Latvia vs Montenegro: Gross domestic product (GDP), Purchasing power parity (PPP)

Latvia
0.0368
in 2031
Montenegro
0.0101
in 2031
Latvia rank
22nd
Montenegro rank
25th

Gross domestic product (GDP), Purchasing power parity (PPP) over time

  • Latvia
  • Montenegro
0.010.020.030.040.050.06199220112031

How they compare

Latvia currently reports 0.0368 against 0.0101 in Montenegro, a difference of 0.0267.

That makes Latvia's figure about 3.6 times Montenegro's.

Across all 32 years both countries report, Latvia has been ahead every year.

Latvia ranks 22nd and Montenegro ranks 25th of 26 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Montenegro Difference Ahead
2000s 0.0498 0.0108 0.039 Latvia
2010s 0.0434 0.01 0.0334 Latvia
2020s 0.0398 0.01 0.0298 Latvia
2030s 0.037 0.0101 0.0268 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), purchasing power parity (ppp), Latvia or Montenegro?
Latvia, at 0.0368 against 0.0101 in Montenegro as of 2031.
What is the difference in gross domestic product (gdp), purchasing power parity (ppp) between Latvia and Montenegro?
0.0267, with Latvia ahead.
How many years of comparable data are there for Latvia and Montenegro?
32 years are reported by both, from 2000 to 2031.
How do Latvia and Montenegro rank globally for gross domestic product (gdp), purchasing power parity (ppp)?
Latvia ranks 22nd and Montenegro ranks 25th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Purchasing power parity (PPP) international dollar, percent of world GDP, Percent, ICP benchmarks 2017-2021 (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Montenegro: Gross domestic product (GDP), Purchasing power parity (PPP). Statizoid, drawing on International Monetary Fund. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-purchasing-power-parity-ppp-international-dollar-percent-of/latvia/montenegro/

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About this data

Indicator
Gross domestic product (GDP), Purchasing power parity (PPP) international dollar, percent of world GDP, Percent, ICP benchmarks 2017-2021 (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.