Latvia vs North Macedonia: Gross value added at basic prices (GVA) (constant 2015 US$), per unit

Latvia
0.5567 constant 2015 US$ per US$ of GDP
in 2025
North Macedonia
0.5645 constant 2015 US$ per US$ of GDP
in 2025
Latvia rank
172nd
North Macedonia rank
170th

Gross value added at basic prices (GVA) (constant 2015 US$), per unit over time

  • Latvia
  • North Macedonia
0.511.52199020072025

How they compare

North Macedonia currently reports 0.5645 constant 2015 US$ per US$ of GDP against 0.5567 constant 2015 US$ per US$ of GDP in Latvia, a difference of 0.0078 constant 2015 US$ per US$ of GDP.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 172nd and North Macedonia ranks 170th of 193 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and North Macedonia in 1.

Head to head by decade

Decade Latvia North Macedonia Difference Ahead
1990s 1.73 constant 2015 US$ per US$ of GDP 1.25 constant 2015 US$ per US$ of GDP 0.4875 constant 2015 US$ per US$ of GDP Latvia
2000s 1.23 constant 2015 US$ per US$ of GDP 1.1 constant 2015 US$ per US$ of GDP 0.1292 constant 2015 US$ per US$ of GDP Latvia
2010s 0.7967 constant 2015 US$ per US$ of GDP 0.7843 constant 2015 US$ per US$ of GDP 0.0125 constant 2015 US$ per US$ of GDP Latvia
2020s 0.6508 constant 2015 US$ per US$ of GDP 0.6617 constant 2015 US$ per US$ of GDP 0.011 constant 2015 US$ per US$ of GDP North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (constant 2015 us$), per unit, Latvia or North Macedonia?
North Macedonia, at 0.5645 constant 2015 US$ per US$ of GDP against 0.5567 constant 2015 US$ per US$ of GDP in Latvia as of 2025.
What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Latvia and North Macedonia?
0.0078 constant 2015 US$ per US$ of GDP, with North Macedonia ahead.
How many years of comparable data are there for Latvia and North Macedonia?
31 years are reported by both, from 1995 to 2025.
How do Latvia and North Macedonia rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Latvia ranks 172nd and North Macedonia ranks 170th of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs North Macedonia: Gross value added at basic prices (GVA) (constant 2015 US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/latvia/north-macedonia/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.