Latvia vs Serbia: GERD as a percentage of GDP
Latvia
0.8%
in 2023
Serbia
0.9%
in 2024
Latvia rank
45th
Serbia rank
42nd
GERD as a percentage of GDP over time
- Latvia
- Serbia
How they compare
Serbia currently reports 0.9% against 0.8% in Latvia, a difference of 0.1%.
That makes Serbia's figure about 1.1 times Latvia's.
The two have swapped places 8 times across 27 shared years of data; in 1997 it was Serbia ahead.
Latvia ranks 45th and Serbia ranks 42nd of 116 countries.
Serbia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4% | 0.7% | 0.4% | Serbia |
| 2000s | 0.5% | 0.5% | 0.0% | Serbia |
| 2010s | 0.6% | 0.8% | 0.1% | Serbia |
| 2020s | 0.8% | 0.9% | 0.1% | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gerd as a percentage of gdp, Latvia or Serbia?
- Serbia, 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 Serbia?
- 0.1%, with Serbia ahead.
- How many years of comparable data are there for Latvia and Serbia?
- 27 years are reported by both, from 1997 to 2023.
- How do Latvia and Serbia rank globally for gerd as a percentage of gdp?
- Latvia ranks 45th and Serbia ranks 42nd 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.
Individual pages
About this data
February 2026 Data Release