Azerbaijan vs Latvia: National comprehensive wealth index
Azerbaijan
309.63 billion real chained 2019 US$
in 2020
Latvia
306.93 billion real chained 2019 US$
in 2020
Azerbaijan rank
89th
Latvia rank
90th
National comprehensive wealth index over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 309.63 billion real chained 2019 US$ against 306.93 billion real chained 2019 US$ in Latvia, a difference of 2.70 billion real chained 2019 US$.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Latvia ahead.
Azerbaijan ranks 89th and Latvia ranks 90th of 149 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 65.31 billion real chained 2019 US$ | 283.81 billion real chained 2019 US$ | 218.50 billion real chained 2019 US$ | Latvia |
| 2000s | 124.80 billion real chained 2019 US$ | 287.39 billion real chained 2019 US$ | 162.58 billion real chained 2019 US$ | Latvia |
| 2010s | 224.06 billion real chained 2019 US$ | 288.13 billion real chained 2019 US$ | 64.07 billion real chained 2019 US$ | Latvia |
| 2020s | 309.63 billion real chained 2019 US$ | 306.93 billion real chained 2019 US$ | 2.70 billion real chained 2019 US$ | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher national comprehensive wealth index, Azerbaijan or Latvia?
- Azerbaijan, at 309.63 billion real chained 2019 US$ against 306.93 billion real chained 2019 US$ in Latvia as of 2020.
- What is the difference in national comprehensive wealth index between Azerbaijan and Latvia?
- 2.70 billion real chained 2019 US$, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 26 years are reported by both, from 1995 to 2020.
- How do Azerbaijan and Latvia rank globally for national comprehensive wealth index?
- Azerbaijan ranks 89th and Latvia ranks 90th of 149 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as National comprehensive wealth index (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.