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