What is the difference in gdp (constant 2015 us$), per unit of gdp between Iceland and Latvia?

0.0429 constant 2015 US$ per US$ of GDP, with Latvia ahead.

How many years of comparable data are there for Iceland and Latvia?

31 years are reported by both, from 1995 to 2025.

Where does this data come from?

Statizoid (derived), published as GDP (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Latvia: GDP (constant 2015 US$), per unit of GDP

Iceland

0.5991 constant 2015 US$ per US$ of GDP

in 2025

Latvia

0.642 constant 2015 US$ per US$ of GDP

in 2025

Iceland rank

191st

Latvia rank

188th

GDP (constant 2015 US$), per unit of GDP over time

Iceland
Latvia

How they compare

Latvia currently reports 0.642 constant 2015 US$ per US$ of GDP against 0.5991 constant 2015 US$ per US$ of GDP in Iceland, a difference of 0.0429 constant 2015 US$ per US$ of GDP.

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

The two have swapped places 6 times across 31 shared years of data; in 1995 it was Latvia ahead.

Iceland ranks 191st and Latvia ranks 188th of 210 countries.

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

Head to head by decade

Decade	Iceland	Latvia	Difference	Ahead
1990s	1.31 constant 2015 US$ per US$ of GDP	2.01 constant 2015 US$ per US$ of GDP	0.7013 constant 2015 US$ per US$ of GDP	Latvia
2000s	1.11 constant 2015 US$ per US$ of GDP	1.41 constant 2015 US$ per US$ of GDP	0.305 constant 2015 US$ per US$ of GDP	Latvia
2010s	0.9481 constant 2015 US$ per US$ of GDP	0.9091 constant 2015 US$ per US$ of GDP	0.039 constant 2015 US$ per US$ of GDP	Iceland
2020s	0.7357 constant 2015 US$ per US$ of GDP	0.7508 constant 2015 US$ per US$ of GDP	0.0151 constant 2015 US$ per US$ of GDP	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (constant 2015 us$), per unit of gdp, Iceland or Latvia?: Latvia, at 0.642 constant 2015 US$ per US$ of GDP against 0.5991 constant 2015 US$ per US$ of GDP in Iceland as of 2025.
What is the difference in gdp (constant 2015 us$), per unit of gdp between Iceland and Latvia?: 0.0429 constant 2015 US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Iceland and Latvia?: 31 years are reported by both, from 1995 to 2025.
How do Iceland and Latvia rank globally for gdp (constant 2015 us$), per unit of gdp?: Iceland ranks 191st and Latvia ranks 188th of 210 countries.
Where does this data come from?: Statizoid (derived), published as GDP (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: GDP (constant 2015 US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/gdp-constant-2015-us-per-unit-of-gdp/iceland/latvia/

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About this data

Indicator: GDP (constant 2015 US$), per unit of GDP
Unit: constant 2015 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 258 places, 14,390 data points, 1960–2025
Last refreshed: 26 August 2026

GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.