AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompare Latvia Cyprus GouvernementQu. GDP Per Capita [+]2024Q35,163K8,956K2024Q3Qu. GDP Per Capita [+]Annual GDP [+]2023€39,073M€31,340M2023Annual GDP [+]Annual GDP [+]2023$42,248M$32,239M2023Annual GDP [+]GDP per capita [+]2023€20,770€33,8002023GDP per capita [+]GDP per capita [+]2023$23,176$35,0162023GDP per capita [+]Quarterly GDP [+]2024Q3€9,665M€8,363M2024Q3Quarterly GDP [+]Debt (M.€.) [+]202317,57923,0762023Debt (M.€.) [+]Debt ($M) [+]202319,01524,9162023Debt ($M) [+]Debt (%GDP) [+]202345.00%73.60%2023Debt (%GDP) [+]Debt Per Capita [+]2023€9,391€24,7202023Debt Per Capita [+]Debt Per Capita [+]2023$10,158$26,6902023Debt Per Capita [+]Deficit (M.€) [+]2023-9326322023Deficit (M.€) [+]Deficit ($M) [+]2023-1,5399942023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.40%2.00%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202317,187.313,130.02023Expenditure (M.€) [+]Expenditure ($M) [+]202318,349.212,973.72023Expenditure ($M) [+]Education Expenditure (M.€) [+]20211,814.41,408.12021Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20211,820.51,543.72021Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202112.65%12.74%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20232,043,247,000.01,992,642,000.02022Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20232,209,362,981.12,098,252,026.02022Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202114.19%18.37%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2022740.1533.82022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2022779.3516.22022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20225.16%4.52%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202344.00%41.90%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€9,182€14,0652023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$9,803$13,8982023Expenditure Per Capita [+]Education Expenditure P.C [+]2021€963€1,5642021Education Expenditure P.C [+]Education Expenditure P.C [+]2021$1,172$1,8052021Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2023€1,085€2,1922022Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2023$1,173$2,3082022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€392€5852022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$442$5872022Defence Expenditure P.C. [+]Moody's Rating [+]01/26/2024A3A311/22/2024Moody's Rating [+]S&P Rating [+]05/31/2024ABBB+06/14/2024S&P Rating [+]Fitch Rating [+]04/10/2020A-BBB03/10/2023Fitch Rating [+]Corruption Index [+]202259522022Corruption Index [+]Competitiveness Ranking [+]201941º44º2019Competitiveness Ranking [+]Fragile States Index [+]201844.960.32018Fragile States Index [+]RTI Raking [+]2022106º70º2022RTI Raking [+]Innovation Ranking [+]201834º29º2018Innovation Ranking [+]LabourUnemployment Rate [+]November 20246.8%4.4%November 2024Unemployment Rate [+]Unemployment rate [+]2024Q36.7%4.5%2024Q3Unemployment rate [+]Unemployed [+]2024Q363K23K2024Q3Unemployed [+]NMW [+]2024$759.6$1,085.22024NMW [+]NMW [+]2024€700.0€1,000.02024NMW [+]Average Wage [+]2023$20,067$28,8592023Average Wage [+]Average Wage [+]2023€18,559€26,6892023Average Wage [+]Human Capital Ranking [+]201728º38º2017Human Capital Ranking [+]MarketsUS Dollar exchange rate [+]01/08/20250.97220.972201/08/2025US Dollar exchange rate [+]Stock ExchangeYTD % [+]12/27/20250%0.62%12/31/2025Stock ExchangeYTD % [+]PricesCPI (overall index) [+]November 20242.2%HICP [+]December 20243.4%3.1%December 2024HICP [+]PPI Year on Year [+]May 2024-6.7%-4.4%April 2024PPI Year on Year [+]Money MarketKey rates [+]12/18/20243.15%3.15%12/18/2024Key rates [+]BusinessDoing Business [+]202019º54º2020Doing Business [+]IPI Year on Year [+]April 2024-7.8%2.8%April 2024IPI Year on Year [+]Passengers vehicles Year [+]December 202216,73911,627December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.2014.93December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2021457.35787.942021Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202333.2%38.6%2023Tax Revenue (%GDP) [+]Standard VAT [+]07/01/201221.00%19.00%01/13/2014Standard VAT [+]Top tax rate + SSC [+]202231.4%35.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,934,8003,976,7772019Annual arrivals [+]Exports [+]2023€20,954.5M€4,638.9M2023Exports [+]Exports [+]2023$22,446.0M$4,453.4M2023Exports [+]Exports % GDP [+]202353.63%14.80%2023Exports % GDP [+]Imports [+]2023€25,317.9M€13,068.8M2023Imports [+]Imports [+]2023$27,114.4M$13,987.3M2023Imports [+]Imports % GDP [+]202364.80%41.70%2023Imports % GDP [+]Trade balance [+]2023€-4,363.4M€-8,429.9M2023Trade balance [+]Trade balance [+]2023$-4,668.4M$-9,534.0M2023Trade balance [+]Trade balance % GDP [+]2023-11.17%-26.90%2023Trade balance % GDP [+]Retail Sales YoY [+]December 20232.4%9.2%December 2023Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201535º30º2015Global AgeWatch Ranking [+]Density [+]2023291012023Density [+]Global Peace Ranking [+]202327º64º2023Global Peace Ranking [+]Crude divorce rate [+]20222.90‰2.60‰2019Crude divorce rate [+]Remittance received ($M) [+]20171,090.0334.82017Remittance received ($M) [+]% Immigrant [+]202012.65%21.25%2020% Immigrant [+]% Emigrant [+]202020.07%19.33%2020% Emigrant [+]Birth Rate [+]20237.70‰11.10‰2023Birth Rate [+]Remittance sent ($M) [+]2017335.2437.92017Remittance sent ($M) [+]Crude death rate [+]202314.90‰7.20‰2023Crude death rate [+]Fertility Rate [+]20221.471.372022Fertility Rate [+]Crude marriage rate [+]20226.30‰8.90‰2019Crude marriage rate [+]% risk of poverty [+]202322.5%13.9%2023% risk of poverty [+]Population [+]20231,871,882933,5052023Population [+]Immigrant stock [+]2020239,422190,3662020Immigrant stock [+]Emigrant stock [+]2020380,010173,2102020Emigrant stock [+]HDI [+]20210.8630.8962021HDI [+]Gender Gap Ranking [+]202313º106º2023Gender Gap Ranking [+]Life expectancy [+]202375.9082.502023Life expectancy [+]Suicides [+]2021254402022Suicides [+]Suicide rate [+]202113.644.342022Suicide rate [+]Number of homicides [+]202347112023Number of homicides [+]Rate Homicides per 100.000 [+]20232.500.822023Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.616.102022CO2 Tons per capita [+]Consumption GWh [+]20225,9825,0242022Consumption GWh [+]Generation GWh [+]20224,0455,2612022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20247,4751,45108/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/2024977,765696,41008/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,976646,14202/22/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20243,993.311,554.3608/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]07/11/20222,895,7161,798,61002/22/2023Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,871,882Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EUCyprusCountrySubcontinentContinentWorldCapital: NicosiaPopulation: 933,505Surface Area: 9,250 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, UN, OSCE, EU Compare Afghanistan Latvia Compare Albania Latvia Compare Algeria Latvia Compare Andorra Latvia Compare Angola Latvia Compare Antigua and Barbuda Latvia Compare Argentina Latvia Compare Armenia Latvia Compare Australia Latvia Compare Austria Latvia Compare Azerbaijan Latvia Compare Bahamas Latvia Compare Bahrain Latvia Compare Bangladesh Latvia Compare Barbados Latvia Compare Belarus Latvia Compare Belgium Latvia Compare Belize Latvia Compare Benin Latvia Compare Bhutan Latvia Compare Bolivia Latvia Compare Bosnia and Herzegovina Latvia Compare Botswana Latvia Compare Brazil Latvia Compare Brunei Latvia Compare Bulgaria Latvia Compare Burkina Faso Latvia Compare Burundi Latvia Compare Cabo Verde Latvia Compare Cambodia Latvia Compare Cameroon Latvia 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