Hungary vs Latvia: Divergence of GDP per capita among latecomers to the capitalist revolution
Hungary
25,623 2011$
in 2018
Latvia
24,313 2011$
in 2018
Hungary rank
43rd
Latvia rank
46th
Divergence of GDP per capita among latecomers to the capitalist revolution over time
- Hungary
- Latvia
How they compare
Hungary currently reports 25,623 2011$ against 24,313 2011$ in Latvia, a difference of 1,310 2011$.
That makes Hungary's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 40 shared years of data; in 1973 it was Latvia ahead.
Hungary ranks 43rd and Latvia ranks 46th of 145 countries.
Across the 5 decades both report, Hungary averaged higher in 2 and Latvia in 3.
Head to head by decade
| Decade | Hungary | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8,920 2011$ | 12,506 2011$ | 3,586 2011$ | Latvia |
| 1980s | 10,597 2011$ | 14,466 2011$ | 3,870 2011$ | Latvia |
| 1990s | 10,319 2011$ | 10,470 2011$ | 151.45 2011$ | Latvia |
| 2000s | 17,179 2011$ | 16,111 2011$ | 1,068 2011$ | Hungary |
| 2010s | 22,307 2011$ | 20,764 2011$ | 1,542 2011$ | Hungary |
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, Hungary or Latvia?
- Hungary, at 25,623 2011$ against 24,313 2011$ in Latvia as of 2018.
- What is the difference in divergence of gdp per capita among latecomers to the capitalist revolution between Hungary and Latvia?
- 1,310 2011$, with Hungary ahead.
- How many years of comparable data are there for Hungary and Latvia?
- 40 years are reported by both, from 1973 to 2018.
- How do Hungary and Latvia rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
- Hungary ranks 43rd 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
About this data
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]