Latvia vs Nicaragua: Total factor productivity
Latvia
1
in 2023
Nicaragua
1
in 2023
Latvia rank
41st
Nicaragua rank
38th
Total factor productivity over time
- Latvia
- Nicaragua
How they compare
Nicaragua currently reports 1 against 1 in Latvia, a difference of 0.
The two have swapped places 4 times across 30 shared years of data; in 1994 it was Nicaragua ahead.
Latvia ranks 41st and Nicaragua ranks 38th of 120 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Nicaragua in 3.
Head to head by decade
| Decade | Latvia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.5462 | 1.05 | 0.504 | Nicaragua |
| 2000s | 0.7623 | 1.03 | 0.2705 | Nicaragua |
| 2010s | 0.8927 | 1.03 | 0.1335 | Nicaragua |
| 2020s | 0.987 | 0.984 | 0.0031 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Latvia or Nicaragua?
- Nicaragua, at 1 against 1 in Latvia as of 2023.
- What is the difference in total factor productivity between Latvia and Nicaragua?
- 0, with Nicaragua ahead.
- How many years of comparable data are there for Latvia and Nicaragua?
- 30 years are reported by both, from 1994 to 2023.
- How do Latvia and Nicaragua rank globally for total factor productivity?
- Latvia ranks 41st and Nicaragua ranks 38th of 120 countries.
- Where does this data come from?
- Our World in Data, published as Total factor productivity. Statizoid refreshes it automatically from the source and publishes the full history for both places.