Azerbaijan vs Latvia: Gross Domestic Product — Value Standard Local Currency, annual growth
Azerbaijan
2.61 % change on previous year
in 2024
Latvia
2.12 % change on previous year
in 2024
Azerbaijan rank
202nd
Latvia rank
205th
Gross Domestic Product — Value Standard Local Currency, annual growth over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 2.61 % change on previous year against 2.12 % change on previous year in Latvia, a difference of 0.49 % change on previous year.
That makes Azerbaijan's figure about 1.2 times Latvia's.
The two have swapped places 10 times across 32 shared years of data; in 1992 it was Azerbaijan ahead.
Azerbaijan ranks 202nd and Latvia ranks 205th of 218 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 269.36 % change on previous year | 102.54 % change on previous year | 166.82 % change on previous year | Azerbaijan |
| 2000s | 26.7 % change on previous year | 12.63 % change on previous year | 14.07 % change on previous year | Azerbaijan |
| 2010s | 9.05 % change on previous year | 4.88 % change on previous year | 4.18 % change on previous year | Azerbaijan |
| 2020s | 11.04 % change on previous year | 6.3 % change on previous year | 4.74 % change on previous year | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, annual growth, Azerbaijan or Latvia?
- Azerbaijan, at 2.61 % change on previous year against 2.12 % change on previous year in Latvia as of 2024.
- What is the difference in gross domestic product — value standard local currency, annual growth between Azerbaijan and Latvia?
- 0.49 % change on previous year, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 32 years are reported by both, from 1992 to 2024.
- How do Azerbaijan and Latvia rank globally for gross domestic product — value standard local currency, annual growth?
- Azerbaijan ranks 202nd and Latvia ranks 205th of 218 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.