Australia vs Latvia: Gross domestic product (GDP), Constant prices, Percent change

Australia
2.33
in 2031
Latvia
2.37
in 2031
Australia rank
19th
Latvia rank
18th

Gross domestic product (GDP), Constant prices, Percent change over time

  • Australia
  • Latvia
-20-10010198020052031

How they compare

Latvia currently reports 2.37 against 2.33 in Australia, a difference of 0.04.

The two have swapped places 13 times across 39 shared years of data; in 1993 it was Australia ahead.

Australia ranks 19th and Latvia ranks 18th of 26 countries.

Across the 5 decades both report, Australia averaged higher in 3 and Latvia in 2.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 4.22 1.37 2.86 Australia
2000s 3.16 5.25 2.09 Latvia
2010s 2.6 2.56 0.0439 Australia
2020s 2.03 1.59 0.4358 Australia
2030s 2.29 2.37 0.0748 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), constant prices, percent change, Australia or Latvia?
Latvia, at 2.37 against 2.33 in Australia as of 2031.
What is the difference in gross domestic product (gdp), constant prices, percent change between Australia and Latvia?
0.04, with Latvia ahead.
How many years of comparable data are there for Australia and Latvia?
39 years are reported by both, from 1993 to 2031.
How do Australia and Latvia rank globally for gross domestic product (gdp), constant prices, percent change?
Australia ranks 19th and Latvia ranks 18th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Percent change (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Gross domestic product (GDP), Constant prices, Percent change. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-constant-prices-percent-change-9-26-2025/australia/latvia/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Percent change (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,271 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.