Georgia vs Latvia: Discrepancy in expenditure estimate of GDP

Georgia
0 current LCU
in 2025
Latvia
0 current LCU
in 2025
Georgia rank
77th
Latvia rank
77th

Discrepancy in expenditure estimate of GDP over time

  • Georgia
  • Latvia
-600.0M-400.0M-200.0M0198720062025

How they compare

Georgia currently reports 0 current LCU against 0 current LCU in Latvia, a difference of 0 current LCU.

The two have swapped places 10 times across 31 shared years of data; in 1995 it was Latvia ahead.

Georgia ranks 77th and Latvia ranks 77th of 186 countries.

Across the 4 decades both report, Georgia averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Georgia Latvia Difference Ahead
1990s -145.16 million current LCU -200 current LCU 145.16 million current LCU Latvia
2000s -384.40 million current LCU -100 current LCU 384.40 million current LCU Latvia
2010s -87,760 current LCU 300 current LCU 88,060 current LCU Latvia
2020s 43,733 current LCU 333.33 current LCU 43,400 current LCU Georgia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher discrepancy in expenditure estimate of gdp, Georgia or Latvia?
Georgia, at 0 current LCU against 0 current LCU in Latvia as of 2025.
What is the difference in discrepancy in expenditure estimate of gdp between Georgia and Latvia?
0 current LCU, with Georgia ahead.
How many years of comparable data are there for Georgia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Georgia and Latvia rank globally for discrepancy in expenditure estimate of gdp?
Georgia ranks 77th and Latvia ranks 77th of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Discrepancy in expenditure estimate of GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Latvia: Discrepancy in expenditure estimate of GDP. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/discrepancy-in-expenditure-estimate-of-gdp-current-lcu/georgia/latvia/

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About this data

Indicator
Discrepancy in expenditure estimate of GDP (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,499 data points, 1960–2025
Last refreshed

Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.