4 %2012: 101.1 %2013: 107.1 %2014: 103.1 %2015: 94.8 %2016: 101.7 %2017: 98.6 %2018: 91.5 %2019: 94.2 %2020: 97.8 %2021: 97.4 %2022: 96.6 %2023: 98.8 %2024: 98 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, bananas — terms of trade in Latvia stood at 98.03 %.

The figure is down 0.7% on the previous year and down 4.9% over ten years.

Over the whole period, bananas — terms of trade in Latvia peaked at 107.1 % in 2013 and was at its lowest, 85.76 %, in 2010.

Latvia ranks 49th of 82 countries on this measure, in the middle of the range.

Bananas — Terms of trade in Latvia, year by year

Annual values for Bananas — Terms of trade in Latvia, 2010 to 2024.
Year % Change
2010 85.76 %
2011 100.4 % +17.1%
2012 101.1 % +0.7%
2013 107.1 % +5.9%
2014 103.08 % -3.8%
2015 94.79 % -8.0%
2016 101.68 % +7.3%
2017 98.58 % -3.0%
2018 91.52 % -7.2%
2019 94.19 % +2.9%
2020 97.79 % +3.8%
2021 97.36 % -0.4%
2022 96.58 % -0.8%
2023 98.75 % +2.2%
2024 98.03 % -0.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.82 % 85.76 % 107.1 % 10
2020s 97.7 % 96.58 % 98.75 % 5

Countries ranked near Latvia

  1. 46 Czechia 100.4 % compare
  2. 47 Georgia 100.11 % compare
  3. 48 Croatia 98.43 % compare
  4. 50 Russian Federation 97.71 % compare
  5. 51 Switzerland 95.78 % compare
  6. 52 France 94.63 % compare

See the full ranking of 86 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is bananas — terms of trade in Latvia?
Bananas — terms of trade in Latvia was 98.03 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — terms of trade recorded in Latvia?
The highest recorded value was 107.1 % in 2013.
What is the lowest bananas — terms of trade recorded in Latvia?
The lowest recorded value was 85.76 % in 2010.
How does Latvia rank for bananas — terms of trade?
Latvia ranks 49th out of 82 countries with data for 2024.
Is bananas — terms of trade rising or falling in Latvia?
Over the last ten years it is down 4.9%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Terms of trade. Statizoid updates them automatically from the source API.

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Bananas — Terms of trade in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/bananas-terms-of-trade/latvia/

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About this data

Indicator
Bananas — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,143 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK