Estonia vs Latvia: Gross value added at basic prices (GVA)

Estonia

25.22 billion constant LCU

in 2025

Latvia

28.06 billion constant LCU

in 2025

Estonia rank

154th

Latvia rank

151st

Gross value added at basic prices (GVA) over time

Estonia
Latvia

How they compare

Latvia currently reports 28.06 billion constant LCU against 25.22 billion constant LCU in Estonia, a difference of 2.84 billion constant LCU.

That makes Latvia's figure about 1.1 times Estonia's.

Across all 31 years both countries report, Latvia has been ahead every year.

Globally, Estonia ranks 154th and Latvia ranks 151st of 197 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 197 places, 8,338 data points, 1960–2025
Last refreshed: 06 August 2026

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.