Australia vs Latvia: Gross national savings, Percent of GDP
Australia
22.63
in 2031
Latvia
21.48
in 2031
Australia rank
17th
Latvia rank
20th
Gross national savings, Percent of GDP over time
- Australia
- Latvia
How they compare
Australia currently reports 22.63 against 21.48 in Latvia, a difference of 1.15.
That makes Australia's figure about 1.1 times Latvia's.
The two have swapped places 10 times across 40 shared years of data; in 1992 it was Australia ahead.
Australia ranks 17th and Latvia ranks 20th of 25 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 | 20.94 | 15.87 | 5.07 | Australia |
| 2000s | 21.6 | 22.82 | 1.22 | Latvia |
| 2010s | 22.52 | 23.47 | 0.9498 | Latvia |
| 2020s | 23.14 | 21.36 | 1.78 | Australia |
| 2030s | 22.61 | 21.44 | 1.18 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national savings, percent of gdp, Australia or Latvia?
- Australia, at 22.63 against 21.48 in Latvia as of 2031.
- What is the difference in gross national savings, percent of gdp between Australia and Latvia?
- 1.15, with Australia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 40 years are reported by both, from 1992 to 2031.
- How do Australia and Latvia rank globally for gross national savings, percent of gdp?
- Australia ranks 17th and Latvia ranks 20th of 25 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross national savings, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.