Australia vs Latvia: Annual net national income per capita, US $, current prices, current

Australia
59,174 US dollars per person, PPP converted
in 2024
Latvia
34,818 US dollars per person, PPP converted
in 2024
Australia rank
9th
Latvia rank
11th

Annual net national income per capita, US $, current prices, current over time

  • Australia
  • Latvia
020.0k40.0k60.0k196019922024

How they compare

Australia currently reports 59,174 US dollars per person, PPP converted against 34,818 US dollars per person, PPP converted in Latvia, a difference of 24,356 US dollars per person, PPP converted.

That makes Australia's figure about 1.7 times Latvia's.

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

Australia ranks 9th and Latvia ranks 11th of 31 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 19,826 US dollars per person, PPP converted 4,941 US dollars per person, PPP converted 14,885 US dollars per person, PPP converted Australia
2000s 28,112 US dollars per person, PPP converted 10,208 US dollars per person, PPP converted 17,904 US dollars per person, PPP converted Australia
2010s 38,701 US dollars per person, PPP converted 18,474 US dollars per person, PPP converted 20,227 US dollars per person, PPP converted Australia
2020s 54,634 US dollars per person, PPP converted 31,466 US dollars per person, PPP converted 23,168 US dollars per person, PPP converted Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual net national income per capita, us $, current prices, current, Australia or Latvia?
Australia, at 59,174 US dollars per person, PPP converted against 34,818 US dollars per person, PPP converted in Latvia as of 2024.
What is the difference in annual net national income per capita, us $, current prices, current between Australia and Latvia?
24,356 US dollars per person, 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 net national income per capita, us $, current prices, current?
Australia ranks 9th and Latvia ranks 11th of 31 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual net national income per capita, US $, current prices, current PPPs — Balance of primary incomes, net / National income, net, per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Annual net national income per capita, US $, current prices, current. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/annual-net-national-income-per-capita-us-current-prices-current-ppps-balance-of-primary/australia/latvia-2/

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About this data

Indicator
Annual net national income per capita, US $, current prices, current PPPs — Balance of primary incomes, net / National income, net, per capita
Unit
US dollars per person, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 1,839 data points, 1960–2025
Last refreshed

This table presents countries' annual Net National Income (NNI) per capita. The data is in current prices and is converted to US dollars using Purchasing Power Parities (PPPs). NNI is calculated by deducting the consumption of fixed capital (depreciation) from Gross National Income (GNI). GNI is calculated by adding to Gross Domestic Product (GDP) any flows to the domestic economy from other countries of compensation of employees (wages and salaries and employers’ social contributions), property income (e.g. interest and dividends) and taxes less subsidies on production; and by deducting from GDP the equivalent flows from the domestic economy to other countries. 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