Austria vs Latvia: Services, value added
Services, value added over time
- Austria
- Latvia
How they compare
Latvia currently reports 64.2% against 64.1% in Austria, a difference of 0.1%.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Austria ahead.
Austria ranks 63rd and Latvia ranks 61st of 204 countries.
Across the 4 decades both report, Austria averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Austria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 58.3% | 55.9% | 2.4% | Austria |
| 2000s | 60.0% | 62.6% | 2.6% | Latvia |
| 2010s | 61.9% | 63.6% | 1.7% | Latvia |
| 2020s | 63.0% | 63.1% | 0.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Austria or Latvia?
- Latvia, at 64.2% against 64.1% in Austria as of 2025.
- What is the difference in services, value added between Austria and Latvia?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for Austria and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Austria and Latvia rank globally for services, value added?
- Austria ranks 63rd and Latvia ranks 61st of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.