Latvia vs Sweden: Gross domestic expenditure on R&D by sector of performance and type

Latvia
550.57 US dollars, PPP converted
in 2023
Sweden
22,720 US dollars, PPP converted
in 2024
Latvia rank
13th
Sweden rank
12th

Gross domestic expenditure on R&D by sector of performance and type over time

  • Latvia
  • Sweden
05.0k10.0k15.0k20.0k25.0k198120022024

How they compare

Sweden currently reports 22,720 US dollars, PPP converted against 550.57 US dollars, PPP converted in Latvia, a difference of 22,169 US dollars, PPP converted.

That makes Sweden's figure about 41.3 times Latvia's.

Across all 24 years both countries report, Sweden has been ahead every year.

Latvia ranks 13th and Sweden ranks 12th of 13 countries.

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

Head to head by decade

Decade Latvia Sweden Difference Ahead
1990s 112.25 US dollars, PPP converted 11,279 US dollars, PPP converted 11,166 US dollars, PPP converted Sweden
2000s 247.4 US dollars, PPP converted 15,963 US dollars, PPP converted 15,715 US dollars, PPP converted Sweden
2010s 366.22 US dollars, PPP converted 18,228 US dollars, PPP converted 17,861 US dollars, PPP converted Sweden
2020s 521.32 US dollars, PPP converted 21,890 US dollars, PPP converted 21,368 US dollars, PPP converted Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic expenditure on r&d by sector of performance and type, Latvia or Sweden?
Sweden, at 22,720 US dollars, PPP converted against 550.57 US dollars, PPP converted in Latvia as of 2024.
What is the difference in gross domestic expenditure on r&d by sector of performance and type between Latvia and Sweden?
22,169 US dollars, PPP converted, with Sweden ahead.
How many years of comparable data are there for Latvia and Sweden?
24 years are reported by both, from 1993 to 2023.
How do Latvia and Sweden rank globally for gross domestic expenditure on r&d by sector of performance and type?
Latvia ranks 13th and Sweden ranks 12th of 13 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Gross domestic expenditure on R&D by sector of performance and type of expenditure — Gross Domestic Expenditure on R&D (GERD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Sweden: Gross domestic expenditure on R&D by sector of performance and type. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://reference.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-type-of-expenditure/latvia-2/sweden/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and type of expenditure — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,509 data points, 1981–2024
Last refreshed

This table presents research and development (R&D) expenditure statistics. Data include gross domestic R&D expenditure by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by type of expenditure (current expenditure, capital expenditure and their respective breakdowns).