Estonia vs Latvia: Produced capital per capita
Estonia
54,330 real chained 2019 US$
in 2020
Latvia
57,263 real chained 2019 US$
in 2020
Estonia rank
28th
Latvia rank
27th
Produced capital per capita over time
- Estonia
- Latvia
How they compare
Latvia currently reports 57,263 real chained 2019 US$ against 54,330 real chained 2019 US$ in Estonia, a difference of 2,933 real chained 2019 US$.
That makes Latvia's figure about 1.1 times Estonia's.
Across all 26 years both countries report, Latvia has been ahead every year.
Estonia ranks 28th and Latvia ranks 27th of 150 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22,613 real chained 2019 US$ | 37,829 real chained 2019 US$ | 15,216 real chained 2019 US$ | Latvia |
| 2000s | 30,601 real chained 2019 US$ | 44,423 real chained 2019 US$ | 13,821 real chained 2019 US$ | Latvia |
| 2010s | 44,950 real chained 2019 US$ | 53,981 real chained 2019 US$ | 9,030 real chained 2019 US$ | Latvia |
| 2020s | 54,330 real chained 2019 US$ | 57,263 real chained 2019 US$ | 2,933 real chained 2019 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher produced capital per capita, Estonia or Latvia?
- Latvia, at 57,263 real chained 2019 US$ against 54,330 real chained 2019 US$ in Estonia as of 2020.
- What is the difference in produced capital per capita between Estonia and Latvia?
- 2,933 real chained 2019 US$, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 26 years are reported by both, from 1995 to 2020.
- How do Estonia and Latvia rank globally for produced capital per capita?
- Estonia ranks 28th and Latvia ranks 27th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Produced capital per capita (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.