CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

  1. Countries data: Demographic and economy

Country comparison Hungary vs Latvia

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Global Competitiveness Ranking Hungary vs Latvia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,358Kchart5,407K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€196,391Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2023$212,504Mchart$43,628M2023Annual GDP [+]
GDP per capita [+]2023€20,480chart€21,4402023GDP per capita [+]
GDP per capita [+]2023$22,136chart$23,1692023GDP per capita [+]
Quarterly GDP [+]2023Q4€51,361Mchart€10,181M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022121,821chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]2022131,970chart16,8062022Debt ($M) [+]
Debt (%GDP) [+]202273.90%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€12,690chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$13,747chart$8,9252022Debt Per Capita [+]
Deficit (M.€) [+]2022-10,545chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]2022-11,239chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]2022-6.20%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202282,472.8chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202286,131.7chart16,572.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20186,289.6chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20187,422.7chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201810.08%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20228,300,748,805.2chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20197,095.3chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201710.08%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20222,576.4chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20222,746.5chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.30%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202248.80%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,591chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,972chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€644chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$759chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€857chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2019$726chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€266chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$283chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]09/01/2023Baa2A301/26/2024Moody's Rating [+]
S&P Rating [+]01/27/2023BBB-A+12/06/2022S&P Rating [+]
Fitch Rating [+]02/14/2020BBBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202242chart592022Corruption Index [+]
Competitiveness Ranking [+]201947ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201850.2chart44.92018Fragile States Index [+]
RTI Raking [+]202265ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201833ºchart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20244.4%chart6.9%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q44.4%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2023Q4220Kchart64K2023Q4Unemployed [+]
NMW [+]2024$953.5chart$773.52024NMW [+]
NMW [+]2024€697.0chart€700.02024NMW [+]
Average Wage [+]2022$17,030chart$17,6462022Average Wage [+]
Average Wage [+]2022€16,172chart€16,7582022Average Wage [+]
Human Capital Ranking [+]201739ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Hungarian forints [+]04/16/2024394.6300
US Dollar exchange rate [+]01/18/2019279.8000chart0.940104/16/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/15/202453.92%chart14.92%04/16/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20243.6%chart0.9%March 2024CPI (overall index) [+]
HICP [+]February 20243.6%chart1.0%March 2024HICP [+]
PPI Year on Year [+]February 2024-5.9%chart-13.1%February 2024PPI Year on Year [+]
Money Market
Key rates [+]03/27/20248.25%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202052ºchart19º2020Doing Business [+]
IPI Year on Year [+]February 20241.3%chart-0.2%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022111,536chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.12chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022441,729
Vehicles / 1,000 people [+]2021478.15chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202234.9%chart30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201227.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202233.5%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]201916,937,000chart1,934,8002019Annual arrivals [+]
Exports [+]2023€148,764.9Mchart€20,940.4M2023Exports [+]
Exports [+]2023$160,859.5Mchart$22,611.1M2023Exports [+]
Exports % GDP [+]202375.70%chart51.83%2023Exports % GDP [+]
Imports [+]2023€144,214.9Mchart€25,161.3M2023Imports [+]
Imports [+]2023$155,939.6Mchart$27,170.4M2023Imports [+]
Imports % GDP [+]202373.38%chart62.28%2023Imports % GDP [+]
Trade balance [+]2023€4,550.1Mchart€-4,220.9M2023Trade balance [+]
Trade balance [+]2023$4,919.9Mchart$-4,559.3M2023Trade balance [+]
Trade balance % GDP [+]20232.32%chart-10.45%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-10.1%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201539ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2022103chart292022Density [+]
Global Peace Ranking [+]202318ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20221.80‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]20174,692.2chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20206.01%chart12.65%2020% Immigrant [+]
% Emigrant [+]20207.34%chart20.07%2020% Emigrant [+]
Birth Rate [+]20229.30‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]20171,093.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202214.20‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20221.56chart1.472022Fertility Rate [+]
Crude marriage rate [+]20226.60‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202212.1%chart22.5%2023% risk of poverty [+]
Population [+]20229,599,744chart1,883,0082022Population [+]
Immigrant stock [+]2020584,567chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020714,420chart380,0102020Emigrant stock [+]
HDI [+]20210.846chart0.8632021HDI [+]
Gender Gap Ranking [+]202399ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202276.00chart74.502022Life expectancy [+]
Suicides [+]20211,561chart2542021Suicides [+]
Suicide rate [+]202116.00chart13.642021Suicide rate [+]
Number of homicides [+]202294chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20220.94chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20215.29chart3.852021CO2 Tons per capita [+]
Annual crude oil production [+]202218
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202143,914chart6,9172021Consumption GWh [+]
Generation GWh [+]202134,191chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/202449,049chart7,46503/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20242,230,293chart977,70103/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]12/27/20226,207,249chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20245,109.41chart3,964.4003/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/04/202216,701,238chart2,895,71607/11/2022Doses administered [+]
Hungary
Latvia