Country comparison Monaco vs Latvia

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Gouvernement
5,163K2024Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€9,244Mchart€39,073M2023Annual GDP [+]
Annual GDP [+]2023$9,995Mchart$42,248M2023Annual GDP [+]
GDP per capita [+]2022€227,376chart€20,7702023GDP per capita [+]
GDP per capita [+]2022$239,437chart$23,1762023GDP per capita [+]
€9,665M2024Q3Quarterly GDP [+]
17,5792023Debt (M.€.) [+]
19,0152023Debt ($M) [+]
45.00%2023Debt (%GDP) [+]
€9,3912023Debt Per Capita [+]
$10,1582023Debt Per Capita [+]
-9322023Deficit (M.€) [+]
-1,5392023Deficit ($M) [+]
-2.40%2023Deficit (%GDP) [+]
17,187.32023Expenditure (M.€) [+]
18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]2021103.8chart1,814.42021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023173.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20224.80%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2021240.4chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2021284.3chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202113.65%chart14.19%2021Gov. Health Exp. (%Bud.) [+]
740.12022Defence Expenditure (M.€) [+]
779.32022Defence Expenditure ($M) [+]
5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202124.24%chart44.00%2023Expenditure (%GDP) [+]
€9,1822023Expenditure Per Capita [+]
$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€2,830chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$3,348chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2021€6,553chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2021$7,750chart$1,1732023Gov. Health Exp. P.C. [+]
€3922022Defence Expenditure P.C. [+]
$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 [+]
RTI Raking [+]2022132ºchart106º2022RTI Raking [+]
34º2018Innovation Ranking [+]
Labour
6.8%November 2024Unemployment Rate [+]
6.7%2024Q3Unemployment rate [+]
63K2024Q3Unemployed [+]
NMW [+]2014$12.7chart$759.62024NMW [+]
NMW [+]2014€1,650.6chart€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 [+]
0%12/27/2025Stock ExchangeYTD % [+]
Prices
2.2%November 2024CPI (overall index) [+]
3.4%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 [+]2018347,000chart1,934,8002019Annual 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 [+]
$-4,668.4M2023Trade balance [+]
-11.17%2023Trade balance % GDP [+]
2.4%December 2023Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2021490chart292023Density [+]
27º2023Global Peace Ranking [+]
Crude divorce rate [+]20042.50‰chart2.90‰2022Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202072.05%chart12.65%2020% Immigrant [+]
% Emigrant [+]202088.16%chart20.07%2020% Emigrant [+]
Birth Rate [+]20185.90‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017181.3chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20186.60‰chart14.90‰2023Crude death rate [+]
1.472022Fertility Rate [+]
Crude marriage rate [+]20055.01‰chart6.30‰2022Crude marriage rate [+]
22.5%2023% risk of poverty [+]
Population [+]202136,686chart1,871,8822023Population [+]
Immigrant stock [+]202026,601chart239,4222020Immigrant stock [+]
Emigrant stock [+]202032,552chart380,0102020Emigrant stock [+]
0.8632021HDI [+]
13º2023Gender Gap Ranking [+]
75.902023Life expectancy [+]
2542021Suicides [+]
13.642021Suicide rate [+]
Number of homicides [+]20150chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20150chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
3.612022CO2 Tons per capita [+]
5,9822022Consumption GWh [+]
4,0452022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202467chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202417,181chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]12/21/202125,667chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,826.31chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/21/202165,140chart2,895,71607/11/2022Doses administered [+]
Monaco
Latvia