Estonia vs Latvia: Manufacturing, value added (constant 2015 US$)
Manufacturing, value added (constant 2015 US$) over time
- Estonia
- Latvia
How they compare
Latvia currently reports 3.55 billion constant 2015 US$ against 3.25 billion constant 2015 US$ in Estonia, a difference of 294.24 million constant 2015 US$.
That makes Latvia's figure about 1.1 times Estonia's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.
Estonia ranks 97th and Latvia ranks 95th of 186 countries.
Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.22 billion constant 2015 US$ | 1.90 billion constant 2015 US$ | 674.76 million constant 2015 US$ | Latvia |
| 2000s | 2.22 billion constant 2015 US$ | 2.71 billion constant 2015 US$ | 486.85 million constant 2015 US$ | Latvia |
| 2010s | 3.16 billion constant 2015 US$ | 2.92 billion constant 2015 US$ | 241.26 million constant 2015 US$ | Estonia |
| 2020s | 3.42 billion constant 2015 US$ | 3.53 billion constant 2015 US$ | 108.38 million constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Estonia or Latvia?
- Latvia, at 3.55 billion constant 2015 US$ against 3.25 billion constant 2015 US$ in Estonia as of 2025.
- What is the difference in manufacturing, value added between Estonia and Latvia?
- 294.24 million constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Latvia rank globally for manufacturing, value added?
- Estonia ranks 97th and Latvia ranks 95th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.