Barbados vs Latvia: GDP per capita
GDP per capita over time
- Barbados
- Latvia
How they compare
Barbados currently reports 28,365 current US$ against 26,312 current US$ in Latvia, a difference of 2,053 current US$.
That makes Barbados's figure about 1.1 times Latvia's.
Across all 31 years both countries report, Barbados has been ahead every year.
Globally, Barbados ranks 61st and Latvia ranks 64th of 213 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.