Iceland vs Latvia: Industrial Production, constant US$, seas. adj.
Iceland
6.85 billion
in 2017
Latvia
7.22 billion
in 2025
Iceland rank
70th
Latvia rank
69th
Industrial Production, constant US$, seas. adj. over time
- Iceland
- Latvia
How they compare
Latvia currently reports 7.22 billion against 6.85 billion in Iceland, a difference of 370.58 million.
That makes Latvia's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 19 shared years of data; in 1999 it was Latvia ahead.
Iceland ranks 70th and Latvia ranks 69th of 89 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.07 billion | 3.42 billion | 1.35 billion | Latvia |
| 2000s | 3.42 billion | 4.83 billion | 1.41 billion | Latvia |
| 2010s | 6.81 billion | 6.02 billion | 788.20 million | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industrial production, constant us$, seas. adj., Iceland or Latvia?
- Latvia, at 7.22 billion against 6.85 billion in Iceland as of 2025.
- What is the difference in industrial production, constant us$, seas. adj. between Iceland and Latvia?
- 370.58 million, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 19 years are reported by both, from 1999 to 2017.
- How do Iceland and Latvia rank globally for industrial production, constant us$, seas. adj.?
- Iceland ranks 70th and Latvia ranks 69th of 89 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream data, published as Industrial Production, constant US$, seas. adj.. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, seasonally adjusted. The base year is 2005.