Georgia vs Latvia: Services, value added
Services, value added over time
- Georgia
- Latvia
How they compare
Latvia currently reports 20.68 billion constant 2015 US$ against 19.26 billion constant 2015 US$ in Georgia, a difference of 1.42 billion constant 2015 US$.
That makes Latvia's figure about 1.1 times Georgia's.
Across all 23 years both countries report, Latvia has been ahead every year.
Georgia ranks 99th and Latvia ranks 97th of 194 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.48 billion constant 2015 US$ | 14.15 billion constant 2015 US$ | 8.67 billion constant 2015 US$ | Latvia |
| 2010s | 9.25 billion constant 2015 US$ | 16.59 billion constant 2015 US$ | 7.34 billion constant 2015 US$ | Latvia |
| 2020s | 15.06 billion constant 2015 US$ | 19.69 billion constant 2015 US$ | 4.64 billion constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Georgia or Latvia?
- Latvia, at 20.68 billion constant 2015 US$ against 19.26 billion constant 2015 US$ in Georgia as of 2025.
- What is the difference in services, value added between Georgia and Latvia?
- 1.42 billion constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Georgia and Latvia?
- 23 years are reported by both, from 2003 to 2025.
- How do Georgia and Latvia rank globally for services, value added?
- Georgia ranks 99th and Latvia ranks 97th of 194 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.