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 42.27 billion current US$ against 36.74 billion current US$ in Cyprus, a difference of 5.53 billion current US$.
That makes Latvia's figure about 1.2 times Cyprus's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Cyprus ahead.
Cyprus ranks 103rd and Latvia ranks 100th of 207 countries.
Across the 4 decades both report, Cyprus averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.26 billion current US$ | 5.67 billion current US$ | 3.59 billion current US$ | Cyprus |
| 2000s | 15.83 billion current US$ | 15.69 billion current US$ | 135.28 million current US$ | Cyprus |
| 2010s | 21.26 billion current US$ | 24.96 billion current US$ | 3.70 billion current US$ | Latvia |
| 2020s | 29.79 billion current US$ | 35.60 billion current US$ | 5.82 billion current US$ | 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 42.27 billion current US$ against 36.74 billion current US$ in Cyprus as of 2025.
- What is the difference in gross value added at basic prices (gva) between Cyprus and Latvia?
- 5.53 billion current US$, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Latvia rank globally for gross value added at basic prices (gva)?
- Cyprus ranks 103rd and Latvia ranks 100th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.