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Latvia vs Australia

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IndicatorLatviaAustralia
GDP per Capita $25,630 $65,946
GDP Growth 1.03% 1.81%
Inflation Rate 3.76% 2.58%
Population 1.9M 27.5M
Unemployment Rate 6.57% 4.09%

Latvia vs Australia: 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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