Latvia vs United States Virgin Islands: GDP per capita, PPP
GDP per capita, PPP over time
- Latvia
- United States Virgin Islands
How they compare
United States Virgin Islands currently reports 49,785 current international $ against 46,137 current international $ in Latvia, a difference of 3,648 current international $.
That makes United States Virgin Islands's figure about 1.1 times Latvia's.
Across all 21 years both countries report, United States Virgin Islands has been ahead every year.
Latvia ranks 57th and United States Virgin Islands ranks 54th of 204 countries.
United States Virgin Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | United States Virgin Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13,415 current international $ | 37,775 current international $ | 24,360 current international $ | United States Virgin Islands |
| 2010s | 22,989 current international $ | 35,589 current international $ | 12,601 current international $ | United States Virgin Islands |
| 2020s | 36,733 current international $ | 46,143 current international $ | 9,409 current international $ | United States Virgin Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Latvia or United States Virgin Islands?
- United States Virgin Islands, at 49,785 current international $ against 46,137 current international $ in Latvia as of 2022.
- What is the difference in gdp per capita, ppp between Latvia and United States Virgin Islands?
- 3,648 current international $, with United States Virgin Islands ahead.
- How many years of comparable data are there for Latvia and United States Virgin Islands?
- 21 years are reported by both, from 2002 to 2022.
- How do Latvia and United States Virgin Islands rank globally for gdp per capita, ppp?
- Latvia ranks 57th and United States Virgin Islands ranks 54th 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.