Estonia, Republic of vs Latvia, Republic of: Industry (including construction), value added
Industry (including construction), value added over time
- Estonia, Republic of
- Latvia, Republic of
How they compare
Latvia, Republic of currently reports 5.51 billion constant 2015 US$ against 5.37 billion constant 2015 US$ in Estonia, Republic of, a difference of 133.66 million constant 2015 US$.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia, Republic of ahead.
Estonia, Republic of ranks 112th and Latvia, Republic of ranks 111th of 195 countries.
Across the 4 decades both report, Estonia, Republic of averaged higher in 2 and Latvia, Republic of in 2.
Head to head by decade
| Decade | Estonia, Republic of | Latvia, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.45 billion constant 2015 US$ | 3.42 billion constant 2015 US$ | 971.32 million constant 2015 US$ | Latvia, Republic of |
| 2000s | 4.18 billion constant 2015 US$ | 5.23 billion constant 2015 US$ | 1.05 billion constant 2015 US$ | Latvia, Republic of |
| 2010s | 5.52 billion constant 2015 US$ | 5.21 billion constant 2015 US$ | 308.31 million constant 2015 US$ | Estonia, Republic of |
| 2020s | 5.90 billion constant 2015 US$ | 5.62 billion constant 2015 US$ | 278.72 million constant 2015 US$ | Estonia, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Estonia, Republic of or Latvia, Republic of?
- Latvia, Republic of, at 5.51 billion constant 2015 US$ against 5.37 billion constant 2015 US$ in Estonia, Republic of as of 2025.
- What is the difference in industry (including construction), value added between Estonia, Republic of and Latvia, Republic of?
- 133.66 million constant 2015 US$, with Latvia, Republic of ahead.
- How many years of comparable data are there for Estonia, Republic of and Latvia, Republic of?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia, Republic of and Latvia, Republic of rank globally for industry (including construction), value added?
- Estonia, Republic of ranks 112th and Latvia, Republic of ranks 111th of 195 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.