Croatia vs Latvia: PPP conversion factor, GDP

Croatia
0.4708 LCU per international $
in 2025
Latvia
0.5047 LCU per international $
in 2025
Croatia rank
190th
Latvia rank
188th

PPP conversion factor, GDP over time

  • Croatia
  • Latvia
00.20.40.6199020072025

How they compare

Latvia currently reports 0.5047 LCU per international $ against 0.4708 LCU per international $ in Croatia, a difference of 0.0339 LCU per international $.

That makes Latvia's figure about 1.1 times Croatia's.

The two have swapped places 2 times across 36 shared years of data; in 1990 it was Latvia ahead.

Croatia ranks 190th and Latvia ranks 188th of 204 countries.

Across the 4 decades both report, Croatia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Croatia Latvia Difference Ahead
1990s 0.2822 LCU per international $ 0.2223 LCU per international $ 0.0599 LCU per international $ Croatia
2000s 0.5192 LCU per international $ 0.4637 LCU per international $ 0.0555 LCU per international $ Croatia
2010s 0.466 LCU per international $ 0.518 LCU per international $ 0.0521 LCU per international $ Latvia
2020s 0.4304 LCU per international $ 0.4833 LCU per international $ 0.0528 LCU per international $ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, gdp, Croatia or Latvia?
Latvia, at 0.5047 LCU per international $ against 0.4708 LCU per international $ in Croatia as of 2025.
What is the difference in ppp conversion factor, gdp between Croatia and Latvia?
0.0339 LCU per international $, with Latvia ahead.
How many years of comparable data are there for Croatia and Latvia?
36 years are reported by both, from 1990 to 2025.
How do Croatia and Latvia rank globally for ppp conversion factor, gdp?
Croatia ranks 190th and Latvia ranks 188th of 204 countries.
Where does this data come from?
International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Croatia vs Latvia: PPP conversion factor, GDP. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB). Retrieved 20 August 2026, from https://economy.statizoid.com/compare/ppp-conversion-factor-gdp-lcu-per-international/croatia/latvia/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 7,042 data points, 1990–2025
Last refreshed

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.