Estonia vs Latvia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Estonia
- Latvia
How they compare
Latvia currently reports 37.41 billion current LCU against 36.29 billion current LCU in Estonia, a difference of 1.11 billion current LCU.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.
Estonia ranks 160th and Latvia ranks 159th of 206 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.84 billion current LCU | 4.54 billion current LCU | 705.77 million current LCU | Latvia |
| 2000s | 9.86 billion current LCU | 11.99 billion current LCU | 2.13 billion current LCU | Latvia |
| 2010s | 18.39 billion current LCU | 20.48 billion current LCU | 2.10 billion current LCU | Latvia |
| 2020s | 31.50 billion current LCU | 32.10 billion current LCU | 600.28 million current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Estonia or Latvia?
- Latvia, at 37.41 billion current LCU against 36.29 billion current LCU in Estonia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Estonia and Latvia?
- 1.11 billion current LCU, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Latvia rank globally for gross value added at basic prices (gva)?
- Estonia ranks 160th and Latvia ranks 159th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.