Latvia vs Luxembourg: Gross domestic product (GDP) and main components (output, expenditure)

Latvia
105.56 Chain linked volumes, index 2020=100
in 2026
Luxembourg
105.44 Chain linked volumes, index 2020=100
in 2026
Latvia rank
33rd
Luxembourg rank
35th

Gross domestic product (GDP) and main components (output, expenditure) over time

  • Latvia
  • Luxembourg
0255075100125199520102026

How they compare

Latvia currently reports 105.56 Chain linked volumes, index 2020=100 against 105.44 Chain linked volumes, index 2020=100 in Luxembourg, a difference of 0.12 Chain linked volumes, index 2020=100.

The two have swapped places 1 time across 32 shared years of data; in 1995 it was Luxembourg ahead.

Latvia ranks 33rd and Luxembourg ranks 35th of 46 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Luxembourg in 1.

Head to head by decade

Decade Latvia Luxembourg Difference Ahead
1990s 49.36 Chain linked volumes, index 2020=100 52.26 Chain linked volumes, index 2020=100 2.9 Chain linked volumes, index 2020=100 Luxembourg
2000s 83.99 Chain linked volumes, index 2020=100 73.03 Chain linked volumes, index 2020=100 10.97 Chain linked volumes, index 2020=100 Latvia
2010s 100.27 Chain linked volumes, index 2020=100 93.11 Chain linked volumes, index 2020=100 7.16 Chain linked volumes, index 2020=100 Latvia
2020s 112.08 Chain linked volumes, index 2020=100 107.25 Chain linked volumes, index 2020=100 4.83 Chain linked volumes, index 2020=100 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp) and main components (output, expenditure), Latvia or Luxembourg?
Latvia, at 105.56 Chain linked volumes, index 2020=100 against 105.44 Chain linked volumes, index 2020=100 in Luxembourg as of 2026.
What is the difference in gross domestic product (gdp) and main components (output, expenditure) between Latvia and Luxembourg?
0.12 Chain linked volumes, index 2020=100, with Latvia ahead.
How many years of comparable data are there for Latvia and Luxembourg?
32 years are reported by both, from 1995 to 2026.
How do Latvia and Luxembourg rank globally for gross domestic product (gdp) and main components (output, expenditure)?
Latvia ranks 33rd and Luxembourg ranks 35th of 46 countries.
Where does this data come from?
Eurostat, published as Gross domestic product (GDP) and main components (output, expenditure and income) - quarterly data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Luxembourg: Gross domestic product (GDP) and main components (output, expenditure). Statizoid, drawing on Eurostat. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-and-main-components-output-expenditure-and-income-quarterly/latvia-2/luxembourg/

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About this data

Indicator
Gross domestic product (GDP) and main components (output, expenditure and income) - quarterly data
Unit
Chain linked volumes, index 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
51 places, 1,604 data points, 1978–2026
Last refreshed