Latvia vs Russian Federation: GNI per capita, PPP
GNI per capita, PPP over time
- Latvia
- Russian Federation
How they compare
Russian Federation currently reports 38,912 constant 2021 international $ against 36,880 constant 2021 international $ in Latvia, a difference of 2,032 constant 2021 international $.
That makes Russian Federation's figure about 1.1 times Latvia's.
Across all 12 years both countries report, Russian Federation has been ahead every year.
Latvia ranks 48th and Russian Federation ranks 45th of 159 countries.
Russian Federation has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 30,012 constant 2021 international $ | 35,496 constant 2021 international $ | 5,484 constant 2021 international $ | Russian Federation |
| 2020s | 35,873 constant 2021 international $ | 37,353 constant 2021 international $ | 1,480 constant 2021 international $ | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni per capita, ppp, Latvia or Russian Federation?
- Russian Federation, at 38,912 constant 2021 international $ against 36,880 constant 2021 international $ in Latvia as of 2023.
- What is the difference in gni per capita, ppp between Latvia and Russian Federation?
- 2,032 constant 2021 international $, with Russian Federation ahead.
- How many years of comparable data are there for Latvia and Russian Federation?
- 12 years are reported by both, from 2012 to 2023.
- How do Latvia and Russian Federation rank globally for gni per capita, ppp?
- Latvia ranks 48th and Russian Federation ranks 45th of 159 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI 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 national income (GNI) 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 national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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.