Latvia vs Switzerland: Machinery and transport equipment
Machinery and transport equipment over time
- Latvia
- Switzerland
How they compare
Switzerland currently reports 11.1% against 10.8% in Latvia, a difference of 0.3%.
The two have swapped places 2 times across 31 shared years of data; in 1993 it was Switzerland ahead.
Latvia ranks 66th and Switzerland ranks 64th of 149 countries.
Switzerland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.0% | 17.9% | 5.9% | Switzerland |
| 2000s | 9.8% | 20.9% | 11.1% | Switzerland |
| 2010s | 14.7% | 32.3% | 17.7% | Switzerland |
| 2020s | 8.9% | 19.7% | 10.7% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Latvia or Switzerland?
- Switzerland, at 11.1% against 10.8% in Latvia as of 2023.
- What is the difference in machinery and transport equipment between Latvia and Switzerland?
- 0.3%, with Switzerland ahead.
- How many years of comparable data are there for Latvia and Switzerland?
- 31 years are reported by both, from 1993 to 2023.
- How do Latvia and Switzerland rank globally for machinery and transport equipment?
- Latvia ranks 66th and Switzerland ranks 64th 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).