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

Cyprus

32.51 billion current LCU

in 2025

Latvia

37.41 billion current LCU

in 2025

Cyprus rank

161st

Latvia rank

159th

Gross value added at basic prices (GVA) over time

Cyprus
Latvia

How they compare

Latvia currently reports 37.41 billion current LCU against 32.51 billion current LCU in Cyprus, a difference of 4.90 billion current LCU.

That makes Latvia's figure about 1.2 times Cyprus's.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Cyprus ahead.

Globally, Cyprus ranks 161st and Latvia ranks 159th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.