Latvia vs Turkey: Total factoring volume to GDP (%)
Latvia
3.0%
in 2020
Turkey
3.2%
in 2020
Latvia rank
35th
Turkey rank
34th
Total factoring volume to GDP (%) over time
- Latvia
- Turkey
How they compare
Turkey currently reports 3.2% against 3.0% in Latvia, a difference of 0.2%.
That makes Turkey's figure about 1.1 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 Turkey ranks 34th of 73 countries.
Across the 3 decades both report, Latvia averaged higher in 1 and Turkey in 2.
Head to head by decade
| Decade | Latvia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.4% | 3.9% | 1.5% | Latvia |
| 2010s | 2.6% | 4.8% | 2.1% | Turkey |
| 2020s | 3.0% | 3.2% | 0.2% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factoring volume to gdp, Latvia or Turkey?
- Turkey, at 3.2% against 3.0% in Latvia as of 2020.
- What is the difference in total factoring volume to gdp between Latvia and Turkey?
- 0.2%, with Turkey ahead.
- How many years of comparable data are there for Latvia and Turkey?
- 14 years are reported by both, from 2007 to 2020.
- How do Latvia and Turkey rank globally for total factoring volume to gdp?
- Latvia ranks 35th and Turkey ranks 34th 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.