Latvia vs Nepal: Industry (including construction), value added
Industry (including construction), value added over time
- Latvia
- Nepal
How they compare
Latvia currently reports 5.51 billion constant 2015 US$ against 5.08 billion constant 2015 US$ in Nepal, a difference of 421.28 million constant 2015 US$.
That makes Latvia's figure about 1.1 times Nepal's.
Across all 31 years both countries report, Latvia has been ahead every year.
Latvia ranks 111th and Nepal ranks 113th of 194 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.42 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 1.74 billion constant 2015 US$ | Latvia |
| 2000s | 5.23 billion constant 2015 US$ | 2.26 billion constant 2015 US$ | 2.97 billion constant 2015 US$ | Latvia |
| 2010s | 5.21 billion constant 2015 US$ | 3.23 billion constant 2015 US$ | 1.98 billion constant 2015 US$ | Latvia |
| 2020s | 5.62 billion constant 2015 US$ | 4.71 billion constant 2015 US$ | 915.62 million constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Latvia or Nepal?
- Latvia, at 5.51 billion constant 2015 US$ against 5.08 billion constant 2015 US$ in Nepal as of 2025.
- What is the difference in industry (including construction), value added between Latvia and Nepal?
- 421.28 million constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Nepal?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Nepal rank globally for industry (including construction), value added?
- Latvia ranks 111th and Nepal ranks 113th of 194 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). 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.