Cyprus vs Latvia: GERD by sector of performance and type of expenditure

Cyprus
224.9 Million euro
in 2024
Latvia
372.64 Million euro
in 2024
Cyprus rank
48th
Latvia rank
46th

GERD by sector of performance and type of expenditure over time

  • Cyprus
  • Latvia
0100200300400199120072024

How they compare

Latvia currently reports 372.64 Million euro against 224.9 Million euro in Cyprus, a difference of 147.74 Million euro.

That makes Latvia's figure about 1.7 times Cyprus's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Latvia ahead.

Cyprus ranks 48th and Latvia ranks 46th of 52 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 20.03 Million euro 24.54 Million euro 4.5 Million euro Latvia
2000s 51.79 Million euro 73.83 Million euro 22.04 Million euro Latvia
2010s 103.02 Million euro 148.04 Million euro 45.01 Million euro Latvia
2020s 205.95 Million euro 292.02 Million euro 86.07 Million euro Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gerd by sector of performance and type of expenditure, Cyprus or Latvia?
Latvia, at 372.64 Million euro against 224.9 Million euro in Cyprus as of 2024.
What is the difference in gerd by sector of performance and type of expenditure between Cyprus and Latvia?
147.74 Million euro, with Latvia ahead.
How many years of comparable data are there for Cyprus and Latvia?
27 years are reported by both, from 1998 to 2024.
How do Cyprus and Latvia rank globally for gerd by sector of performance and type of expenditure?
Cyprus ranks 48th and Latvia ranks 46th of 52 countries.
Where does this data come from?
Eurostat, published as GERD by sector of performance and type of expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: GERD by sector of performance and type of expenditure. Statizoid, drawing on Eurostat. Retrieved 31 August 2026, from https://reference.statizoid.com/compare/gerd-by-sector-of-performance-and-type-of-expenditure/cyprus/latvia-2/

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About this data

Indicator
GERD by sector of performance and type of expenditure
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,826 data points, 1980–2024
Last refreshed