Country comparison Latvia vs Albania

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Minimum wages Latvia vs Albania comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,377K
Annual GDP [+]2023€40,348Mchart€17,972M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$19,083M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€6,5072022GDP per capita [+]
GDP per capita [+]2022$21,947chart$6,9102022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181M
Debt (M.€.) [+]202215,948chart11,8692022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart12,5082022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart65.55%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€4,2982022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$4,5292022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-6622022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-6982022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-3.66%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart5,512.82022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart5,809.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart412.62020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart471.02020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart12.07%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart369.32018Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart558.32017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart14.68%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart284.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart302.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart5.12%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart30.45%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€1,9962022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$2,1042022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€1452020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$1642020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€1292018Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$1902017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€1032022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1102022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B104/07/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+B+09/22/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202259chart362022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart81º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart60.12018Fragile States Index [+]
RTI Raking [+]2022106ºchart2022RTI Raking [+]
Innovation Ranking [+]201834ºchart83º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%
Unemployment rate [+]2023Q46.8%chart11.2%2019Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart160K2019Q4Unemployed [+]
NMW [+]2023$662.4chart$389.32023NMW [+]
NMW [+]2024€700.0chart€385.12024NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728ºchart85º2017Human Capital Ranking [+]
Markets
103.470003/28/2024Euro / Lek [+]
US Dollar exchange rate [+]03/28/20240.9250chart95.870003/28/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/28/202414.46%
Prices
CPI (overall index) [+]February 20240.4%
HICP [+]February 20240.6%chart2.8%February 2024HICP [+]
PPI Year on Year [+]February 2024-13.1%chart4.9%December 2023PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart3.25%11/03/2023Key rates [+]
Business
Doing Business [+]202019ºchart82º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%
Passengers vehicles Year [+]December 202216,739chart3,005December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart1.19December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart167.312015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart5,919,3292019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€4,044.0M2023Exports [+]
Exports [+]2023$20,736.2Mchart$4,026.3M2023Exports [+]
Exports % GDP [+]202259.06%chart22.76%2022Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€8,038.1M2023Imports [+]
Imports [+]2023$24,834.5Mchart$7,723.2M2023Imports [+]
Imports % GDP [+]202272.35%chart44.52%2022Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€-3,994.1M2023Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$-4,098.8M2023Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart-21.77%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart2.3%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart53º2015Global AgeWatch Ranking [+]
Density [+]202229chart962022Density [+]
Global Peace Ranking [+]202327ºchart40º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.10‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,381.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.72%2020% Immigrant [+]
% Emigrant [+]202020.07%chart44.19%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart8.90‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart198.62017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart8.60‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.212022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart6.80‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart22.0%2021% risk of poverty [+]
Population [+]20221,883,008chart2,761,7852022Population [+]
Immigrant stock [+]2020239,422chart48,8102020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,250,4512020Emigrant stock [+]
HDI [+]20210.863chart0.7962021HDI [+]
Gender Gap Ranking [+]202313ºchart17º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart79.102022Life expectancy [+]
Suicides [+]2021254chart962010Suicides [+]
Suicide rate [+]202113.64chart3.302010Suicide rate [+]
Number of homicides [+]202267chart472022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart1.652022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart1.562021CO2 Tons per capita [+]
152022Annual crude oil production [+]
150.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart7,4162021Consumption GWh [+]
Generation GWh [+]20215,538chart8,9632021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart3,60503/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart334,86303/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,279,33309/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart1,305.3203/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart3,088,96609/10/2023Doses administered [+]