Iceland vs Latvia: Liquid liabilities to GDP
Liquid liabilities to GDP over time
- Iceland
- Latvia
How they compare
Latvia currently reports 73.9% against 72.5% in Iceland, a difference of 1.4%.
The two have swapped places 1 time across 12 shared years of data; in 2010 it was Iceland ahead.
Iceland ranks 81st and Latvia ranks 80th of 186 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 74.6% | 56.3% | 18.3% | Iceland |
| 2020s | 72.3% | 75.1% | 2.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher liquid liabilities to gdp, Iceland or Latvia?
- Latvia, at 73.9% against 72.5% in Iceland as of 2021.
- What is the difference in liquid liabilities to gdp between Iceland and Latvia?
- 1.4%, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 12 years are reported by both, from 2010 to 2021.
- How do Iceland and Latvia rank globally for liquid liabilities to gdp?
- Iceland ranks 81st and Latvia ranks 80th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.