Estonia vs Latvia: Industry (including construction), value added
Industry (including construction), value added over time
- Estonia
- Latvia
How they compare
Estonia currently reports 9.28 billion current US$ against 9.08 billion current US$ in Latvia, a difference of 195.95 million current US$.
The two have swapped places 7 times across 31 shared years of data; in 1995 it was Latvia ahead.
Globally, Estonia ranks 106th and Latvia ranks 107th of 208 countries.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.