Latvia vs Norway: Annual value added and its components by economic activity — Value

Latvia
128.9 Index
in 2024
Norway
140.49 Index
in 2025
Latvia rank
5th
Norway rank
4th

Annual value added and its components by economic activity — Value over time

  • Latvia
  • Norway
050100150197019972025

How they compare

Norway currently reports 140.49 Index against 128.9 Index in Latvia, a difference of 11.59 Index.

That makes Norway's figure about 1.1 times Latvia's.

Across all 30 years both countries report, Norway has been ahead every year.

Latvia ranks 5th and Norway ranks 4th of 7 countries.

Norway has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Norway Difference Ahead
1990s 39.26 Index 44.77 Index 5.51 Index Norway
2000s 59.57 Index 67.82 Index 8.25 Index Norway
2010s 86.66 Index 96.12 Index 9.45 Index Norway
2020s 114.44 Index 131.59 Index 17.16 Index Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual value added and its components by economic activity — value, Latvia or Norway?
Norway, at 140.49 Index against 128.9 Index in Latvia as of 2025.
What is the difference in annual value added and its components by economic activity — value between Latvia and Norway?
11.59 Index, with Norway ahead.
How many years of comparable data are there for Latvia and Norway?
30 years are reported by both, from 1995 to 2024.
How do Latvia and Norway rank globally for annual value added and its components by economic activity — value?
Latvia ranks 5th and Norway ranks 4th of 7 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 — Value added, gross. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Norway: Annual value added and its components by economic activity — Value. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/annual-value-added-and-its-components-by-economic-activity-value-added-gross/latvia-2/norway/

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About this data

Indicator
Annual value added and its components by economic activity — Value added, gross
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 1,365 data points, 1966–2025
Last refreshed

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