Kuwait vs Latvia: GDP

Kuwait
41.91 billion constant LCU
in 2025
Latvia
32.21 billion constant LCU
in 2025
Kuwait rank
153rd
Latvia rank
156th

GDP over time

  • Kuwait
  • Latvia
10.0B20.0B30.0B40.0B197019972025

How they compare

Kuwait currently reports 41.91 billion constant LCU against 32.21 billion constant LCU in Latvia, a difference of 9.70 billion constant LCU.

That makes Kuwait's figure about 1.3 times Latvia's.

The two have swapped places 1 time across 36 shared years of data; in 1990 it was Latvia ahead.

Kuwait ranks 153rd and Latvia ranks 156th of 214 countries.

Kuwait has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Kuwait Latvia Difference Ahead
1990s 16.57 billion constant LCU 14.20 billion constant LCU 2.37 billion constant LCU Kuwait
2000s 28.87 billion constant LCU 22.04 billion constant LCU 6.83 billion constant LCU Kuwait
2010s 38.60 billion constant LCU 26.74 billion constant LCU 11.87 billion constant LCU Kuwait
2020s 40.74 billion constant LCU 31.27 billion constant LCU 9.47 billion constant LCU Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Kuwait or Latvia?
Kuwait, at 41.91 billion constant LCU against 32.21 billion constant LCU in Latvia as of 2025.
What is the difference in gdp between Kuwait and Latvia?
9.70 billion constant LCU, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Latvia?
36 years are reported by both, from 1990 to 2025.
How do Kuwait and Latvia rank globally for gdp?
Kuwait ranks 153rd and Latvia ranks 156th of 214 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.