Azerbaijan vs Latvia: GDP
GDP over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 33.94 billion constant LCU against 32.21 billion constant LCU in Latvia, a difference of 1.72 billion constant LCU.
That makes Azerbaijan's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Latvia ahead.
Azerbaijan ranks 155th and Latvia ranks 156th of 214 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 constant LCU | 14.20 billion constant LCU | 7.15 billion constant LCU | Latvia |
| 2000s | 14.05 billion constant LCU | 22.04 billion constant LCU | 7.99 billion constant LCU | Latvia |
| 2010s | 28.40 billion constant LCU | 26.74 billion constant LCU | 1.67 billion constant LCU | Azerbaijan |
| 2020s | 31.68 billion constant LCU | 31.27 billion constant LCU | 412.53 million constant LCU | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Azerbaijan or Latvia?
- Azerbaijan, at 33.94 billion constant LCU against 32.21 billion constant LCU in Latvia as of 2025.
- What is the difference in gdp between Azerbaijan and Latvia?
- 1.72 billion constant LCU, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 36 years are reported by both, from 1990 to 2025.
- How do Azerbaijan and Latvia rank globally for gdp?
- Azerbaijan ranks 155th and Latvia ranks 156th of 214 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.