Country comparison Latvia vs Luxembourg

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Gouvernement
Qu. GDP Per Capita [+]2024Q35,163Kchart30,943K2024Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€39,073Mchart€79,310M2023Annual GDP [+]
Annual GDP [+]2023$42,248Mchart$85,755M2023Annual GDP [+]
GDP per capita [+]2023€20,770chart€118,7702023GDP per capita [+]
GDP per capita [+]2023$23,176chart$129,8102023GDP per capita [+]
Quarterly GDP [+]2024Q3€9,665Mchart€20,795M2024Q3Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart20,2622023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart22,0202023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart25.50%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€30,1502023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$32,7652023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-5522023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-1,0742023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-0.70%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart37,968.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart41,256.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.4chart3,646.22022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart3,839.62022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart10.74%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart3,941,302,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart4,261,729,852.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart10.95%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022740.1chart543.02022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022779.3chart571.82022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart1.60%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart47.90%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€56,4962023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$61,3902023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€5,5642022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$5,9542022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€5,8912023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$6,3702023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€392chart€8292022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$442chart$8872022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa03/17/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AAAA04/28/1994S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA03/06/2020Fitch Rating [+]
Corruption Index [+]202360chart782023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart18º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart18.72024Fragile States Index [+]
RTI Raking [+]2024107ºchart117º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart20º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20246.8%chart6.3%November 2024Unemployment Rate [+]
Unemployment rate [+]2024Q36.7%chart6.9%2024Q3Unemployment rate [+]
Unemployed [+]2024Q363Kchart24K2024Q3Unemployed [+]
NMW [+]2024$759.6chart$2,790.02024NMW [+]
NMW [+]2024€700.0chart€2,570.92024NMW [+]
Average Wage [+]2023$20,067chart$79,3872023Average Wage [+]
Average Wage [+]2023€18,559chart€73,4182023Average Wage [+]
Human Capital Ranking [+]201728ºchart30º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/24/20250.9549chart0.954901/24/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/24/20250.94%chart3.13%01/23/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20243.2%chart1.0%December 2024CPI (overall index) [+]
HICP [+]December 20243.4%chart1.6%December 2024HICP [+]
PPI Year on Year [+]November 2024-5.0%chart-6.6%November 2024PPI Year on Year [+]
Money Market
Key rates [+]12/18/20243.15%chart3.15%12/18/2024Key rates [+]
Business
Doing Business [+]202019ºchart72º2020Doing Business [+]
IPI Year on Year [+]November 2024-3.0%chart-3.9%November 2024IPI Year on Year [+]
Passengers vehicles Year [+]November 202417,338chart46,927November 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart71.86December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart775.272021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart42.4%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart17.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart1,041,1172019Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€15,898.9M2023Exports [+]
Exports [+]2023$22,666.7Mchart$17,162.3M2023Exports [+]
Exports % GDP [+]202353.63%chart20.05%2023Exports % GDP [+]
Imports [+]2023€25,317.9Mchart€24,322.1M2023Imports [+]
Imports [+]2023$27,324.7Mchart$25,581.1M2023Imports [+]
Imports % GDP [+]202364.80%chart30.67%2023Imports % GDP [+]
Trade balance [+]2023€-4,363.4Mchart€-8,423.2M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-8,387.3M2023Trade balance [+]
Trade balance % GDP [+]2023-11.17%chart-10.62%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20242.3%chart15.8%November 2024Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart19º2015Global AgeWatch Ranking [+]
Density [+]202329chart2592023Density [+]
Global Peace Ranking [+]202430ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,746.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart46.96%2020% Immigrant [+]
% Emigrant [+]202020.07%chart12.88%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.50‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart1,321.52017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.60‰2023Crude death rate [+]
Fertility Rate [+]20221.47chart1.312022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart3.80‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart18.8%2023% risk of poverty [+]
Population [+]20231,871,882chart672,0502023Population [+]
Immigrant stock [+]2020239,422chart298,0622020Immigrant stock [+]
Emigrant stock [+]2020380,010chart81,7572020Emigrant stock [+]
HDI [+]20220.879chart0.9272022HDI [+]
Gender Gap Ranking [+]202430ºchart46º2024Gender Gap Ranking [+]
Life expectancy [+]202375.90chart83.402023Life expectancy [+]
Suicides [+]2022226chart532022Suicides [+]
Suicide rate [+]202212.00chart8.702022Suicide rate [+]
Number of homicides [+]202347chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.532022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart11.182023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart5,8702023Consumption GWh [+]
Generation GWh [+]20236,360chart8102023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart1,00008/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart393,54208/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart462,70206/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,487.9808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart1,374,54703/25/2023Doses administered [+]
Latvia
Luxembourg