Estonia vs Latvia: Gross domestic product (GDP), Price deflator, Index

Estonia
170.8
in 2031
Latvia
159.27
in 2031
Estonia rank
10th
Latvia rank
13th

Gross domestic product (GDP), Price deflator, Index over time

  • Estonia
  • Latvia
050100150199220112031

How they compare

Estonia currently reports 170.8 against 159.27 in Latvia, a difference of 11.53.

That makes Estonia's figure about 1.1 times Latvia's.

The two have swapped places 5 times across 39 shared years of data; in 1993 it was Latvia ahead.

Estonia ranks 10th and Latvia ranks 13th of 26 countries.

Across the 5 decades both report, Estonia averaged higher in 2 and Latvia in 3.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 29.53 34.55 5.02 Latvia
2000s 55.53 58.52 2.99 Latvia
2010s 85.36 87.28 1.92 Latvia
2020s 136.04 128.5 7.54 Estonia
2030s 168.6 157.3 11.3 Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), price deflator, index, Estonia or Latvia?
Estonia, at 170.8 against 159.27 in Latvia as of 2031.
What is the difference in gross domestic product (gdp), price deflator, index between Estonia and Latvia?
11.53, with Estonia 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), price deflator, index?
Estonia ranks 10th and Latvia ranks 13th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Price deflator, Index (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Gross domestic product (GDP), Price deflator, Index. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-price-deflator-index-9-26-2025/estonia/latvia/

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About this data

Indicator
Gross domestic product (GDP), Price deflator, Index (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,277 data points, 1980–2031
Last refreshed

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.