Country comparison Euro zone vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q311,092Kchart5,163K2024Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€14,594,493Mchart€39,073M2023Annual GDP [+]
Annual GDP [+]2023$15,780,687Mchart$42,248M2023Annual GDP [+]
GDP per capita [+]2023€41,610chart€20,7702023GDP per capita [+]
GDP per capita [+]2023$45,374chart$23,1762023GDP per capita [+]
Quarterly GDP [+]2024Q3€3,800,178Mchart€9,665M2024Q3Quarterly GDP [+]
Debt (M.€.) [+]20128,600,983chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]201211,050,543chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]201290.60%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2012€25,586chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2012$32,873chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2012-352,683chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2012-453,127chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2012-3.70%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20134,772,568.1chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]20136,338,447.7chart18,349.22023Expenditure ($M) [+]
1,814.42021Education Expenditure (M.€) [+]
1,820.52021Education Expenditure ($M) [+]
12.65%2021Education Expenditure (%Bud.) [+]
2,043,247,000.02023Gov. Health Exp. (M.€) [+]
2,209,362,981.12023Gov. Health Exp.($M) [+]
14.19%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022210,331.4chart740.12022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022219,078.4chart779.32022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.09%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]201349.80%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2013€14,313chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2013$18,792chart$9,8032023Expenditure Per Capita [+]
€9632021Education Expenditure P.C [+]
$1,1722021Education Expenditure P.C [+]
€1,0852023Gov. Health Exp. P.C. [+]
$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€610chart€3922022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$639chart$4422022Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
592022Corruption Index [+]
41º2019Competitiveness Ranking [+]
44.92018Fragile States Index [+]
106º2022RTI Raking [+]
34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20217.6%chart6.8%November 2024Unemployment Rate [+]
6.7%2024Q3Unemployment rate [+]
63K2024Q3Unemployed [+]
$759.62024NMW [+]
€700.02024NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/08/20250.9722chart0.972201/08/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/30/20250%chart0%12/27/2025Stock ExchangeYTD % [+]
Prices
2.2%November 2024CPI (overall index) [+]
HICP [+]December 20242.4%chart3.4%December 2024HICP [+]
-6.7%May 2024PPI Year on Year [+]
Money Market
Key rates [+]12/18/20243.15%chart3.15%12/18/2024Key rates [+]
Business
19º2020Doing Business [+]
-7.8%April 2024IPI Year on Year [+]
16,739December 2022Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
33.2%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2018413,959,200chart1,934,8002019Annual arrivals [+]
€20,954.5M2023Exports [+]
$22,446.0M2023Exports [+]
53.63%2023Exports % GDP [+]
€25,317.9M2023Imports [+]
$27,114.4M2023Imports [+]
64.80%2023Imports % GDP [+]
€-4,363.4M2023Trade balance [+]
$-4,668.4M2023Trade balance [+]
-11.17%2023Trade balance % GDP [+]
2.4%December 2023Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2019124chart292023Density [+]
27º2023Global Peace Ranking [+]
2.90‰2022Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
12.65%2020% Immigrant [+]
20.07%2020% Emigrant [+]
Birth Rate [+]20228.57‰chart7.70‰2023Birth Rate [+]
335.22017Remittance sent ($M) [+]
Crude death rate [+]202211.19‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20221.45chart1.472022Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202117.0%chart22.5%2023% risk of poverty [+]
Population [+]2019342,597,698chart1,871,8822023Population [+]
239,4222020Immigrant stock [+]
380,0102020Emigrant stock [+]
0.8632021HDI [+]
13º2023Gender Gap Ranking [+]
Life expectancy [+]202281.70chart75.902023Life expectancy [+]
2542021Suicides [+]
13.642021Suicide rate [+]
472023Number of homicides [+]
2.502023Rate Homicides per 100.000 [+]
Energy and Environment
3.612022CO2 Tons per capita [+]
5,9822022Consumption GWh [+]
4,0452022Generation GWh [+]
Others
7,47508/04/2024COVID-19 - Deaths [+]
977,76508/04/2024COVID-19 - Confirmed [+]
1,305,97607/11/2022Fully vaccinated [+]
3,993.3108/04/2024COVID-19 - Deaths per million population [+]
2,895,71607/11/2022Doses administered [+]
Euro zone
  • Capital: Brussels
  • Population: 342,597,698
  • Surface Area: 2,760,484 km2
  • Currency: Euros
Latvia