European Union (27 countries from 01/02/2020) vs Latvia: Annual Purchasing Power Parities and exchange rates — Purchasing
Annual Purchasing Power Parities and exchange rates — Purchasing over time
- European Union (27 countries from 01/02/2020)
- Latvia
How they compare
European Union (27 countries from 01/02/2020) currently reports 0.6448 National currency per US dollar against 0.5521 National currency per US dollar in Latvia, a difference of 0.0927 National currency per US dollar.
That makes European Union (27 countries from 01/02/2020)'s figure about 1.2 times Latvia's.
Across all 30 years both countries report, European Union (27 countries from 01/02/2020) has been ahead every year.
European Union (27 countries from 01/02/2020) ranks 7th and Latvia ranks 9th of 10 regions.
European Union (27 countries from 01/02/2020) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | European Union (27 countries from 01/02/2020) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.86 National currency per US dollar | 0.3883 National currency per US dollar | 0.4717 National currency per US dollar | European Union (27 countries from 01/02/2020) |
| 2000s | 0.8384 National currency per US dollar | 0.5003 National currency per US dollar | 0.3381 National currency per US dollar | European Union (27 countries from 01/02/2020) |
| 2010s | 0.7672 National currency per US dollar | 0.5671 National currency per US dollar | 0.2001 National currency per US dollar | European Union (27 countries from 01/02/2020) |
| 2020s | 0.6694 National currency per US dollar | 0.5346 National currency per US dollar | 0.1348 National currency per US dollar | European Union (27 countries from 01/02/2020) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual purchasing power parities and exchange rates — purchasing, European Union (27 countries from 01/02/2020) or Latvia?
- European Union (27 countries from 01/02/2020), at 0.6448 National currency per US dollar against 0.5521 National currency per US dollar in Latvia as of 2024.
- What is the difference in annual purchasing power parities and exchange rates — purchasing between European Union (27 countries from 01/02/2020) and Latvia?
- 0.0927 National currency per US dollar, with European Union (27 countries from 01/02/2020) ahead.
- How many years of comparable data are there for European Union (27 countries from 01/02/2020) and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do European Union (27 countries from 01/02/2020) and Latvia rank globally for annual purchasing power parities and exchange rates — purchasing?
- European Union (27 countries from 01/02/2020) ranks 7th and Latvia ranks 9th of 10 regions.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org