Estonia vs Latvia: National comprehensive wealth index
Estonia
274.32 billion real chained 2019 US$
in 2020
Latvia
306.93 billion real chained 2019 US$
in 2020
Estonia rank
92nd
Latvia rank
90th
National comprehensive wealth index over time
- Estonia
- Latvia
How they compare
Latvia currently reports 306.93 billion real chained 2019 US$ against 274.32 billion real chained 2019 US$ in Estonia, a difference of 32.61 billion real chained 2019 US$.
That makes Latvia's figure about 1.1 times Estonia's.
Across all 26 years both countries report, Latvia has been ahead every year.
Estonia ranks 92nd and Latvia ranks 90th of 149 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 179.84 billion real chained 2019 US$ | 283.81 billion real chained 2019 US$ | 103.98 billion real chained 2019 US$ | Latvia |
| 2000s | 194.41 billion real chained 2019 US$ | 287.39 billion real chained 2019 US$ | 92.98 billion real chained 2019 US$ | Latvia |
| 2010s | 234.75 billion real chained 2019 US$ | 288.13 billion real chained 2019 US$ | 53.39 billion real chained 2019 US$ | Latvia |
| 2020s | 274.32 billion real chained 2019 US$ | 306.93 billion real chained 2019 US$ | 32.61 billion real chained 2019 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher national comprehensive wealth index, Estonia or Latvia?
- Latvia, at 306.93 billion real chained 2019 US$ against 274.32 billion real chained 2019 US$ in Estonia as of 2020.
- What is the difference in national comprehensive wealth index between Estonia and Latvia?
- 32.61 billion real chained 2019 US$, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 26 years are reported by both, from 1995 to 2020.
- How do Estonia and Latvia rank globally for national comprehensive wealth index?
- Estonia ranks 92nd and Latvia ranks 90th of 149 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as National comprehensive wealth index (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.