Bosnia and Herzegovina vs Latvia: Machinery and transport equipment
Machinery and transport equipment over time
- Bosnia and Herzegovina
- Latvia
How they compare
Latvia currently reports 10.8% against 9.0% in Bosnia and Herzegovina, a difference of 1.8%.
That makes Latvia's figure about 1.2 times Bosnia and Herzegovina's.
The two have swapped places 2 times across 14 shared years of data; in 2010 it was Latvia ahead.
Bosnia and Herzegovina ranks 69th and Latvia ranks 66th of 149 countries.
Across the 2 decades both report, Bosnia and Herzegovina averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Bosnia and Herzegovina | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.7% | 14.7% | 5.0% | Latvia |
| 2020s | 9.4% | 8.9% | 0.5% | Bosnia and Herzegovina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Bosnia and Herzegovina or Latvia?
- Latvia, at 10.8% against 9.0% in Bosnia and Herzegovina as of 2023.
- What is the difference in machinery and transport equipment between Bosnia and Herzegovina and Latvia?
- 1.8%, with Latvia ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Latvia?
- 14 years are reported by both, from 2010 to 2023.
- How do Bosnia and Herzegovina and Latvia rank globally for machinery and transport equipment?
- Bosnia and Herzegovina ranks 69th and Latvia ranks 66th of 149 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).