Australia vs Latvia: Economic Outlook No 117 — Net capital outlays of the government

Australia
83.72 billion
in 2026
Latvia
885.14 million
in 2026
Australia rank
10th
Latvia rank
7th

Economic Outlook No 117 — Net capital outlays of the government over time

  • Australia
  • Latvia
020.0B40.0B60.0B80.0B198920072026

How they compare

Australia currently reports 83.72 billion against 885.14 million in Latvia, a difference of 82.84 billion.

That makes Australia's figure about 94.6 times Latvia's.

Across all 32 years both countries report, Australia has been ahead every year.

Australia ranks 10th and Latvia ranks 7th 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 3.39 billion -135.73 million 3.53 billion Australia
2000s 12.78 billion 161.85 million 12.62 billion Australia
2010s 31.07 billion 49.29 million 31.03 billion Australia
2020s 63.71 billion 606.98 million 63.10 billion Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — net capital outlays of the government, Australia or Latvia?
Australia, at 83.72 billion against 885.14 million in Latvia as of 2026.
What is the difference in economic outlook no 117 — net capital outlays of the government between Australia and Latvia?
82.84 billion, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
32 years are reported by both, from 1995 to 2026.
How do Australia and Latvia rank globally for economic outlook no 117 — net capital outlays of the government?
Australia ranks 10th and Latvia ranks 7th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Net capital outlays of the government. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Economic Outlook No 117 — Net capital outlays of the government. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-net-capital-outlays-of-the-government/australia/latvia-2/

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About this data

Indicator
Economic Outlook No 117 — Net capital outlays of the government
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
37 places, 1,644 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP