Latvia vs New Zealand: GDP (current US$), annual growth rate

Latvia
2.23 % change on previous year
in 2024
New Zealand
1.98 % change on previous year
in 2024
Latvia rank
172nd
New Zealand rank
175th

GDP (current US$), annual growth rate over time

  • Latvia
  • New Zealand
-2002040197119972024

How they compare

Latvia currently reports 2.23 % change on previous year against 1.98 % change on previous year in New Zealand, a difference of 0.25 % change on previous year.

That makes Latvia's figure about 1.1 times New Zealand's.

The two have swapped places 9 times across 29 shared years of data; in 1996 it was New Zealand ahead.

Latvia ranks 172nd and New Zealand ranks 175th of 211 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and New Zealand in 1.

Head to head by decade

Decade Latvia New Zealand Difference Ahead
1990s 6.94 % change on previous year -1.61 % change on previous year 8.55 % change on previous year Latvia
2000s 14.75 % change on previous year 8.49 % change on previous year 6.26 % change on previous year Latvia
2010s 2.9 % change on previous year 6.08 % change on previous year 3.18 % change on previous year New Zealand
2020s 5.8 % change on previous year 4.35 % change on previous year 1.46 % change on previous year Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current us$), annual growth rate, Latvia or New Zealand?
Latvia, at 2.23 % change on previous year against 1.98 % change on previous year in New Zealand as of 2024.
What is the difference in gdp (current us$), annual growth rate between Latvia and New Zealand?
0.25 % change on previous year, with Latvia ahead.
How many years of comparable data are there for Latvia and New Zealand?
29 years are reported by both, from 1996 to 2024.
How do Latvia and New Zealand rank globally for gdp (current us$), annual growth rate?
Latvia ranks 172nd and New Zealand ranks 175th of 211 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs New Zealand: GDP (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gdp-current-us-annual-growth-rate-2/latvia/new-zealand/

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About this data

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.