Latvia vs Trinidad and Tobago: Price level ratio of PPP conversion factor (GDP) to market exchange

Latvia
0.5327
in 2024
Trinidad and Tobago
0.5362
in 2024
Latvia rank
80th
Trinidad and Tobago rank
79th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Latvia
  • Trinidad and Tobago
00.20.40.60.8199020072024

How they compare

Trinidad and Tobago currently reports 0.5362 against 0.5327 in Latvia, a difference of 0.0035.

The two have swapped places 6 times across 30 shared years of data; in 1995 it was Trinidad and Tobago ahead.

Latvia ranks 80th and Trinidad and Tobago ranks 79th of 202 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Trinidad and Tobago in 3.

Head to head by decade

Decade Latvia Trinidad and Tobago Difference Ahead
1990s 0.4202 0.4211 0.0009 Trinidad and Tobago
2000s 0.5707 0.5032 0.0675 Latvia
2010s 0.6064 0.6257 0.0193 Trinidad and Tobago
2020s 0.5333 0.572 0.0387 Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Latvia or Trinidad and Tobago?
Trinidad and Tobago, at 0.5362 against 0.5327 in Latvia as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Latvia and Trinidad and Tobago?
0.0035, with Trinidad and Tobago ahead.
How many years of comparable data are there for Latvia and Trinidad and Tobago?
30 years are reported by both, from 1995 to 2024.
How do Latvia and Trinidad and Tobago rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Latvia ranks 80th and Trinidad and Tobago ranks 79th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Trinidad and Tobago: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 15 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/latvia/trinidad-and-tobago/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release