Latvia vs Luxembourg: Annual value added and its components by economic activity — Output
Annual value added and its components by economic activity — Output over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports 131.84 Index against 125.23 Index in Luxembourg, a difference of 6.61 Index.
That makes Latvia's figure about 1.1 times Luxembourg's.
The two have swapped places 5 times across 30 shared years of data; in 1995 it was Luxembourg ahead.
Latvia ranks 2nd and Luxembourg ranks 4th of 3 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Luxembourg in 2.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.63 Index | 49.94 Index | 15.31 Index | Luxembourg |
| 2000s | 59.96 Index | 62.45 Index | 2.49 Index | Luxembourg |
| 2010s | 90.61 Index | 87.36 Index | 3.24 Index | Latvia |
| 2020s | 118.36 Index | 112.97 Index | 5.39 Index | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual value added and its components by economic activity — output, Latvia or Luxembourg?
- Latvia, at 131.84 Index against 125.23 Index in Luxembourg as of 2024.
- What is the difference in annual value added and its components by economic activity — output between Latvia and Luxembourg?
- 6.61 Index, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Luxembourg rank globally for annual value added and its components by economic activity — output?
- Latvia ranks 2nd and Luxembourg ranks 4th of 3 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual value added and its components by economic activity — Output. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org