Australia vs Latvia: Annual net national income per capita, US $, volume, constant PPPs

Australia
47,271 US dollars per person, PPP converted
in 2024
Latvia
28,471 US dollars per person, PPP converted
in 2024
Australia rank
9th
Latvia rank
9th

Annual net national income per capita, US $, volume, constant PPPs over time

  • Australia
  • Latvia
10.0k20.0k30.0k40.0k50.0k195919912024

How they compare

Australia currently reports 47,271 US dollars per person, PPP converted against 28,471 US dollars per person, PPP converted in Latvia, a difference of 18,800 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 9th of 27 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 29,367 US dollars per person, PPP converted 8,331 US dollars per person, PPP converted 21,036 US dollars per person, PPP converted Australia
2000s 36,631 US dollars per person, PPP converted 15,880 US dollars per person, PPP converted 20,751 US dollars per person, PPP converted Australia
2010s 43,334 US dollars per person, PPP converted 21,953 US dollars per person, PPP converted 21,381 US dollars per person, PPP converted Australia
2020s 47,721 US dollars per person, PPP converted 27,770 US dollars per person, PPP converted 19,950 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 $, volume, constant ppps, Australia or Latvia?
Australia, at 47,271 US dollars per person, PPP converted against 28,471 US dollars per person, PPP converted in Latvia as of 2024.
What is the difference in annual net national income per capita, us $, volume, constant ppps between Australia and Latvia?
18,800 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 $, volume, constant ppps?
Australia ranks 9th and Latvia ranks 9th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual net national income per capita, US $, volume, constant PPPs, reference year 2020 — 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 $, volume, constant PPPs. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/annual-net-national-income-per-capita-us-volume-constant-ppps-reference-year-2020-balance/australia/latvia-2/

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About this data

Indicator
Annual net national income per capita, US $, volume, constant PPPs, reference year 2020 — 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
38 places, 1,545 data points, 1959–2025
Last refreshed

This table presents countries' annual Net National Income (NNI) per capita. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). 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