Country comparison Latvia vs Belgium

Subscribe to our free email alert service
Merchandise Imports % GDP Latvia vs Belgium comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,377Kchart12,304K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€582,583M2023Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$579,059M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€49,5402023GDP per capita [+]
GDP per capita [+]2022$21,947chart$49,8432022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181Mchart€147,212M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart578,0632022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart608,7612022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart104.30%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€49,1802022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$51,7922022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-21,3452022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-22,4952022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-3.90%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart294,217.92022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart310,069.62022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart29,357.52018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart34,685.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart12.22%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart46,064,855,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart48,506,292,315.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart15.31%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart6,536.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart6,831.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart2.23%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart53.50%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€25,0312022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$26,3802022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€2,5692018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$3,0432018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€3,9652022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$4,1752022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€5602022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$5882022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa304/28/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+AA11/25/2011S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202259chart732022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart29.72018Fragile States Index [+]
RTI Raking [+]2022106ºchart120º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart25º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%chart5.5%January 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart5.5%2023Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart295K2023Q4Unemployed [+]
NMW [+]2023$662.4chart$2,088.62023NMW [+]
NMW [+]2024€700.0chart€1,994.22024NMW [+]
Average Wage [+]2022$17,646chart$58,2642022Average Wage [+]
Average Wage [+]2022€16,758chart€55,3322022Average Wage [+]
Human Capital Ranking [+]201728ºchart15º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/28/20240.9250chart0.925003/28/2024US Dollar exchange rate [+]
2.89%03/28/202410-Year Bond Yield [+]
5803/28/2024Risk Premium [+]
Stock ExchangeYTD % [+]03/28/202414.46%chart3.69%03/28/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20240.4%chart1.4%December 2023CPI (overall index) [+]
HICP [+]February 20240.6%chart3.6%February 2024HICP [+]
PPI Year on Year [+]February 2024-13.1%chart-13.3%February 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202019ºchart46º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%chart-2.7%January 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart366,333December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart36.72December 2022Annual Vehicles/ 1,000 p. [+]
276,5542022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart44.8%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart9,343,3242019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€520,360.3M2023Exports [+]
Exports [+]2023$20,736.2Mchart$527,627.8M2023Exports [+]
Exports % GDP [+]202259.06%chart109.46%2022Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€505,614.9M2023Imports [+]
Imports [+]2023$24,834.5Mchart$514,037.6M2023Imports [+]
Imports % GDP [+]202272.35%chart106.26%2022Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€14,745.4M2023Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$15,956.6M2023Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart3.20%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart-6.2%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202229chart3852022Density [+]
Global Peace Ranking [+]202327ºchart20º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.70‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart17.36%2020% Immigrant [+]
% Emigrant [+]202020.07%chart5.00%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart9.80‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart10.00‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.532022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.20‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart12.3%2023% risk of poverty [+]
Population [+]20221,883,008chart11,742,7962022Population [+]
Immigrant stock [+]2020239,422chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020380,010chart577,4632020Emigrant stock [+]
HDI [+]20210.863chart0.9372021HDI [+]
Gender Gap Ranking [+]202313ºchart10º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart81.802022Life expectancy [+]
Suicides [+]2021254chart1,6742021Suicides [+]
Suicide rate [+]202113.64chart14.282021Suicide rate [+]
Number of homicides [+]202267chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart8.222021CO2 Tons per capita [+]
Consumption GWh [+]20216,917chart83,4132021Consumption GWh [+]
Generation GWh [+]20215,538chart94,8642021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart34,33903/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart4,859,00203/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart2,924.2603/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart31,469,38702/11/2024Doses administered [+]