Iceland vs Latvia: Gross Domestic Product, GDP in millions constant 2021 international $
Iceland
2.42 % change on previous year
in 2027
Latvia
2.35 % change on previous year
in 2027
Iceland rank
126th
Latvia rank
129th
Gross Domestic Product, GDP in millions constant 2021 international $ over time
- Iceland
- Latvia
How they compare
Iceland currently reports 2.42 % change on previous year against 2.35 % change on previous year in Latvia, a difference of 0.07 % change on previous year.
The two have swapped places 12 times across 36 shared years of data; in 1992 it was Iceland ahead.
Iceland ranks 126th and Latvia ranks 129th of 189 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.93 % change on previous year | -1.88 % change on previous year | 4.8 % change on previous year | Iceland |
| 2000s | 3.49 % change on previous year | 5.25 % change on previous year | 1.76 % change on previous year | Latvia |
| 2010s | 2.8 % change on previous year | 2.56 % change on previous year | 0.2412 % change on previous year | Iceland |
| 2020s | 2.22 % change on previous year | 1.65 % change on previous year | 0.5611 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product, gdp in millions constant 2021 international $, Iceland or Latvia?
- Iceland, at 2.42 % change on previous year against 2.35 % change on previous year in Latvia as of 2027.
- What is the difference in gross domestic product, gdp in millions constant 2021 international $ between Iceland and Latvia?
- 0.07 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 36 years are reported by both, from 1992 to 2027.
- How do Iceland and Latvia rank globally for gross domestic product, gdp in millions constant 2021 international $?
- Iceland ranks 126th and Latvia ranks 129th of 189 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.