Country comparison Latvia vs Norway

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Gouvernement
Qu. GDP Per Capita [+]2023Q45,377Kchart19,350K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,310Mchart€448,904M2023Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$579,422M2022Annual GDP [+]
GDP per capita [+]2023€21,420chart€81,0002023GDP per capita [+]
GDP per capita [+]2022$21,947chart$105,8262022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200Mchart€110,290M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart204,0932022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart215,0892022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart37.12%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€37,1822022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$39,1862022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart144,4372022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart146,8552022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart25.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart216,572.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart223,179.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart28,486.42018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart33,618.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart15.92%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart37,286,216,122.62022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart10,567,578,428.21998Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart17.88%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart9,247.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart9,489.02022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart3.78%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart38.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€39,3812022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$40,6592022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€5,3622018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$6,3142018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€6,8732022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$6,7832017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€1,6942022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1,7332022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa05/06/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+AAA07/09/1975S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA02/28/2020Fitch Rating [+]
Corruption Index [+]202259chart842022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart17º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart18.32018Fragile States Index [+]
RTI Raking [+]2022106ºchart81º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart19º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%chart4.5%January 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart3.5%2023Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart106K2023Q4Unemployed [+]
NMW [+]2023$662.4
NMW [+]2024€700.0
Average Wage [+]2022$17,646chart$69,4302022Average Wage [+]
Average Wage [+]2022€16,758chart€65,9352022Average Wage [+]
Human Capital Ranking [+]201728ºchart2017Human Capital Ranking [+]
Markets
11.556503/18/2024Euro / Norwegian krones [+]
US Dollar exchange rate [+]03/18/20240.9181chart10.577003/15/2024US Dollar exchange rate [+]
3.69%03/18/202410-Year Bond Yield [+]
12403/18/2024Risk Premium [+]
Stock ExchangeYTD % [+]03/18/202414.56%chart-0.47%03/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20240.4%chart4.8%December 2023CPI (overall index) [+]
HICP [+]February 20240.6%chart4.4%February 2024HICP [+]
PPI Year on Year [+]January 2024-12.3%chart2.6%February 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.25%09/22/2023Key rates [+]
Business
Doing Business [+]202019ºchart2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%chart8.3%January 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart174,329December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart38.26December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart634.332021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart43.6%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart25.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart5,879,0002019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€164,256.8M2023Exports [+]
Exports [+]2023$20,736.2Mchart$165,888.0M2023Exports [+]
Exports % GDP [+]202259.06%chart45.67%2022Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€89,425.4M2023Imports [+]
Imports [+]2023$24,834.5Mchart$88,310.6M2023Imports [+]
Imports % GDP [+]202272.35%chart17.98%2022Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€74,831.4M2023Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$77,577.3M2023Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart27.69%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart-3.9%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart2015Global AgeWatch Ranking [+]
Density [+]202229chart92022Density [+]
Global Peace Ranking [+]202327ºchart24º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.80‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart614.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart15.81%2020% Immigrant [+]
% Emigrant [+]202020.07%chart3.55%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart9.40‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2,237.92017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart8.40‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.412022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart3.30‰2020Crude marriage rate [+]
% risk of poverty [+]202322.5%chart12.2%2022% risk of poverty [+]
Population [+]20221,883,008chart5,488,9842022Population [+]
Immigrant stock [+]2020239,422chart852,2382020Immigrant stock [+]
Emigrant stock [+]2020380,010chart191,3922020Emigrant stock [+]
HDI [+]20210.863chart0.9612021HDI [+]
Gender Gap Ranking [+]202313ºchart2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart82.502022Life expectancy [+]
Suicides [+]2021254chart6572021Suicides [+]
Suicide rate [+]202113.40chart12.112021Suicide rate [+]
Number of homicides [+]202267chart302022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.552022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart7.702021CO2 Tons per capita [+]
1,7042022Annual crude oil production [+]
8,122.22021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart130,8432021Consumption GWh [+]
Generation GWh [+]20215,538chart157,5032021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart5,73203/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart1,506,64103/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,054,72611/13/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart1,044.2703/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart12,145,56011/13/2022Doses administered [+]