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

Greece
23,451 2011$
in 2018
Latvia
24,313 2011$
in 2018
Greece rank
47th
Latvia rank
46th

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

  • Greece
  • Latvia
010.0k20.0k30.0k183319252018

How they compare

Latvia currently reports 24,313 2011$ against 23,451 2011$ in Greece, a difference of 862 2011$.

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

Greece ranks 47th and Latvia ranks 46th of 145 countries.

Across the 5 decades both report, Greece averaged higher in 4 and Latvia in 1.

Head to head by decade

Decade Greece Latvia Difference Ahead
1970s 12,202 2011$ 12,506 2011$ 304 2011$ Latvia
1980s 14,777 2011$ 14,466 2011$ 310.7 2011$ Greece
1990s 17,489 2011$ 10,470 2011$ 7,018 2011$ Greece
2000s 25,533 2011$ 16,111 2011$ 9,422 2011$ Greece
2010s 23,272 2011$ 20,764 2011$ 2,508 2011$ Greece

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, Greece or Latvia?
Latvia, at 24,313 2011$ against 23,451 2011$ in Greece as of 2018.
What is the difference in divergence of gdp per capita among latecomers to the capitalist revolution between Greece and Latvia?
862 2011$, with Latvia ahead.
How many years of comparable data are there for Greece and Latvia?
40 years are reported by both, from 1973 to 2018.
How do Greece and Latvia rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
Greece ranks 47th 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.

Individual pages

Share, cite or embed this page

Cite this page

Greece 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/greece/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/greece/latvia/">Greece 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]