Iceland vs Latvia: GBARD by type of funding

Iceland
356.87
in 2025
Latvia
194.07
in 2025
Iceland rank
33rd
Latvia rank
34th

GBARD by type of funding over time

  • Iceland
  • Latvia
0100200300400200420142025

How they compare

Iceland currently reports 356.87 against 194.07 in Latvia, a difference of 162.8.

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 33rd and Latvia ranks 34th of 37 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 42.7 64.31 Iceland
2010s 132.09 45.38 86.71 Iceland
2020s 289.8 119.6 170.2 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 against 194.07 in Latvia as of 2025.
What is the difference in gbard by type of funding between Iceland and Latvia?
162.8, 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 33rd and Latvia ranks 34th of 37 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.

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Iceland vs Latvia: GBARD by type of funding. Statizoid, drawing on Eurostat. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/gbard-by-type-of-funding/iceland/latvia/

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About this data

Indicator
GBARD by type of funding
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 876 data points, 2004–2025
Last refreshed