Country comparison Latvia vs Georgia

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Government budget deficit Latvia vs Georgia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,377K
Annual GDP [+]2023€40,348Mchart€23,348M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$24,606M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€6,3302022GDP per capita [+]
GDP per capita [+]2022$21,947chart$6,6712022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181M
Debt (M.€.) [+]202215,948chart9,2862022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart9,7862022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart39.77%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€2,4852022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$2,6192022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-6072022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-6402022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-2.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart6,880.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart7,251.12022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart534.62020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart610.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart11.17%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart406.92017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart459.52017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart9.52%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart334.12022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart352.12022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart5.26%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart29.47%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€1,8412022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$1,9412022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€1442020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$1642020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€972017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$1092017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€912022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$952022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba204/28/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+BB02/25/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB04/24/2020Fitch Rating [+]
Corruption Index [+]202259chart562022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart74º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart74.02018Fragile States Index [+]
RTI Raking [+]2022106ºchart57º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart59º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%
Unemployment rate [+]2023Q46.8%chart15.7%2022Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart243K2022Q4Unemployed [+]
NMW [+]2023$662.4chart$6.92022NMW [+]
NMW [+]2024€700.0chart€5.72022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
2.933703/28/2024Euro / Lari [+]
US Dollar exchange rate [+]03/27/20240.9246chart2.708403/28/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/27/202415.13%
Prices
CPI (overall index) [+]February 20240.4%chart10.4%November 2022CPI (overall index) [+]
HICP [+]February 20240.6%
PPI Year on Year [+]February 2024-13.1%chart2.0%February 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart8.25%03/13/2024Key rates [+]
Business
Doing Business [+]202019ºchart2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%
Passengers vehicles Year [+]December 202216,739chart2,804December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.91December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart280.592015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart22.6%2021Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart18.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart20.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart5,080,4782019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€3,587.0M2021Exports [+]
Exports [+]2023$20,736.2Mchart$4,242.3M2021Exports [+]
Exports % GDP [+]202259.06%chart22.79%2021Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€8,517.2M2021Imports [+]
Imports [+]2023$24,834.5Mchart$10,073.3M2021Imports [+]
Imports % GDP [+]202272.35%chart54.12%2021Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€-4,930.3M2021Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$-5,831.0M2021Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart-31.33%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart29º2015Global AgeWatch Ranking [+]
Density [+]202229chart542022Density [+]
Global Peace Ranking [+]202327ºchart94º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart2.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,794.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.13%2020% Immigrant [+]
% Emigrant [+]202020.07%chart23.09%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart12.40‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart160.62017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart16.20‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart1.832022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart7.00‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart15.6%2022% risk of poverty [+]
Population [+]20221,883,008chart3,736,3572022Population [+]
Immigrant stock [+]2020239,422chart79,3682020Immigrant stock [+]
Emigrant stock [+]2020380,010chart861,0772020Emigrant stock [+]
HDI [+]20210.863chart0.8022021HDI [+]
Gender Gap Ranking [+]202313ºchart76º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart71.692021Life expectancy [+]
Suicides [+]2021254chart2672015Suicides [+]
Suicide rate [+]202113.64chart7.182015Suicide rate [+]
Number of homicides [+]202267chart772019Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart2.042019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart3.002021CO2 Tons per capita [+]
02022Annual crude oil production [+]
35.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart13,4002021Consumption GWh [+]
Generation GWh [+]20215,538chart12,6452021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart17,13203/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart1,855,28903/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,276,17310/13/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart4,585.2103/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart2,930,67710/13/2022Doses administered [+]