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Australia vs Latvia

Side-by-side comparison
vs
IndicatorAustraliaLatvia
GDP per Capita $65,946 $25,630
GDP Growth 1.81% 1.03%
Inflation Rate 2.58% 3.76%
Population 27.5M 1.9M
Unemployment Rate 4.09% 6.57%

Australia vs Latvia: Key Differences

Australia's gdp per capita ($65,946) is 2.6x higher than Latvia's ($25,630) as of 2025. Australia's gdp growth (1.81%) is 1.8x higher than Latvia's (1.03%) as of 2025. Latvia has a 46% higher inflation rate (3.76%) compared to Australia (2.58%). Australia's population (27.5M) is 14.7x higher than Latvia's (1.9M) as of 2025. Latvia's unemployment rate (6.57%) is 1.6x higher than Australia's (4.09%) as of 2025.

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