Lao People's Democratic Republic vs Latvia: Gross Domestic Product, GDP in millions constant 2021 international $
Gross Domestic Product, GDP in millions constant 2021 international $ over time
- Lao People's Democratic Republic
- Latvia
How they compare
Latvia currently reports 76,610 against 71,386 in Lao People's Democratic Republic, a difference of 5,224.
That makes Latvia's figure about 1.1 times Lao People's Democratic Republic's.
Across all 37 years both countries report, Latvia has been ahead every year.
Lao People's Democratic Republic ranks 115th and Latvia ranks 114th of 188 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11,753 | 29,926 | 18,174 | Latvia |
| 2000s | 21,372 | 49,043 | 27,672 | Latvia |
| 2010s | 44,417 | 59,512 | 15,094 | Latvia |
| 2020s | 64,487 | 71,937 | 7,450 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product, gdp in millions constant 2021 international $, Lao People's Democratic Republic or Latvia?
- Latvia, at 76,610 against 71,386 in Lao People's Democratic Republic as of 2027.
- What is the difference in gross domestic product, gdp in millions constant 2021 international $ between Lao People's Democratic Republic and Latvia?
- 5,224, with Latvia ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Latvia?
- 37 years are reported by both, from 1991 to 2027.
- How do Lao People's Democratic Republic and Latvia rank globally for gross domestic product, gdp in millions constant 2021 international $?
- Lao People's Democratic Republic ranks 115th and Latvia ranks 114th of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.