Country comparison Latvia vs Germany

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Gouvernement
Qu. GDP Per Capita [+]2023Q45,377Kchart12,152K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,310Mchart€4,121,160M2023Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$4,456,210M2023Annual GDP [+]
GDP per capita [+]2023€21,420chart€48,7502023GDP per capita [+]
GDP per capita [+]2022$21,947chart$52,8242023GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200Mchart€1,053,040M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart2,561,6752022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart2,701,1702022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart66.10%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€30,3662022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$32,0202022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-96,9102022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-102,1312022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-2.50%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart1,918,143.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart2,021,483.22022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart167,457.12018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart197,849.12018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart11.23%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart423,311,000,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart445,746,483,000.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart19.88%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart53,889.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart56,793.22022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart2.75%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart49.50%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€22,7382022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$23,9632022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€2,0202018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$2,3862018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€5,0862022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$5,3552022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€6432022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$6782022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa02/10/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+AAA08/17/1983S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA01/17/2020Fitch Rating [+]
Corruption Index [+]202259chart792022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart25.82018Fragile States Index [+]
RTI Raking [+]2022106ºchart126º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%chart3.1%January 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart3.1%2023Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart1,356K2023Q4Unemployed [+]
NMW [+]2023$662.4chart$2,133.42023NMW [+]
NMW [+]2024€700.0chart€2,054.02024NMW [+]
Average Wage [+]2022$17,646chart$57,9582022Average Wage [+]
Average Wage [+]2022€16,758chart€55,0412022Average Wage [+]
Human Capital Ranking [+]201728ºchart2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/18/20240.9181chart0.918103/18/2024US Dollar exchange rate [+]
2.46%03/18/202410-Year Bond Yield [+]
Stock ExchangeYTD % [+]03/18/202414.56%chart7.09%03/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20240.4%chart2.5%February 2024CPI (overall index) [+]
HICP [+]February 20240.6%chart2.7%February 2024HICP [+]
PPI Year on Year [+]January 2024-12.3%chart-4.5%January 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202019ºchart22º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%chart-5.4%January 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart2,651,357December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart35.13December 2022Annual Vehicles/ 1,000 p. [+]
3,677,8202022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart633.462021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart41.9%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart19.00%01/01/2007Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.5%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart39,563,2172019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€1,561,887.7M2023Exports [+]
Exports [+]2023$20,736.2Mchart$1,549,027.0M2023Exports [+]
Exports % GDP [+]202259.06%chart34.76%2023Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€1,352,694.0M2023Imports [+]
Imports [+]2023$24,834.5Mchart$1,357,153.9M2023Imports [+]
Imports % GDP [+]202272.35%chart30.46%2023Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€209,193.6M2023Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$218,323.2M2023Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart4.90%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart-6.5%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart2015Global AgeWatch Ranking [+]
Density [+]202229chart2362022Density [+]
Global Peace Ranking [+]202327ºchart15º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.70‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart16,833.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart18.96%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.64%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart8.80‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart24,670.92017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart12.70‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.462022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.30‰2021Crude marriage rate [+]
% risk of poverty [+]202322.5%chart14.3%2023% risk of poverty [+]
Population [+]20221,883,008chart84,358,8452022Population [+]
Immigrant stock [+]2020239,422chart15,762,4572020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,855,2682020Emigrant stock [+]
HDI [+]20210.863chart0.9422021HDI [+]
Gender Gap Ranking [+]202313ºchart2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart80.702022Life expectancy [+]
Suicides [+]2021254chart9,2902021Suicides [+]
Suicide rate [+]202113.40chart11.162021Suicide rate [+]
Number of homicides [+]202267chart6952021Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.832021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart8.062021CO2 Tons per capita [+]
332022Annual crude oil production [+]
115.22021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart511,6602021Consumption GWh [+]
Generation GWh [+]20215,538chart557,1442021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart174,97903/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart38,437,75603/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart63,563,41404/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart2,074.2203/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart192,221,46804/07/2023Doses administered [+]