Australia vs Latvia: Value Added (Total Manufacturing) — Value Standard Local Currency
Australia
0.2508 % change on previous year
in 2023
Latvia
0.1795 % change on previous year
in 2023
Australia rank
136th
Latvia rank
138th
Value Added (Total Manufacturing) — Value Standard Local Currency over time
- Australia
- Latvia
How they compare
Australia currently reports 0.2508 % change on previous year against 0.1795 % change on previous year in Latvia, a difference of 0.0713 % change on previous year.
That makes Australia's figure about 1.4 times Latvia's.
The two have swapped places 10 times across 32 shared years of data; in 1992 it was Australia ahead.
Australia ranks 136th and Latvia ranks 138th of 223 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.44 % change on previous year | -8.59 % change on previous year | 11.03 % change on previous year | Australia |
| 2000s | 1.03 % change on previous year | 1.77 % change on previous year | 0.7388 % change on previous year | Latvia |
| 2010s | -0.8715 % change on previous year | 4 % change on previous year | 4.87 % change on previous year | Latvia |
| 2020s | 1.14 % change on previous year | 1.41 % change on previous year | 0.268 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — value standard local currency, Australia or Latvia?
- Australia, at 0.2508 % change on previous year against 0.1795 % change on previous year in Latvia as of 2023.
- What is the difference in value added (total manufacturing) — value standard local currency between Australia and Latvia?
- 0.0713 % change on previous year, with Australia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 32 years are reported by both, from 1992 to 2023.
- How do Australia and Latvia rank globally for value added (total manufacturing) — value standard local currency?
- Australia ranks 136th and Latvia ranks 138th of 223 countries.
- Where does this data come from?
- Statizoid (derived), published as Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.