Iceland vs Latvia: Share of people who report having intentions to start business
Iceland
15.71
in 2010
Latvia
17.32
in 2017
Iceland rank
33rd
Latvia rank
31st
Share of people who report having intentions to start business over time
- Iceland
- Latvia
How they compare
Latvia currently reports 17.32 against 15.71 in Iceland, a difference of 1.61.
That makes Latvia's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 6 shared years of data; in 2005 it was Iceland ahead.
Iceland ranks 33rd and Latvia ranks 31st of 66 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.6 | 8.76 | 5.84 | Iceland |
| 2010s | 15.71 | 21.35 | 5.64 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of people who report having intentions to start business, Iceland or Latvia?
- Latvia, at 17.32 against 15.71 in Iceland as of 2017.
- What is the difference in share of people who report having intentions to start business between Iceland and Latvia?
- 1.61, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 6 years are reported by both, from 2005 to 2010.
- How do Iceland and Latvia rank globally for share of people who report having intentions to start business?
- Iceland ranks 33rd and Latvia ranks 31st of 66 countries.
- Where does this data come from?
- Global Entrepreneurship Monitor (2018) – processed by Our World in Data, published as Share of people who report having intentions to start business. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Percentage of 18-64 population who intend to start a business within three years (individuals already involved in any stage of entrepreneurial activity excluded) plotted against GDP per capita, adjusted for inflation and differences in living costs between countries.