Cyprus vs Latvia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 28.06 billion constant LCU against 26.92 billion constant LCU in Cyprus, a difference of 1.13 billion constant LCU.
Across all 31 years both countries report, Latvia has been ahead every year.
Cyprus ranks 152nd and Latvia ranks 151st of 197 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.93 billion constant LCU | 11.50 billion constant LCU | 574.24 million constant LCU | Latvia |
| 2000s | 15.11 billion constant LCU | 19.27 billion constant LCU | 4.15 billion constant LCU | Latvia |
| 2010s | 17.54 billion constant LCU | 23.52 billion constant LCU | 5.98 billion constant LCU | Latvia |
| 2020s | 24.00 billion constant LCU | 27.23 billion constant LCU | 3.23 billion constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Cyprus or Latvia?
- Latvia, at 28.06 billion constant LCU against 26.92 billion constant LCU in Cyprus as of 2025.
- What is the difference in gross value added at basic prices (gva) between Cyprus and Latvia?
- 1.13 billion constant LCU, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Latvia rank globally for gross value added at basic prices (gva)?
- Cyprus ranks 152nd and Latvia ranks 151st of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.