Latvia vs Liberia: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Latvia
- Liberia
How they compare
Latvia currently reports 0.5047 LCU per international $ against 0.462 LCU per international $ in Liberia, a difference of 0.0427 LCU per international $.
That makes Latvia's figure about 1.1 times Liberia's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Liberia ahead.
Latvia ranks 188th and Liberia ranks 191st of 204 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Liberia in 1.
Head to head by decade
| Decade | Latvia | Liberia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2223 LCU per international $ | 0.2256 LCU per international $ | 0.0032 LCU per international $ | Liberia |
| 2000s | 0.4637 LCU per international $ | 0.379 LCU per international $ | 0.0847 LCU per international $ | Latvia |
| 2010s | 0.518 LCU per international $ | 0.4768 LCU per international $ | 0.0412 LCU per international $ | Latvia |
| 2020s | 0.4833 LCU per international $ | 0.4346 LCU per international $ | 0.0487 LCU per international $ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Latvia or Liberia?
- Latvia, at 0.5047 LCU per international $ against 0.462 LCU per international $ in Liberia as of 2025.
- What is the difference in ppp conversion factor, gdp between Latvia and Liberia?
- 0.0427 LCU per international $, with Latvia ahead.
- How many years of comparable data are there for Latvia and Liberia?
- 36 years are reported by both, from 1990 to 2025.
- How do Latvia and Liberia rank globally for ppp conversion factor, gdp?
- Latvia ranks 188th and Liberia ranks 191st 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.
Individual pages
About this data
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.