Country comparison Latvia vs Tonga

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Gouvernement
Qu. GDP Per Capita [+]2024Q35,163K
Annual GDP [+]2023€39,073Mchart€481M2023Annual GDP [+]
Annual GDP [+]2023$42,248Mchart$520M2023Annual GDP [+]
GDP per capita [+]2023€20,770chart€4,5352023GDP per capita [+]
GDP per capita [+]2023$23,176chart$4,9052023GDP per capita [+]
Quarterly GDP [+]2024Q3€9,665M
Debt (M.€.) [+]202317,579chart2082023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart2252023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart43.27%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€1,9632023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$2,1232023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart292023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart322023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart6.05%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart228.22023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart246.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.4chart25.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart26.82022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart9.77%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart14.42021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart17.12021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart7.34%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022740.1
Defence Expenditure ($M) [+]2022779.3
Defence Expenditure (%Bud.) [+]20225.16%
Expenditure (%GDP) [+]202344.00%chart47.44%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€2,1522023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$2,3282023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2402022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$2532022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1362021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1612021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€392
Defence Expenditure P.C. [+]2022$442
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202259chart312011Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]201844.9
RTI Raking [+]2022106º
Innovation Ranking [+]201834º
Labour
Unemployment Rate [+]November 20246.8%
Unemployment rate [+]2024Q36.7%
Unemployed [+]2024Q363K
NMW [+]2024$759.6
NMW [+]2024€700.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/08/20250.9722
Stock ExchangeYTD % [+]12/27/20250%
Prices
CPI (overall index) [+]November 20242.2%
HICP [+]December 20243.4%
PPI Year on Year [+]May 2024-6.7%
Money Market
Key rates [+]12/18/20243.15%
Business
Doing Business [+]202019ºchart103º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%
Passengers vehicles Year [+]December 202216,739
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202333.2%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]20191,934,800chart54,0002018Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€8.5M2023Exports [+]
Exports [+]2023$22,446.0Mchart$9.2M2023Exports [+]
Exports % GDP [+]202353.63%chart1.76%2023Exports % GDP [+]
Imports [+]2023€25,317.9Mchart€245.4M2023Imports [+]
Imports [+]2023$27,114.4Mchart$265.4M2023Imports [+]
Imports % GDP [+]202364.80%chart51.05%2023Imports % GDP [+]
Trade balance [+]2023€-4,363.4Mchart€-237.0M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-256.2M2023Trade balance [+]
Trade balance % GDP [+]2023-11.17%chart-49.29%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart1412021Density [+]
Global Peace Ranking [+]202327º
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart145.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.74%2020% Immigrant [+]
% Emigrant [+]202020.07%chart74.55%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart22.89‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2.92017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.89‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart3.192022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%chart20.6%2021% risk of poverty [+]
Population [+]20231,871,882chart106,0172021Population [+]
Immigrant stock [+]2020239,422chart3,7422020Immigrant stock [+]
Emigrant stock [+]2020380,010chart74,5502020Emigrant stock [+]
HDI [+]20210.863chart0.7452021HDI [+]
Gender Gap Ranking [+]202313º
Life expectancy [+]202375.90chart71.272022Life expectancy [+]
Suicides [+]2021254chart42015Suicides [+]
Suicide rate [+]202113.64chart3.682015Suicide rate [+]
Number of homicides [+]202347chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.952019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart1.482022CO2 Tons per capita [+]
Consumption GWh [+]20225,982chart692022Consumption GWh [+]
Generation GWh [+]20224,045chart752022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart1208/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart16,97608/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart77,36004/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart113.1908/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart203,20804/11/2023Doses administered [+]
Latvia
Tonga