Latvia vs Slovakia: Average economic size of farms by standard output, farm type and age
Latvia
1.78 billion Euro
in 2023
Slovakia
2.25 billion Euro
in 2023
Latvia rank
32nd
Slovakia rank
30th
Average economic size of farms by standard output, farm type and age over time
- Latvia
- Slovakia
How they compare
Slovakia currently reports 2.25 billion Euro against 1.78 billion Euro in Latvia, a difference of 474.05 million Euro.
That makes Slovakia's figure about 1.3 times Latvia's.
Across all 7 years both countries report, Slovakia has been ahead every year.
Latvia ranks 32nd and Slovakia ranks 30th of 40 countries.
Slovakia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 600.65 million Euro | 1.29 billion Euro | 694.27 million Euro | Slovakia |
| 2010s | 1.00 billion Euro | 1.82 billion Euro | 822.12 million Euro | Slovakia |
| 2020s | 1.57 billion Euro | 2.12 billion Euro | 555.07 million Euro | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average economic size of farms by standard output, farm type and age, Latvia or Slovakia?
- Slovakia, at 2.25 billion Euro against 1.78 billion Euro in Latvia as of 2023.
- What is the difference in average economic size of farms by standard output, farm type and age between Latvia and Slovakia?
- 474.05 million Euro, with Slovakia ahead.
- How many years of comparable data are there for Latvia and Slovakia?
- 7 years are reported by both, from 2005 to 2023.
- How do Latvia and Slovakia rank globally for average economic size of farms by standard output, farm type and age?
- Latvia ranks 32nd and Slovakia ranks 30th of 40 countries.
- Where does this data come from?
- Eurostat, published as Average economic size of farms by standard output, farm type and age of farm manager. Statizoid refreshes it automatically from the source and publishes the full history for both places.