Australia vs Latvia: Real gdp growth, annual growth rate

Australia
96.31 % change on previous year
in 2025
Latvia
96.07 % change on previous year
in 2024
Australia rank
33rd
Latvia rank
34th

Real gdp growth, annual growth rate over time

  • Australia
  • Latvia
-750-500-2500250198120032025

How they compare

Australia currently reports 96.31 % change on previous year against 96.07 % change on previous year in Latvia, a difference of 0.24 % change on previous year.

The two have swapped places 16 times across 31 shared years of data; in 1994 it was Latvia ahead.

Australia ranks 33rd and Latvia ranks 34th of 196 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 5.3 % change on previous year 58.02 % change on previous year 52.72 % change on previous year Latvia
2000s -1.59 % change on previous year -33.11 % change on previous year 31.52 % change on previous year Australia
2010s 3.2 % change on previous year 35.3 % change on previous year 32.1 % change on previous year Latvia
2020s 7.01 % change on previous year -87.91 % change on previous year 94.92 % change on previous year Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real gdp growth, annual growth rate, Australia or Latvia?
Australia, at 96.31 % change on previous year against 96.07 % change on previous year in Latvia as of 2025.
What is the difference in real gdp growth, annual growth rate between Australia and Latvia?
0.24 % change on previous year, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
31 years are reported by both, from 1994 to 2024.
How do Australia and Latvia rank globally for real gdp growth, annual growth rate?
Australia ranks 33rd and Latvia ranks 34th of 196 countries.
Where does this data come from?
Statizoid (derived), published as Real gdp growth, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Real gdp growth, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/compare/real-gdp-growth-annual-growth-rate/australia/latvia/

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About this data

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.