Latvia vs Qatar: Price level index

Latvia
57.03 GDP
in 2025
Qatar
56.27 GDP
in 2025
Latvia rank
72nd
Qatar rank
74th

Price level index over time

  • Latvia
  • Qatar
20406080199020072025

How they compare

Latvia currently reports 57.03 GDP against 56.27 GDP in Qatar, a difference of 0.76 GDP.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 72nd and Qatar ranks 74th of 203 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Qatar in 1.

Head to head by decade

Decade Latvia Qatar Difference Ahead
1990s 41.68 GDP 24.21 GDP 17.46 GDP Latvia
2000s 59.67 GDP 40.98 GDP 18.69 GDP Latvia
2010s 63.81 GDP 62.16 GDP 1.64 GDP Latvia
2020s 53.71 GDP 62.44 GDP 8.73 GDP Qatar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level index, Latvia or Qatar?
Latvia, at 57.03 GDP against 56.27 GDP in Qatar as of 2025.
What is the difference in price level index between Latvia and Qatar?
0.76 GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Qatar?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Qatar rank globally for price level index?
Latvia ranks 72nd and Qatar ranks 74th 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.

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Latvia vs Qatar: Price level index. Statizoid, drawing on World Development Indicators, World Bank (WB). Retrieved 20 August 2026, from https://economy.statizoid.com/compare/price-level-index-gdp/latvia/qatar/

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About this data

Indicator
Price level index (GDP)
Unit
GDP
Source
World Development Indicators, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
203 places, 7,022 data points, 1990–2025
Last refreshed

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.