Georgia vs Latvia: Services, value added
Services, value added over time
- Georgia
- Latvia
How they compare
Latvia currently reports 64.2% against 63.9% in Georgia, a difference of 0.3%.
Across all 30 years both countries report, Latvia has been ahead every year.
Georgia ranks 65th and Latvia ranks 62nd of 206 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Georgia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 45.8% | 56.7% | 10.8% | Latvia |
| 2000s | 54.6% | 62.6% | 8.0% | Latvia |
| 2010s | 60.6% | 63.6% | 3.0% | Latvia |
| 2020s | 60.6% | 63.1% | 2.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Georgia or Latvia?
- Latvia, at 64.2% against 63.9% in Georgia as of 2025.
- What is the difference in services, value added between Georgia and Latvia?
- 0.3%, with Latvia ahead.
- How many years of comparable data are there for Georgia and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Georgia and Latvia rank globally for services, value added?
- Georgia ranks 65th and Latvia ranks 62nd of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.