Iceland vs Latvia: Value added and turnover of enterprises in the cultural sectors by

Iceland
456.6 Million euro
in 2020
Latvia
646.5 Million euro
in 2020
Iceland rank
33rd
Latvia rank
31st

Value added and turnover of enterprises in the cultural sectors by over time

  • Iceland
  • Latvia
0200400600201320162020

How they compare

Latvia currently reports 646.5 Million euro against 456.6 Million euro in Iceland, a difference of 189.9 Million euro.

That makes Latvia's figure about 1.4 times Iceland's.

The two have swapped places 2 times across 5 shared years of data; in 2015 it was Latvia ahead.

Iceland ranks 33rd and Latvia ranks 31st of 35 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
2010s 560.9 Million euro 586.02 Million euro 25.12 Million euro Latvia
2020s 456.6 Million euro 646.5 Million euro 189.9 Million euro Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value added and turnover of enterprises in the cultural sectors by, Iceland or Latvia?
Latvia, at 646.5 Million euro against 456.6 Million euro in Iceland as of 2020.
What is the difference in value added and turnover of enterprises in the cultural sectors by between Iceland and Latvia?
189.9 Million euro, with Latvia ahead.
How many years of comparable data are there for Iceland and Latvia?
5 years are reported by both, from 2015 to 2020.
How do Iceland and Latvia rank globally for value added and turnover of enterprises in the cultural sectors by?
Iceland ranks 33rd and Latvia ranks 31st of 35 countries.
Where does this data come from?
Eurostat, published as Value added and turnover of enterprises in the cultural sectors by NACE Rev. 2 activity (2011-2020). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Value added and turnover of enterprises in the cultural sectors by. Statizoid, drawing on Eurostat. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/value-added-and-turnover-of-enterprises-in-the-cultural-sectors-by-nace-rev-2-activity/iceland/latvia-2/

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About this data

Indicator
Value added and turnover of enterprises in the cultural sectors by NACE Rev. 2 activity (2011-2020)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 320 data points, 2010–2020
Last refreshed