Australia vs Latvia: Manufacturing, value added (current LCU), per unit of GDP

Australia
0.0822 current LCU per US$ of GDP
in 2025
Latvia
0.0884 current LCU per US$ of GDP
in 2025
Australia rank
171st
Latvia rank
169th

Manufacturing, value added (current LCU), per unit of GDP over time

  • Australia
  • Latvia
0.050.10.150.2199020072025

How they compare

Latvia currently reports 0.0884 current LCU per US$ of GDP against 0.0822 current LCU per US$ of GDP in Australia, a difference of 0.0062 current LCU per US$ of GDP.

That makes Latvia's figure about 1.1 times Australia's.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Australia ahead.

Australia ranks 171st and Latvia ranks 169th of 203 countries.

Across the 4 decades both report, Australia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 0.1738 current LCU per US$ of GDP 0.1328 current LCU per US$ of GDP 0.041 current LCU per US$ of GDP Australia
2000s 0.1512 current LCU per US$ of GDP 0.0974 current LCU per US$ of GDP 0.0538 current LCU per US$ of GDP Australia
2010s 0.074 current LCU per US$ of GDP 0.092 current LCU per US$ of GDP 0.0181 current LCU per US$ of GDP Latvia
2020s 0.0784 current LCU per US$ of GDP 0.1007 current LCU per US$ of GDP 0.0223 current LCU per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added (current lcu), per unit of gdp, Australia or Latvia?
Latvia, at 0.0884 current LCU per US$ of GDP against 0.0822 current LCU per US$ of GDP in Australia as of 2025.
What is the difference in manufacturing, value added (current lcu), per unit of gdp between Australia and Latvia?
0.0062 current LCU per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Australia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Australia and Latvia rank globally for manufacturing, value added (current lcu), per unit of gdp?
Australia ranks 171st and Latvia ranks 169th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Manufacturing, value added (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Manufacturing, value added (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/compare/manufacturing-value-added-current-lcu-per-unit-of-gdp/australia/latvia/

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About this data

Indicator
Manufacturing, value added (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,243 data points, 1960–2025
Last refreshed

Manufacturing, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.