Cyprus vs Latvia: Services, value added
Services, value added over time
- Cyprus
- Latvia
How they compare
Cyprus currently reports 31.68 billion current US$ against 31.24 billion current US$ in Latvia, a difference of 445.10 million current US$.
The two have swapped places 6 times across 31 shared years of data; in 1995 it was Cyprus ahead.
Cyprus ranks 89th and Latvia ranks 91st of 206 countries.
Across the 4 decades both report, Cyprus averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.87 billion current US$ | 3.60 billion current US$ | 3.27 billion current US$ | Cyprus |
| 2000s | 12.17 billion current US$ | 11.10 billion current US$ | 1.07 billion current US$ | Cyprus |
| 2010s | 17.94 billion current US$ | 18.17 billion current US$ | 224.35 million current US$ | Latvia |
| 2020s | 25.56 billion current US$ | 25.80 billion current US$ | 244.02 million current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Cyprus or Latvia?
- Cyprus, at 31.68 billion current US$ against 31.24 billion current US$ in Latvia as of 2025.
- What is the difference in services, value added between Cyprus and Latvia?
- 445.10 million current US$, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Latvia rank globally for services, value added?
- Cyprus ranks 89th and Latvia ranks 91st of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). 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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.