Czechia vs Latvia: Total factoring volume to GDP

Czechia
3.5%
in 2020
Latvia
3.0%
in 2020
Czechia rank
33rd
Latvia rank
35th

Total factoring volume to GDP over time

  • Czechia
  • Latvia
23456200720132020

How they compare

Czechia currently reports 3.5% against 3.0% in Latvia, a difference of 0.5%.

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

The two have swapped places 3 times across 14 shared years of data; in 2007 it was Latvia ahead.

Czechia ranks 33rd and Latvia ranks 35th of 73 countries.

Across the 3 decades both report, Czechia averaged higher in 2 and Latvia in 1.

Head to head by decade

Decade Czechia Latvia Difference Ahead
2000s 3.0% 5.4% 2.4% Latvia
2010s 3.1% 2.6% 0.5% Czechia
2020s 3.5% 3.0% 0.5% Czechia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Czechia or Latvia?
Czechia, at 3.5% against 3.0% in Latvia as of 2020.
What is the difference in total factoring volume to gdp between Czechia and Latvia?
0.5%, with Czechia ahead.
How many years of comparable data are there for Czechia and Latvia?
14 years are reported by both, from 2007 to 2020.
How do Czechia and Latvia rank globally for total factoring volume to gdp?
Czechia ranks 33rd 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.

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Czechia vs Latvia: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/czechia/latvia/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.