Estonia vs Latvia: GDP
Estonia
28.95 billion
in 2024
Latvia
31.54 billion
in 2024
Estonia rank
63rd
Latvia rank
61st
GDP over time
- Estonia
- Latvia
How they compare
Latvia currently reports 31.54 billion against 28.95 billion in Estonia, a difference of 2.59 billion.
That makes Latvia's figure about 1.1 times Estonia's.
Across all 35 years both countries report, Latvia has been ahead every year.
Estonia ranks 63rd and Latvia ranks 61st of 74 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.34 billion | 14.20 billion | 1.86 billion | Latvia |
| 2000s | 19.59 billion | 22.04 billion | 2.44 billion | Latvia |
| 2010s | 24.55 billion | 26.74 billion | 2.19 billion | Latvia |
| 2020s | 29.14 billion | 31.08 billion | 1.94 billion | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Estonia or Latvia?
- Latvia, at 31.54 billion against 28.95 billion in Estonia as of 2024.
- What is the difference in gdp between Estonia and Latvia?
- 2.59 billion, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 35 years are reported by both, from 1990 to 2024.
- How do Estonia and Latvia rank globally for gdp?
- Estonia ranks 63rd and Latvia ranks 61st of 74 countries.
- Where does this data come from?
- UNICEF, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.