Latvia vs Russia: GERD as a percentage of GDP

Latvia
0.8%
in 2023
Russia
0.9%
in 2024
Latvia rank
45th
Russia rank
43rd

GERD as a percentage of GDP over time

  • Latvia
  • Russia
0.40.60.811.2199620102024

How they compare

Russia currently reports 0.9% against 0.8% in Latvia, a difference of 0.1%.

That makes Russia's figure about 1.1 times Latvia's.

Across all 28 years both countries report, Russia has been ahead every year.

Latvia ranks 45th and Russia ranks 43rd of 116 countries.

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

Head to head by decade

Decade Latvia Russia Difference Ahead
1990s 0.4% 1.0% 0.6% Russia
2000s 0.5% 1.1% 0.7% Russia
2010s 0.6% 1.1% 0.4% Russia
2020s 0.8% 1.0% 0.2% Russia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gerd as a percentage of gdp, Latvia or Russia?
Russia, at 0.9% against 0.8% in Latvia as of 2024.
What is the difference in gerd as a percentage of gdp between Latvia and Russia?
0.1%, with Russia ahead.
How many years of comparable data are there for Latvia and Russia?
28 years are reported by both, from 1996 to 2023.
How do Latvia and Russia rank globally for gerd as a percentage of gdp?
Latvia ranks 45th and Russia ranks 43rd of 116 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GERD as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Russia: GERD as a percentage of GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/compare/gerd-as-a-percentage-of-gdp/latvia/russian-federation/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release