Latvia vs Philippines: Services, value added

Latvia
64.2%
in 2025
Philippines
64.4%
in 2025
Latvia rank
61st
Philippines rank
60th

Services, value added over time

  • Latvia
  • Philippines
0204060196019922025

How they compare

Philippines currently reports 64.4% against 64.2% in Latvia, a difference of 0.2%.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 61st and Philippines ranks 60th of 204 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Philippines Difference Ahead
1990s 55.9% 48.2% 7.7% Latvia
2000s 62.6% 52.5% 10.1% Latvia
2010s 63.6% 57.6% 6.0% Latvia
2020s 63.1% 62.3% 0.8% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Latvia or Philippines?
Philippines, at 64.4% against 64.2% in Latvia as of 2025.
What is the difference in services, value added between Latvia and Philippines?
0.2%, with Philippines ahead.
How many years of comparable data are there for Latvia and Philippines?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Philippines rank globally for services, value added?
Latvia ranks 61st and Philippines ranks 60th of 204 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.

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Latvia vs Philippines: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 01 September 2026, from https://economy.statizoid.com/compare/services-value-added-percent-of-gdp/latvia/philippines/

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About this data

Indicator
Services, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,765 data points, 1960–2025
Last refreshed

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.