Latvia vs Russian Federation: Annual value added and its components by activity International

Latvia
27,508 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2024
Russian Federation
80.11 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2020
Latvia rank
7th
Russian Federation rank
4th

Annual value added and its components by activity International over time

  • Latvia
  • Russian Federation
020.0M40.0M60.0M80.0M199520092024

How they compare

Russian Federation currently reports 80.11 million Domestic currency (incl. conversion to current currency made using a fixed parit against 27,508 Domestic currency (incl. conversion to current currency made using a fixed parit in Latvia, a difference of 80.08 million Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes Russian Federation's figure about 2,912.3 times Latvia's.

Across all 10 years both countries report, Russian Federation has been ahead every year.

Latvia ranks 7th and Russian Federation ranks 4th of 8 regions.

Russian Federation has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Russian Federation Difference Ahead
2010s 23,867 Domestic currency (incl. conversion to current currency made using a fixed parit 77.68 million Domestic currency (incl. conversion to current currency made using a fixed parit 77.66 million Domestic currency (incl. conversion to current currency made using a fixed parit Russian Federation
2020s 25,367 Domestic currency (incl. conversion to current currency made using a fixed parit 80.11 million Domestic currency (incl. conversion to current currency made using a fixed parit 80.09 million Domestic currency (incl. conversion to current currency made using a fixed parit Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual value added and its components by activity international, Latvia or Russian Federation?
Russian Federation, at 80.11 million Domestic currency (incl. conversion to current currency made using a fixed parit against 27,508 Domestic currency (incl. conversion to current currency made using a fixed parit in Latvia as of 2020.
What is the difference in annual value added and its components by activity international between Latvia and Russian Federation?
80.08 million Domestic currency (incl. conversion to current currency made using a fixed parit, with Russian Federation ahead.
How many years of comparable data are there for Latvia and Russian Federation?
10 years are reported by both, from 2011 to 2020.
How do Latvia and Russian Federation rank globally for annual value added and its components by activity international?
Latvia ranks 7th and Russian Federation ranks 4th of 8 regions.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual value added and its components by activity International Transfer. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Russian Federation: Annual value added and its components by activity International. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/annual-value-added-and-its-components-by-activity-international-transfer/latvia-2/russian-federation-2/

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About this data

Indicator
Annual value added and its components by activity International Transfer
Unit
Domestic currency (incl. conversion to current currency made using a fixed parit
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
32 places, 1,034 data points, 1966–2025
Last refreshed