The volume of all water is 1,386,000,000 km^3, which is then 1.386e+21 liters, or right about the same number of kilograms.
The mass of Earth is about 5.972e+24 kg. So the percent fraction by mass is 0.0232%.
A "drop" is typically estimated at 1/20th of one mL, which is then 0.05 grams. We can estimate the mass of a small-ish bowling ball at 5kg, or 5000 grams. 0.05 / 5000 * 100 = 0.001%.
So it's an order of magnitude shy, but that's still closer than I expected! It's about 1 ml of beer on a bowling ball - a small splash. Or maybe a very large drop.
Lava is not really representative of the Earth as a whole, as it turns out. The mantle (which is the vast majority of Earth's volume) isn't a liquid, it's a squishy deformable solid. Magma that comes from the mantle is only liquid because of the removal of pressure or the addition of water; it wasn't liquid down there. And a lot of lava comes from crustal melting, not mantle material.
Earth as a whole has a density about 5.5x that of water.
The picture already answers this question. If the earth was a bowling ball the blue sphere would be much bigger than a single drop, maybe slightly bigger than a popping boba, the size of a small grape?