Latvia vs Paraguay: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Latvia
- Paraguay
How they compare
Paraguay currently reports 45.35 billion current US$ against 42.27 billion current US$ in Latvia, a difference of 3.08 billion current US$.
That makes Paraguay's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Paraguay ahead.
Latvia ranks 100th and Paraguay ranks 99th of 204 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Paraguay in 3.
Head to head by decade
| Decade | Latvia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.67 billion current US$ | 8.68 billion current US$ | 3.00 billion current US$ | Paraguay |
| 2000s | 15.69 billion current US$ | 12.26 billion current US$ | 3.43 billion current US$ | Latvia |
| 2010s | 24.96 billion current US$ | 33.61 billion current US$ | 8.66 billion current US$ | Paraguay |
| 2020s | 35.60 billion current US$ | 39.24 billion current US$ | 3.63 billion current US$ | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Latvia or Paraguay?
- Paraguay, at 45.35 billion current US$ against 42.27 billion current US$ in Latvia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Latvia and Paraguay?
- 3.08 billion current US$, with Paraguay ahead.
- How many years of comparable data are there for Latvia and Paraguay?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Paraguay rank globally for gross value added at basic prices (gva)?
- Latvia ranks 100th and Paraguay ranks 99th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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.