Estonia vs Latvia: GDP
GDP over time
- Estonia
- Latvia
How they compare
Latvia currently reports 48.62 billion current US$ against 47.03 billion current US$ in Estonia, a difference of 1.59 billion current US$.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.
Estonia ranks 103rd and Latvia ranks 101st of 211 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.17 billion current US$ | 6.41 billion current US$ | 1.24 billion current US$ | Latvia |
| 2000s | 13.89 billion current US$ | 17.63 billion current US$ | 3.74 billion current US$ | Latvia |
| 2010s | 25.70 billion current US$ | 28.58 billion current US$ | 2.88 billion current US$ | Latvia |
| 2020s | 39.81 billion current US$ | 40.83 billion current US$ | 1.01 billion current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Estonia or Latvia?
- Latvia, at 48.62 billion current US$ against 47.03 billion current US$ in Estonia as of 2025.
- What is the difference in gdp between Estonia and Latvia?
- 1.59 billion current US$, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Latvia rank globally for gdp?
- Estonia ranks 103rd and Latvia ranks 101st of 211 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.