Latvia vs Malaysia: Divergence of GDP per capita among latecomers to the capitalist revolution
Latvia
24,313 2011$
in 2018
Malaysia
24,842 2011$
in 2018
Latvia rank
46th
Malaysia rank
45th
Divergence of GDP per capita among latecomers to the capitalist revolution over time
- Latvia
- Malaysia
How they compare
Malaysia currently reports 24,842 2011$ against 24,313 2011$ in Latvia, a difference of 529 2011$.
The two have swapped places 3 times across 40 shared years of data; in 1973 it was Latvia ahead.
Latvia ranks 46th and Malaysia ranks 45th of 145 countries.
Across the 5 decades both report, Latvia averaged higher in 3 and Malaysia in 2.
Head to head by decade
| Decade | Latvia | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12,506 2011$ | 4,081 2011$ | 8,425 2011$ | Latvia |
| 1980s | 14,466 2011$ | 6,629 2011$ | 7,837 2011$ | Latvia |
| 1990s | 10,470 2011$ | 10,985 2011$ | 514.49 2011$ | Malaysia |
| 2000s | 16,111 2011$ | 15,455 2011$ | 655.55 2011$ | Latvia |
| 2010s | 20,764 2011$ | 21,657 2011$ | 892.34 2011$ | Malaysia |
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, Latvia or Malaysia?
- Malaysia, at 24,842 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 Latvia and Malaysia?
- 529 2011$, with Malaysia ahead.
- How many years of comparable data are there for Latvia and Malaysia?
- 40 years are reported by both, from 1973 to 2018.
- How do Latvia and Malaysia rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
- Latvia ranks 46th and Malaysia ranks 45th 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]