Latvia vs Luxembourg: GDP weights used in the calculation of the global specific indicator

Latvia
0.3%
in 2023
Luxembourg
0.4%
in 2023
Latvia rank
32nd
Luxembourg rank
29th

GDP weights used in the calculation of the global specific indicator over time

  • Latvia
  • Luxembourg
00.10.20.30.4201420182023

How they compare

Luxembourg currently reports 0.4% against 0.3% in Latvia, a difference of 0.1%.

That makes Luxembourg's figure about 1.3 times Latvia's.

Across all 10 years both countries report, Luxembourg has been ahead every year.

Latvia ranks 32nd and Luxembourg ranks 29th of 37 countries.

Luxembourg has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Luxembourg Difference Ahead
2010s 0.3% 0.3% 0.0% Luxembourg
2020s 0.3% 0.4% 0.1% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp weights used in the calculation of the global specific indicator, Latvia or Luxembourg?
Luxembourg, at 0.4% against 0.3% in Latvia as of 2023.
What is the difference in gdp weights used in the calculation of the global specific indicator between Latvia and Luxembourg?
0.1%, with Luxembourg ahead.
How many years of comparable data are there for Latvia and Luxembourg?
10 years are reported by both, from 2014 to 2023.
How do Latvia and Luxembourg rank globally for gdp weights used in the calculation of the global specific indicator?
Latvia ranks 32nd and Luxembourg ranks 29th of 37 countries.
Where does this data come from?
Eurostat, published as GDP weights used in the calculation of the global specific indicator. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Luxembourg: GDP weights used in the calculation of the global specific indicator. Statizoid, drawing on Eurostat. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gdp-weights-used-in-the-calculation-of-the-global-specific-indicator/latvia/luxembourg/

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<a href="https://economy.statizoid.com/compare/gdp-weights-used-in-the-calculation-of-the-global-specific-indicator/latvia/luxembourg/">Latvia vs Luxembourg: GDP weights used in the calculation of the global specific indicator</a> — Statizoid

About this data

Indicator
GDP weights used in the calculation of the global specific indicator
Unit
Percentage of EU27 (from 2020) total (based on million purchasing power standard
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 374 data points, 2014–2023
Last refreshed