Azerbaijan vs Latvia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 31.02 billion constant LCU against 28.06 billion constant LCU in Latvia, a difference of 2.97 billion constant LCU.
That makes Azerbaijan's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.
Azerbaijan ranks 150th and Latvia ranks 151st of 197 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 | 5.49 billion constant LCU | 11.50 billion constant LCU | 6.02 billion constant LCU | Latvia |
| 2000s | 13.10 billion constant LCU | 19.27 billion constant LCU | 6.16 billion constant LCU | Latvia |
| 2010s | 26.47 billion constant LCU | 23.52 billion constant LCU | 2.95 billion constant LCU | Azerbaijan |
| 2020s | 29.13 billion constant LCU | 27.23 billion constant LCU | 1.90 billion constant LCU | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Azerbaijan or Latvia?
- Azerbaijan, at 31.02 billion constant LCU against 28.06 billion constant LCU in Latvia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Azerbaijan and Latvia?
- 2.97 billion constant LCU, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Azerbaijan and Latvia rank globally for gross value added at basic prices (gva)?
- Azerbaijan ranks 150th and Latvia ranks 151st of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.