Chile vs Latvia: Divergence of GDP per capita among latecomers to the capitalist revolution

Chile
22,105 2011$
in 2018
Latvia
24,313 2011$
in 2018
Chile rank
49th
Latvia rank
46th

Divergence of GDP per capita among latecomers to the capitalist revolution over time

  • Chile
  • Latvia
05.0k10.0k15.0k20.0k25.0k180019092018

How they compare

Latvia currently reports 24,313 2011$ against 22,105 2011$ in Chile, a difference of 2,208 2011$.

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

The two have swapped places 4 times across 40 shared years of data; in 1973 it was Latvia ahead.

Chile ranks 49th and Latvia ranks 46th of 145 countries.

Across the 5 decades both report, Chile averaged higher in 3 and Latvia in 2.

Head to head by decade

Decade Chile Latvia Difference Ahead
1970s 7,911 2011$ 12,506 2011$ 4,595 2011$ Latvia
1980s 8,640 2011$ 14,466 2011$ 5,826 2011$ Latvia
1990s 13,105 2011$ 10,470 2011$ 2,634 2011$ Chile
2000s 16,899 2011$ 16,111 2011$ 788.49 2011$ Chile
2010s 20,962 2011$ 20,764 2011$ 197.48 2011$ Chile

Averages of every year both report within each decade.

Frequently asked questions

Which has higher divergence of gdp per capita among latecomers to the capitalist revolution, Chile or Latvia?
Latvia, at 24,313 2011$ against 22,105 2011$ in Chile as of 2018.
What is the difference in divergence of gdp per capita among latecomers to the capitalist revolution between Chile and Latvia?
2,208 2011$, with Latvia ahead.
How many years of comparable data are there for Chile and Latvia?
40 years are reported by both, from 1973 to 2018.
How do Chile and Latvia rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
Chile ranks 49th and Latvia ranks 46th of 145 countries.
Where does this data come from?
Maddison Project Database (2018) – processed by Our World in Data, published as Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Chile vs Latvia: Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid, drawing on Maddison Project Database (2018) – processed by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/chile/latvia/

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<a href="https://economy.statizoid.com/compare/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/chile/latvia/">Chile vs Latvia: Divergence of GDP per capita among latecomers to the capitalist revolution</a> — Statizoid

About this data

Indicator
Divergence of GDP per capita among latecomers to the capitalist revolution
Unit
2011$
Source
Maddison Project Database (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
145 places, 17,704 data points, 1000–2018
Last refreshed

Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]