Hungary vs Latvia: GDP per capita, PPP
GDP per capita, PPP over time
- Hungary
- Latvia
How they compare
Hungary currently reports 41,161 constant 2021 international $ against 38,800 constant 2021 international $ in Latvia, a difference of 2,361 constant 2021 international $.
That makes Hungary's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Hungary ahead.
Hungary ranks 54th and Latvia ranks 57th of 200 countries.
Hungary has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19,425 constant 2021 international $ | 12,514 constant 2021 international $ | 6,912 constant 2021 international $ | Hungary |
| 2000s | 26,378 constant 2021 international $ | 21,896 constant 2021 international $ | 4,483 constant 2021 international $ | Hungary |
| 2010s | 31,471 constant 2021 international $ | 29,979 constant 2021 international $ | 1,492 constant 2021 international $ | Hungary |
| 2020s | 39,643 constant 2021 international $ | 37,092 constant 2021 international $ | 2,551 constant 2021 international $ | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Hungary or Latvia?
- Hungary, at 41,161 constant 2021 international $ against 38,800 constant 2021 international $ in Latvia as of 2025.
- What is the difference in gdp per capita, ppp between Hungary and Latvia?
- 2,361 constant 2021 international $, with Hungary ahead.
- How many years of comparable data are there for Hungary and Latvia?
- 36 years are reported by both, from 1990 to 2025.
- How do Hungary and Latvia rank globally for gdp per capita, ppp?
- Hungary ranks 54th and Latvia ranks 57th of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.