Latvia vs Oman: GDP
GDP over time
- Latvia
- Oman
How they compare
Oman currently reports 39.30 billion constant LCU against 32.21 billion constant LCU in Latvia, a difference of 7.08 billion constant LCU.
That makes Oman's figure about 1.2 times Latvia's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Latvia ahead.
Latvia ranks 156th and Oman ranks 154th of 214 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Oman in 3.
Head to head by decade
| Decade | Latvia | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.20 billion constant LCU | 15.68 billion constant LCU | 1.48 billion constant LCU | Oman |
| 2000s | 22.04 billion constant LCU | 21.11 billion constant LCU | 928.76 million constant LCU | Latvia |
| 2010s | 26.74 billion constant LCU | 31.75 billion constant LCU | 5.01 billion constant LCU | Oman |
| 2020s | 31.27 billion constant LCU | 36.79 billion constant LCU | 5.52 billion constant LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Latvia or Oman?
- Oman, at 39.30 billion constant LCU against 32.21 billion constant LCU in Latvia as of 2025.
- What is the difference in gdp between Latvia and Oman?
- 7.08 billion constant LCU, with Oman ahead.
- How many years of comparable data are there for Latvia and Oman?
- 36 years are reported by both, from 1990 to 2025.
- How do Latvia and Oman rank globally for gdp?
- Latvia ranks 156th and Oman ranks 154th 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.
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About this data
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.