Bosnia and Herzegovina vs Latvia: GNI, PPP
GNI, PPP over time
- Bosnia and Herzegovina
- Latvia
How they compare
Latvia currently reports 68.82 billion constant 2021 international $ against 66.37 billion constant 2021 international $ in Bosnia and Herzegovina, a difference of 2.45 billion constant 2021 international $.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 97th and Latvia ranks 95th of 159 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 39.45 billion constant 2021 international $ | 45.50 billion constant 2021 international $ | 6.05 billion constant 2021 international $ | Latvia |
| 2010s | 49.04 billion constant 2021 international $ | 57.08 billion constant 2021 international $ | 8.04 billion constant 2021 international $ | Latvia |
| 2020s | 59.07 billion constant 2021 international $ | 67.91 billion constant 2021 international $ | 8.85 billion constant 2021 international $ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Bosnia and Herzegovina or Latvia?
- Latvia, at 68.82 billion constant 2021 international $ against 66.37 billion constant 2021 international $ in Bosnia and Herzegovina as of 2024.
- What is the difference in gni, ppp between Bosnia and Herzegovina and Latvia?
- 2.45 billion constant 2021 international $, with Latvia ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Bosnia and Herzegovina and Latvia rank globally for gni, ppp?
- Bosnia and Herzegovina ranks 97th and Latvia ranks 95th of 159 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross national income (GNI) 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. 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.