Cyprus vs Latvia: Gross domestic income
Gross domestic income over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 32.29 billion constant LCU against 30.75 billion constant LCU in Cyprus, a difference of 1.54 billion constant LCU.
That makes Latvia's figure about 1.1 times Cyprus's.
Across all 31 years both countries report, Latvia has been ahead every year.
Cyprus ranks 145th and Latvia ranks 143rd of 178 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.26 billion constant LCU | 12.76 billion constant LCU | 501.08 million constant LCU | Latvia |
| 2000s | 17.19 billion constant LCU | 21.05 billion constant LCU | 3.86 billion constant LCU | Latvia |
| 2010s | 19.85 billion constant LCU | 25.59 billion constant LCU | 5.74 billion constant LCU | Latvia |
| 2020s | 27.21 billion constant LCU | 31.00 billion constant LCU | 3.79 billion constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Cyprus or Latvia?
- Latvia, at 32.29 billion constant LCU against 30.75 billion constant LCU in Cyprus as of 2025.
- What is the difference in gross domestic income between Cyprus and Latvia?
- 1.54 billion constant LCU, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Latvia rank globally for gross domestic income?
- Cyprus ranks 145th and Latvia ranks 143rd of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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 varies by country. This series is expressed in local currency units.