Australia vs Latvia: Annual national disposable income, US $, volume, constant PPPs

Australia
1.29 million US dollars, PPP converted
in 2024
Latvia
54,495 US dollars, PPP converted
in 2024
Australia rank
10th
Latvia rank
8th

Annual national disposable income, US $, volume, constant PPPs over time

  • Australia
  • Latvia
0500.0k1.0M1.5M195919912024

How they compare

Australia currently reports 1.29 million US dollars, PPP converted against 54,495 US dollars, PPP converted in Latvia, a difference of 1.23 million US dollars, PPP converted.

That makes Australia's figure about 23.6 times Latvia's.

Across all 30 years both countries report, Australia has been ahead every year.

Australia ranks 10th and Latvia ranks 8th of 29 countries.

Australia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 541,453 US dollars, PPP converted 20,630 US dollars, PPP converted 520,823 US dollars, PPP converted Australia
2000s 741,256 US dollars, PPP converted 36,817 US dollars, PPP converted 704,439 US dollars, PPP converted Australia
2010s 1.02 million US dollars, PPP converted 44,614 US dollars, PPP converted 979,527 US dollars, PPP converted Australia
2020s 1.25 million US dollars, PPP converted 53,346 US dollars, PPP converted 1.20 million US dollars, PPP converted Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual national disposable income, us $, volume, constant ppps, Australia or Latvia?
Australia, at 1.29 million US dollars, PPP converted against 54,495 US dollars, PPP converted in Latvia as of 2024.
What is the difference in annual national disposable income, us $, volume, constant ppps between Australia and Latvia?
1.23 million US dollars, PPP converted, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Australia and Latvia rank globally for annual national disposable income, us $, volume, constant ppps?
Australia ranks 10th and Latvia ranks 8th of 29 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual national disposable income, US $, volume, constant PPPs — Disposable income, net. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Annual national disposable income, US $, volume, constant PPPs. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/annual-national-disposable-income-us-volume-constant-ppps-disposable-income-net/australia/latvia-2/

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About this data

Indicator
Annual national disposable income, US $, volume, constant PPPs — Disposable income, net
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
40 places, 1,644 data points, 1959–2025
Last refreshed

This table presents countries' annual national disposable income (net). Net disposable income is calculated by deducting the consumption of fixed capital (depreciation) from gross national disposal income. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org