Kuwait vs Latvia: Value Added (Total Manufacturing) — Value Standard Local Currency
Value Added (Total Manufacturing) — Value Standard Local Currency over time
- Kuwait
- Latvia
How they compare
Latvia currently reports 4,403 million SLC against 3,836 million SLC in Kuwait, a difference of 567 million SLC.
That makes Latvia's figure about 1.1 times Kuwait's.
The two have swapped places 9 times across 33 shared years of data; in 1991 it was Kuwait ahead.
Kuwait ranks 149th and Latvia ranks 147th of 199 countries.
Across the 4 decades both report, Kuwait averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Kuwait | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 805.02 million SLC | 635 million SLC | 170.02 million SLC | Kuwait |
| 2000s | 1,342 million SLC | 1,549 million SLC | 207.07 million SLC | Latvia |
| 2010s | 2,611 million SLC | 2,631 million SLC | 19.91 million SLC | Latvia |
| 2020s | 4,074 million SLC | 4,043 million SLC | 30.96 million SLC | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — value standard local currency, Kuwait or Latvia?
- Latvia, at 4,403 million SLC against 3,836 million SLC in Kuwait as of 2023.
- What is the difference in value added (total manufacturing) — value standard local currency between Kuwait and Latvia?
- 567 million SLC, with Latvia ahead.
- How many years of comparable data are there for Kuwait and Latvia?
- 33 years are reported by both, from 1991 to 2023.
- How do Kuwait and Latvia rank globally for value added (total manufacturing) — value standard local currency?
- Kuwait ranks 149th and Latvia ranks 147th of 199 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).