Kuwait vs Latvia: GDP

Kuwait
49.14 billion
in 2024
Latvia
40.36 billion
in 2024
Kuwait rank
60th
Latvia rank
62nd

GDP over time

  • Kuwait
  • Latvia
020.0B40.0B60.0B196219932024

How they compare

Kuwait currently reports 49.14 billion against 40.36 billion in Latvia, a difference of 8.78 billion.

That makes Kuwait's figure about 1.2 times Latvia's.

Across all 35 years both countries report, Kuwait has been ahead every year.

Kuwait ranks 60th and Latvia ranks 62nd of 74 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 7.27 billion 3.28 billion 3.99 billion Kuwait
2000s 22.14 billion 13.47 billion 8.67 billion Kuwait
2010s 40.88 billion 23.47 billion 17.41 billion Kuwait
2020s 46.98 billion 35.50 billion 11.48 billion Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Kuwait or Latvia?
Kuwait, at 49.14 billion against 40.36 billion in Latvia as of 2024.
What is the difference in gdp between Kuwait and Latvia?
8.78 billion, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Latvia?
35 years are reported by both, from 1990 to 2024.
How do Kuwait and Latvia rank globally for gdp?
Kuwait ranks 60th and Latvia ranks 62nd of 74 countries.
Where does this data come from?
UNICEF, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Latvia: GDP. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/gdp-current-lcu-3/kuwait/latvia/

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About this data

Indicator
GDP (current LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,784 data points, 1960–2024
Last refreshed