Germany vs Latvia: Gross value added and income by detailed industry (NACE Rev.2 )
Germany
105.69 Chain linked volumes, index 2020=100
in 2025
Latvia
108.44 Chain linked volumes, index 2020=100
in 2024
Germany rank
41st
Latvia rank
38th
Gross value added and income by detailed industry (NACE Rev.2 ) over time
- Germany
- Latvia
How they compare
Latvia currently reports 108.44 Chain linked volumes, index 2020=100 against 105.69 Chain linked volumes, index 2020=100 in Germany, a difference of 2.75 Chain linked volumes, index 2020=100.
The two have swapped places 3 times across 30 shared years of data; in 1995 it was Germany ahead.
Germany ranks 41st and Latvia ranks 38th of 46 countries.
Across the 4 decades both report, Germany averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Germany | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 75.04 Chain linked volumes, index 2020=100 | 45.35 Chain linked volumes, index 2020=100 | 29.69 Chain linked volumes, index 2020=100 | Germany |
| 2000s | 84.45 Chain linked volumes, index 2020=100 | 75.95 Chain linked volumes, index 2020=100 | 8.5 Chain linked volumes, index 2020=100 | Germany |
| 2010s | 96.88 Chain linked volumes, index 2020=100 | 92.7 Chain linked volumes, index 2020=100 | 4.18 Chain linked volumes, index 2020=100 | Germany |
| 2020s | 104.36 Chain linked volumes, index 2020=100 | 106.69 Chain linked volumes, index 2020=100 | 2.32 Chain linked volumes, index 2020=100 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added and income by detailed industry, Germany or Latvia?
- Latvia, at 108.44 Chain linked volumes, index 2020=100 against 105.69 Chain linked volumes, index 2020=100 in Germany as of 2024.
- What is the difference in gross value added and income by detailed industry between Germany and Latvia?
- 2.75 Chain linked volumes, index 2020=100, with Latvia ahead.
- How many years of comparable data are there for Germany and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Germany and Latvia rank globally for gross value added and income by detailed industry?
- Germany ranks 41st and Latvia ranks 38th of 46 countries.
- Where does this data come from?
- Eurostat, published as Gross value added and income by detailed industry (NACE Rev.2 ). Statizoid refreshes it automatically from the source and publishes the full history for both places.