Colombia vs Latvia: Total factoring volume to GDP
Colombia
2.5%
in 2020
Latvia
3.0%
in 2020
Colombia rank
37th
Latvia rank
35th
Total factoring volume to GDP over time
- Colombia
- Latvia
How they compare
Latvia currently reports 3.0% against 2.5% in Colombia, a difference of 0.5%.
That makes Latvia's figure about 1.2 times Colombia's.
The two have swapped places 8 times across 14 shared years of data; in 2007 it was Latvia ahead.
Colombia ranks 37th and Latvia ranks 35th of 73 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.3% | 5.4% | 4.0% | Latvia |
| 2010s | 2.5% | 2.6% | 0.1% | Latvia |
| 2020s | 2.5% | 3.0% | 0.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factoring volume to gdp, Colombia or Latvia?
- Latvia, at 3.0% against 2.5% in Colombia as of 2020.
- What is the difference in total factoring volume to gdp between Colombia and Latvia?
- 0.5%, with Latvia ahead.
- How many years of comparable data are there for Colombia and Latvia?
- 14 years are reported by both, from 2007 to 2020.
- How do Colombia and Latvia rank globally for total factoring volume to gdp?
- Colombia ranks 37th and Latvia ranks 35th of 73 countries.
- Where does this data come from?
- Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.