Latvia vs Russian Federation: GDP per capita, PPP
GDP per capita, PPP over time
- Latvia
- Russian Federation
How they compare
Russian Federation currently reports 49,568 current international $ against 46,137 current international $ in Latvia, a difference of 3,431 current international $.
That makes Russian Federation's figure about 1.1 times Latvia's.
The two have swapped places 6 times across 36 shared years of data; in 1990 it was Russian Federation ahead.
Latvia ranks 57th and Russian Federation ranks 55th of 204 countries.
Russian Federation has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6,033 current international $ | 6,311 current international $ | 278.54 current international $ | Russian Federation |
| 2000s | 12,398 current international $ | 12,464 current international $ | 66.41 current international $ | Russian Federation |
| 2010s | 22,989 current international $ | 25,264 current international $ | 2,275 current international $ | Russian Federation |
| 2020s | 40,499 current international $ | 42,102 current international $ | 1,604 current international $ | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Latvia or Russian Federation?
- Russian Federation, at 49,568 current international $ against 46,137 current international $ in Latvia as of 2025.
- What is the difference in gdp per capita, ppp between Latvia and Russian Federation?
- 3,431 current international $, with Russian Federation ahead.
- How many years of comparable data are there for Latvia and Russian Federation?
- 36 years are reported by both, from 1990 to 2025.
- How do Latvia and Russian Federation rank globally for gdp per capita, ppp?
- Latvia ranks 57th and Russian Federation ranks 55th of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.