Estonia vs Latvia: Economy

This page compares Estonia and Latvia across 35 Economy indicators. Pick any indicator below for the full side-by-side trend, ranking, and difference.

See the full comparison overview or all indicators.

Indicator	Estonia	Latvia	Detail
GDP (current US$)	$43.13B	$43.68B	Compare →
GDP per capita (current US$)	31,428.35	23,409.08	Compare →
GDP growth (annual %)	-0.09	-0.05	Compare →
Forest rents (% of GDP)	0.76	1.10	Compare →
Mineral rents (% of GDP)	0.00	0.00	Compare →
Total natural resources rents (% of GDP)	1.72	1.17	Compare →
GDP per capita growth (annual %)	-0.24	0.90	Compare →
GDP (constant 2015 US$)	$27.55B	$30.56B	Compare →
Inflation, GDP deflator (annual %)	3.99	2.06	Compare →
GDP per capita (constant 2015 US$)	20,078.14	16,374.77	Compare →
GNI (current US$)	$42.26B	$42.78B	Compare →
GNI per capita, Atlas method (current US$)	28,880.00	21,630.00	Compare →
Industry (including construction), value added (% of GDP)	20.15	18.49	Compare →
GNI, Atlas method (current US$)	$39.63B	$40.36B	Compare →
Adjusted savings: mineral depletion (% of GNI)	0.00	0.00	Compare →
Services, value added (% of GDP)	65.70	64.60	Compare →
Agriculture, forestry, and fishing, value added (% of GDP)	1.77	4.04	Compare →
GDP, PPP (current international $)	$68.57B	$80.98B	Compare →
Adjusted savings: consumption of fixed capital (% of GNI)	17.45	21.72	Compare →
GDP per capita, PPP (current international $)	49,968.71	43,394.27	Compare →
GNI per capita, PPP (current international $)	48,880.00	42,660.00	Compare →
GNI, PPP (current international $)	$67.08B	$79.62B	Compare →
Natural gas rents (% of GDP)	0.00	0.00	Compare →
Adjusted savings: carbon dioxide damage (% of GNI)	1.15	0.82	Compare →
Oil rents (% of GDP)	0.96	0.07	Compare →
Adjusted savings: education expenditure (% of GNI)	4.76	3.81	Compare →
Coal rents (% of GDP)	0.00	0.00	Compare →
GDP per capita, PPP (constant 2021 international $)	41,189.67	37,611.67	Compare →
GDP, PPP (constant 2021 international $)	$56.53B	$70.19B	Compare →
Adjusted savings: energy depletion (% of GNI)	0.75	0.05	Compare →
Inflation, consumer prices (annual %)	3.52	1.27	Compare →
Exports of goods and services (% of GDP)	75.67	65.33	Compare →
Imports of goods and services (% of GDP)	75.37	66.93	Compare →
Trade (% of GDP)	151.04	132.26	Compare →
Adjusted net national income per capita (annual % growth)	8.68	6.09	Compare →

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Source: World Bank Open Data, CC BY 4.0. Values shown are the most recent reported year for each indicator and may differ between countries.