Iceland vs Latvia: GBARD by type of funding
Iceland
356.87 Million euro
in 2025
Latvia
194.07 Million euro
in 2025
Iceland rank
45th
Latvia rank
46th
GBARD by type of funding over time
- Iceland
- Latvia
How they compare
Iceland currently reports 356.87 Million euro against 194.07 Million euro in Latvia, a difference of 162.8 Million euro.
That makes Iceland's figure about 1.8 times Latvia's.
Across all 22 years both countries report, Iceland has been ahead every year.
Iceland ranks 45th and Latvia ranks 46th of 50 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 107.01 Million euro | 42.7 Million euro | 64.31 Million euro | Iceland |
| 2010s | 132.09 Million euro | 45.38 Million euro | 86.71 Million euro | Iceland |
| 2020s | 289.8 Million euro | 119.6 Million euro | 170.2 Million euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gbard by type of funding, Iceland or Latvia?
- Iceland, at 356.87 Million euro against 194.07 Million euro in Latvia as of 2025.
- What is the difference in gbard by type of funding between Iceland and Latvia?
- 162.8 Million euro, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 22 years are reported by both, from 2004 to 2025.
- How do Iceland and Latvia rank globally for gbard by type of funding?
- Iceland ranks 45th and Latvia ranks 46th of 50 countries.
- Where does this data come from?
- Eurostat, published as GBARD by type of funding. Statizoid refreshes it automatically from the source and publishes the full history for both places.