Latvia vs Macao: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Latvia
- Macao
How they compare
Macao currently reports 47.85 billion current US$ against 42.27 billion current US$ in Latvia, a difference of 5.58 billion current US$.
That makes Macao's figure about 1.1 times Latvia's.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Macao ahead.
Latvia ranks 100th and Macao ranks 97th of 207 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Macao in 3.
Head to head by decade
| Decade | Latvia | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.67 billion current US$ | 6.45 billion current US$ | 774.14 million current US$ | Macao |
| 2000s | 15.69 billion current US$ | 12.10 billion current US$ | 3.60 billion current US$ | Latvia |
| 2010s | 24.96 billion current US$ | 46.11 billion current US$ | 21.15 billion current US$ | Macao |
| 2020s | 34.27 billion current US$ | 34.41 billion current US$ | 139.52 million current US$ | Macao |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Latvia or Macao?
- Macao, at 47.85 billion current US$ against 42.27 billion current US$ in Latvia as of 2024.
- What is the difference in gross value added at basic prices (gva) between Latvia and Macao?
- 5.58 billion current US$, with Macao ahead.
- How many years of comparable data are there for Latvia and Macao?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Macao rank globally for gross value added at basic prices (gva)?
- Latvia ranks 100th and Macao ranks 97th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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 indicator is expressed in United States dollars.