Australia vs Latvia: Services, value added
Services, value added over time
- Australia
- Latvia
How they compare
Australia currently reports 1.7% against 1.6% in Latvia, a difference of 0.1%.
The two have swapped places 12 times across 30 shared years of data; in 1996 it was Australia ahead.
Australia ranks 150th and Latvia ranks 152nd 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 | 4.8% | 6.1% | 1.3% | Latvia |
| 2000s | 3.4% | 6.5% | 3.1% | Latvia |
| 2010s | 2.7% | 2.3% | 0.4% | Australia |
| 2020s | 2.6% | 1.9% | 0.6% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Australia or Latvia?
- Australia, at 1.7% against 1.6% in Latvia as of 2025.
- What is the difference in services, value added between Australia and Latvia?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Australia and Latvia rank globally for services, value added?
- Australia ranks 150th and Latvia ranks 152nd of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.