Australia vs Latvia: Annual value added and its components by economic activity
Annual value added and its components by economic activity over time
- Australia
- Latvia
How they compare
Australia currently reports 125.19 Index against 120.65 Index in Latvia, a difference of 4.54 Index.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Australia ahead.
Australia ranks 8th and Latvia ranks 6th of 21 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 | 68.13 Index | 42.96 Index | 25.17 Index | Australia |
| 2000s | 78.56 Index | 60.17 Index | 18.39 Index | Australia |
| 2010s | 91.8 Index | 88.57 Index | 3.23 Index | Australia |
| 2020s | 114.19 Index | 110.27 Index | 3.92 Index | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual value added and its components by economic activity, Australia or Latvia?
- Australia, at 125.19 Index against 120.65 Index in Latvia as of 2024.
- What is the difference in annual value added and its components by economic activity between Australia and Latvia?
- 4.54 Index, 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 value added and its components by economic activity?
- Australia ranks 8th and Latvia ranks 6th of 21 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual value added and its components by economic activity — Consumption of fixed capital. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A 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