Estonia vs Latvia: Gross domestic product (GDP), Current prices, Purchasing power parity
Estonia
85.32 billion
in 2031
Latvia
104.91 billion
in 2031
Estonia rank
23rd
Latvia rank
22nd
Gross domestic product (GDP), Current prices, Purchasing power parity over time
- Estonia
- Latvia
How they compare
Latvia currently reports 104.91 billion against 85.32 billion in Estonia, a difference of 19.58 billion.
That makes Latvia's figure about 1.2 times Estonia's.
Across all 39 years both countries report, Latvia has been ahead every year.
Estonia ranks 23rd and Latvia ranks 22nd 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 | 13.79 billion | 16.40 billion | 2.61 billion | Latvia |
| 2000s | 27.23 billion | 33.57 billion | 6.34 billion | Latvia |
| 2010s | 41.05 billion | 48.69 billion | 7.64 billion | Latvia |
| 2020s | 67.54 billion | 79.92 billion | 12.39 billion | Latvia |
| 2030s | 83.88 billion | 102.79 billion | 18.91 billion | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), current prices, purchasing power parity, Estonia or Latvia?
- Latvia, at 104.91 billion against 85.32 billion in Estonia as of 2031.
- What is the difference in gross domestic product (gdp), current prices, purchasing power parity between Estonia and Latvia?
- 19.58 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, purchasing power parity?
- Estonia ranks 23rd and Latvia ranks 22nd of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross domestic product (GDP), Current prices, Purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (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.