Ecuador vs Latvia: Gross domestic product (GDP), Current prices, Domestic currency
Ecuador
171.30 billion
in 2031
Latvia
58.97 billion
in 2031
Ecuador rank
20th
Latvia rank
23rd
Gross domestic product (GDP), Current prices, Domestic currency over time
- Ecuador
- Latvia
How they compare
Ecuador currently reports 171.30 billion against 58.97 billion in Latvia, a difference of 112.33 billion.
That makes Ecuador's figure about 2.9 times Latvia's.
Across all 40 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 20th and Latvia ranks 23rd of 26 countries.
Ecuador has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Ecuador | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.92 billion | 4.18 billion | 16.75 billion | Ecuador |
| 2000s | 39.09 billion | 13.47 billion | 25.63 billion | Ecuador |
| 2010s | 94.86 billion | 23.47 billion | 71.39 billion | Ecuador |
| 2020s | 128.32 billion | 41.91 billion | 86.41 billion | Ecuador |
| 2030s | 167.56 billion | 57.58 billion | 109.98 billion | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), current prices, domestic currency, Ecuador or Latvia?
- Ecuador, at 171.30 billion against 58.97 billion in Latvia as of 2031.
- What is the difference in gross domestic product (gdp), current prices, domestic currency between Ecuador and Latvia?
- 112.33 billion, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Latvia?
- 40 years are reported by both, from 1992 to 2031.
- How do Ecuador and Latvia rank globally for gross domestic product (gdp), current prices, domestic currency?
- Ecuador ranks 20th and Latvia ranks 23rd of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross domestic product (GDP), Current prices, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.