Latvia vs Morocco: Total factoring volume to GDP

Latvia
3.0%
in 2020
Morocco
2.8%
in 2020
Latvia rank
35th
Morocco rank
36th

Total factoring volume to GDP over time

  • Latvia
  • Morocco
246200720132020

How they compare

Latvia currently reports 3.0% against 2.8% in Morocco, a difference of 0.2%.

That makes Latvia's figure about 1.1 times Morocco's.

The two have swapped places 6 times across 14 shared years of data; in 2007 it was Latvia ahead.

Latvia ranks 35th and Morocco ranks 36th of 73 countries.

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

Head to head by decade

Decade Latvia Morocco Difference Ahead
2000s 5.4% 1.3% 4.1% Latvia
2010s 2.6% 2.8% 0.2% Morocco
2020s 3.0% 2.8% 0.2% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Latvia or Morocco?
Latvia, at 3.0% against 2.8% in Morocco as of 2020.
What is the difference in total factoring volume to gdp between Latvia and Morocco?
0.2%, with Latvia ahead.
How many years of comparable data are there for Latvia and Morocco?
14 years are reported by both, from 2007 to 2020.
How do Latvia and Morocco rank globally for total factoring volume to gdp?
Latvia ranks 35th and Morocco ranks 36th 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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Latvia vs Morocco: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 26 August 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/latvia/morocco/

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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.