Iceland vs Latvia: GERD by sector of performance and socioeconomic objectives

Iceland
757.42 Million euro
in 2024
Latvia
372.64 Million euro
in 2024
Iceland rank
45th
Latvia rank
46th

GERD by sector of performance and socioeconomic objectives over time

  • Iceland
  • Latvia
0200400600800200320132024

How they compare

Iceland currently reports 757.42 Million euro against 372.64 Million euro in Latvia, a difference of 384.78 Million euro.

That makes Iceland's figure about 2.0 times Latvia's.

Across all 19 years both countries report, Iceland has been ahead every year.

Iceland ranks 45th and Latvia ranks 46th of 52 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
2000s 325.6 Million euro 95.8 Million euro 229.8 Million euro Iceland
2010s 360.98 Million euro 153.15 Million euro 207.83 Million euro Iceland
2020s 662.55 Million euro 292.02 Million euro 370.53 Million euro Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gerd by sector of performance and socioeconomic objectives, Iceland or Latvia?
Iceland, at 757.42 Million euro against 372.64 Million euro in Latvia as of 2024.
What is the difference in gerd by sector of performance and socioeconomic objectives between Iceland and Latvia?
384.78 Million euro, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
19 years are reported by both, from 2003 to 2024.
How do Iceland and Latvia rank globally for gerd by sector of performance and socioeconomic objectives?
Iceland ranks 45th and Latvia ranks 46th of 52 countries.
Where does this data come from?
Eurostat, published as GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Latvia: GERD by sector of performance and socioeconomic objectives. Statizoid, drawing on Eurostat. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gerd-by-sector-of-performance-and-socioeconomic-objectives-nabs-2007/iceland/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Eurostat); please keep the attribution.

<a href="https://economy.statizoid.com/compare/gerd-by-sector-of-performance-and-socioeconomic-objectives-nabs-2007/iceland/latvia/">Iceland vs Latvia: GERD by sector of performance and socioeconomic objectives</a> — Statizoid

About this data

Indicator
GERD by sector of performance and socioeconomic objectives (NABS 2007)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,141 data points, 2003–2024
Last refreshed