Azerbaijan vs Latvia: GDP

Azerbaijan
33.42 billion
in 2024
Latvia
31.54 billion
in 2024
Azerbaijan rank
59th
Latvia rank
61st

GDP over time

  • Azerbaijan
  • Latvia
010.0B20.0B30.0B199020072024

How they compare

Azerbaijan currently reports 33.42 billion against 31.54 billion in Latvia, a difference of 1.89 billion.

That makes Azerbaijan's figure about 1.1 times Latvia's.

The two have swapped places 3 times across 35 shared years of data; in 1990 it was Latvia ahead.

Azerbaijan ranks 59th and Latvia ranks 61st of 74 countries.

Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Azerbaijan Latvia Difference Ahead
1990s 7.05 billion 14.20 billion 7.15 billion Latvia
2000s 14.05 billion 22.04 billion 7.99 billion Latvia
2010s 28.40 billion 26.74 billion 1.67 billion Azerbaijan
2020s 31.23 billion 31.08 billion 145.20 million Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Azerbaijan or Latvia?
Azerbaijan, at 33.42 billion against 31.54 billion in Latvia as of 2024.
What is the difference in gdp between Azerbaijan and Latvia?
1.89 billion, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Latvia?
35 years are reported by both, from 1990 to 2024.
How do Azerbaijan and Latvia rank globally for gdp?
Azerbaijan ranks 59th and Latvia ranks 61st of 74 countries.
Where does this data come from?
UNICEF, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Latvia: GDP. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/gdp-constant-lcu-3/azerbaijan/latvia/

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About this data

Indicator
GDP (constant LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,684 data points, 1960–2024
Last refreshed