Latvia vs Thailand: Gross domestic product (GDP), Constant prices, Percent change

Latvia
2.37
in 2031
Thailand
2.5
in 2031
Latvia rank
18th
Thailand rank
15th

Gross domestic product (GDP), Constant prices, Percent change over time

  • Latvia
  • Thailand
-20-10010198020052031

How they compare

Thailand currently reports 2.5 against 2.37 in Latvia, a difference of 0.13.

That makes Thailand's figure about 1.1 times Latvia's.

The two have swapped places 14 times across 39 shared years of data; in 1993 it was Thailand ahead.

Latvia ranks 18th and Thailand ranks 15th of 26 countries.

Across the 5 decades both report, Latvia averaged higher in 2 and Thailand in 3.

Head to head by decade

Decade Latvia Thailand Difference Ahead
1990s 1.37 3.52 2.15 Thailand
2000s 5.25 4.32 0.9395 Latvia
2010s 2.56 3.64 1.08 Thailand
2020s 1.59 1.41 0.1803 Latvia
2030s 2.37 2.5 0.1317 Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), constant prices, percent change, Latvia or Thailand?
Thailand, at 2.5 against 2.37 in Latvia as of 2031.
What is the difference in gross domestic product (gdp), constant prices, percent change between Latvia and Thailand?
0.13, with Thailand ahead.
How many years of comparable data are there for Latvia and Thailand?
39 years are reported by both, from 1993 to 2031.
How do Latvia and Thailand rank globally for gross domestic product (gdp), constant prices, percent change?
Latvia ranks 18th and Thailand ranks 15th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Percent change (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Thailand: Gross domestic product (GDP), Constant prices, Percent change. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-constant-prices-percent-change-9-26-2025/latvia/thailand/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Percent change (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,271 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.