Latvia vs Russia: Total factoring volume to GDP (%)
Latvia
3.0%
in 2020
Russia
3.5%
in 2020
Latvia rank
35th
Russia rank
32nd
Total factoring volume to GDP (%) over time
- Latvia
- Russia
How they compare
Russia currently reports 3.5% against 3.0% in Latvia, a difference of 0.5%.
That makes Russia's figure about 1.2 times Latvia's.
The two have swapped places 1 time across 14 shared years of data; in 2007 it was Latvia ahead.
Latvia ranks 35th and Russia ranks 32nd of 73 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Russia in 1.
Head to head by decade
| Decade | Latvia | Russia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.4% | 1.3% | 4.1% | Latvia |
| 2010s | 2.6% | 2.2% | 0.5% | Latvia |
| 2020s | 3.0% | 3.5% | 0.5% | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factoring volume to gdp, Latvia or Russia?
- Russia, at 3.5% against 3.0% in Latvia as of 2020.
- What is the difference in total factoring volume to gdp between Latvia and Russia?
- 0.5%, with Russia ahead.
- How many years of comparable data are there for Latvia and Russia?
- 14 years are reported by both, from 2007 to 2020.
- How do Latvia and Russia rank globally for total factoring volume to gdp?
- Latvia ranks 35th and Russia ranks 32nd 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.