Estonia vs Latvia: Gross domestic product (GDP), Current prices, Domestic currency
Estonia
55.53 billion
in 2031
Latvia
58.97 billion
in 2031
Estonia rank
24th
Latvia rank
23rd
Gross domestic product (GDP), Current prices, Domestic currency over time
- Estonia
- Latvia
How they compare
Latvia currently reports 58.97 billion against 55.53 billion in Estonia, a difference of 3.44 billion.
That makes Latvia's figure about 1.1 times Estonia's.
The two have swapped places 2 times across 39 shared years of data; in 1993 it was Latvia ahead.
Estonia ranks 24th and Latvia ranks 23rd of 26 countries.
Latvia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.60 billion | 4.53 billion | 924.33 million | Latvia |
| 2000s | 11.16 billion | 13.47 billion | 2.31 billion | Latvia |
| 2010s | 21.15 billion | 23.47 billion | 2.31 billion | Latvia |
| 2020s | 40.49 billion | 41.91 billion | 1.42 billion | Latvia |
| 2030s | 54.37 billion | 57.58 billion | 3.21 billion | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), current prices, domestic currency, Estonia or Latvia?
- Latvia, at 58.97 billion against 55.53 billion in Estonia as of 2031.
- What is the difference in gross domestic product (gdp), current prices, domestic currency between Estonia and Latvia?
- 3.44 billion, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 39 years are reported by both, from 1993 to 2031.
- How do Estonia and Latvia rank globally for gross domestic product (gdp), current prices, domestic currency?
- Estonia ranks 24th 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.