Kuwait vs Latvia: Price level index
Price level index over time
- Kuwait
- Latvia
How they compare
Kuwait currently reports 57.22 GDP against 57.03 GDP in Latvia, a difference of 0.19 GDP.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.
Kuwait ranks 71st and Latvia ranks 72nd of 203 countries.
Across the 4 decades both report, Kuwait averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Kuwait | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 28.41 GDP | 41.68 GDP | 13.27 GDP | Latvia |
| 2000s | 41.13 GDP | 59.67 GDP | 18.54 GDP | Latvia |
| 2010s | 62.61 GDP | 63.81 GDP | 1.2 GDP | Latvia |
| 2020s | 64 GDP | 53.71 GDP | 10.29 GDP | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Kuwait or Latvia?
- Kuwait, at 57.22 GDP against 57.03 GDP in Latvia as of 2025.
- What is the difference in price level index between Kuwait and Latvia?
- 0.19 GDP, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Kuwait and Latvia rank globally for price level index?
- Kuwait ranks 71st and Latvia ranks 72nd of 203 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.