Estonia vs Latvia: Industry (including construction), value added
Industry (including construction), value added over time
- Estonia
- Latvia
How they compare
Latvia currently reports 5.60 billion constant LCU against 5.16 billion constant LCU in Estonia, a difference of 438.18 million constant LCU.
That makes Latvia's figure about 1.1 times Estonia's.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Latvia ahead.
Estonia ranks 158th and Latvia ranks 155th of 199 countries.
Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.35 billion constant LCU | 3.48 billion constant LCU | 1.13 billion constant LCU | Latvia |
| 2000s | 4.01 billion constant LCU | 5.32 billion constant LCU | 1.31 billion constant LCU | Latvia |
| 2010s | 5.30 billion constant LCU | 5.29 billion constant LCU | 2.98 million constant LCU | Estonia |
| 2020s | 5.67 billion constant LCU | 5.72 billion constant LCU | 48.75 million constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Estonia or Latvia?
- Latvia, at 5.60 billion constant LCU against 5.16 billion constant LCU in Estonia as of 2025.
- What is the difference in industry (including construction), value added between Estonia and Latvia?
- 438.18 million constant LCU, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Latvia rank globally for industry (including construction), value added?
- Estonia ranks 158th and Latvia ranks 155th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). 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 varies by country. This series is expressed in local currency units.