Germany vs Latvia: Global leasing volume to GDP

Germany
2.3%
in 2019
Latvia
2.8%
in 2019
Germany rank
11th
Latvia rank
9th

Global leasing volume to GDP over time

  • Germany
  • Latvia
123456200420112019

How they compare

Latvia currently reports 2.8% against 2.3% in Germany, a difference of 0.5%.

That makes Latvia's figure about 1.2 times Germany's.

The two have swapped places 2 times across 14 shared years of data; in 2006 it was Latvia ahead.

Germany ranks 11th and Latvia ranks 9th of 58 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Germany Latvia Difference Ahead
2000s 1.9% 4.7% 2.7% Latvia
2010s 1.9% 2.7% 0.7% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher global leasing volume to gdp, Germany or Latvia?
Latvia, at 2.8% against 2.3% in Germany as of 2019.
What is the difference in global leasing volume to gdp between Germany and Latvia?
0.5%, with Latvia ahead.
How many years of comparable data are there for Germany and Latvia?
14 years are reported by both, from 2006 to 2019.
How do Germany and Latvia rank globally for global leasing volume to gdp?
Germany ranks 11th and Latvia ranks 9th of 58 countries.
Where does this data come from?
White Clarke Global Leasing Report, published as Global leasing volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Latvia: Global leasing volume to GDP. Statizoid, drawing on White Clarke Global Leasing Report. Retrieved 28 August 2026, from https://financial-sector.statizoid.com/compare/global-leasing-volume-to-gdp-percent/germany/latvia/

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About this data

Indicator
Global leasing volume to GDP (%)
Unit
%
Source
White Clarke Global Leasing Report
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 786 data points, 2004–2019
Last refreshed

Ratios calculated by source.