Unemployment

4.1%

0.5

Unemployment

8.8%

-0.5

CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

  1. Countries data: Demographic and economy

Country comparison Latvia vs United Kingdom

Subscribe to our free email alert service
Merchandise Exports %GDP Latvia vs United Kingdom comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,407Kchart11,882K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€2,924,314M2022Annual GDP [+]
Annual GDP [+]2023$43,628Mchart$3,081,870M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€43,5942022GDP per capita [+]
GDP per capita [+]2023$23,169chart$45,9432022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181Mchart€797,064M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202317,581chart2,978,6982022Debt (M.€.) [+]
Debt ($M) [+]202319,011chart3,139,1842022Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart101.86%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,337chart€44,4042022Debt Per Capita [+]
Debt Per Capita [+]2023$10,096chart$46,7972022Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-161,0252022Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-169,7012022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-5.51%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart1,295,530.52022Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart1,365,331.12022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart125,111.72018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart150,104.92018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart13.34%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart270,253,635,254.92022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart87,073,157,032.31998Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart18.74%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart65,129.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart68,638.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart5.29%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart44.30%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,776chart€19,3132022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,490chart$20,3532022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€1,8832018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$2,2592018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€3,9982022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$3,0642017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€9712022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1,0232022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa310/20/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+AA04/21/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-03/27/2020Fitch Rating [+]
Corruption Index [+]202259chart732022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart9º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart34.32018Fragile States Index [+]
RTI Raking [+]2022106ºchart42º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart4º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20246.9%chart4.2%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart3.9%2020Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart1,321K2020Q4Unemployed [+]
NMW [+]2024$773.5chart$1,940.42022NMW [+]
NMW [+]2024€700.0chart€1,929.22022NMW [+]
Average Wage [+]2022$17,646chart$52,2782019Average Wage [+]
Average Wage [+]2022€16,758chart€51,9492022Average Wage [+]
Human Capital Ranking [+]201728ºchart23º2017Human Capital Ranking [+]
Markets
0.860504/23/2024Euro / British pounds [+]
US Dollar exchange rate [+]04/23/20240.9369chart0.809604/23/2024US Dollar exchange rate [+]
4.27%04/23/202410-Year Bond Yield [+]
17604/23/2024Risk Premium [+]
Stock ExchangeYTD % [+]04/23/202413.83%chart7.96%04/23/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20240.9%chart3.2%March 2024CPI (overall index) [+]
HICP [+]March 20241.0%chart0.3%November 2020HICP [+]
PPI Year on Year [+]February 2024-13.1%chart0.6%March 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart5.25%08/03/2023Key rates [+]
Business
Doing Business [+]202019ºchart8º2020Doing Business [+]
IPI Year on Year [+]February 2024-0.2%chart-2.9%December 2020IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart1,614,063December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart28.97December 2022Annual Vehicles/ 1,000 p. [+]
876,6142022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart639.142021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart35.3%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%01/04/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.7%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart39,417,9752019Annual arrivals [+]
Exports [+]2023€20,940.4Mchart€481,541.3M2023Exports [+]
Exports [+]2023$22,446.0Mchart$520,690.6M2023Exports [+]
Exports % GDP [+]202351.90%chart17.31%2022Exports % GDP [+]
Imports [+]2023€25,161.3Mchart€731,806.1M2023Imports [+]
Imports [+]2023$27,114.4Mchart$791,302.0M2023Imports [+]
Imports % GDP [+]202362.36%chart26.74%2022Imports % GDP [+]
Trade balance [+]2023€-4,220.9Mchart€-250,264.8M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-270,611.3M2023Trade balance [+]
Trade balance % GDP [+]2023-10.46%chart-9.44%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart1.4%December 2020Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart10º2015Global AgeWatch Ranking [+]
Density [+]202229chart2752020Density [+]
Global Peace Ranking [+]202327ºchart37º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.80‰2016Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart4,373.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart13.95%2020% Immigrant [+]
% Emigrant [+]202020.07%chart7.05%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart10.10‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart26,801.52017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart9.70‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart1.562021Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.40‰2016Crude marriage rate [+]
% risk of poverty [+]202322.5%chart18.6%2018% risk of poverty [+]
Population [+]20221,883,008chart67,081,0002020Population [+]
Immigrant stock [+]2020239,422chart9,359,5872020Immigrant stock [+]
Emigrant stock [+]2020380,010chart4,732,5102020Emigrant stock [+]
HDI [+]20210.863chart0.9292021HDI [+]
Gender Gap Ranking [+]202313ºchart15º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart80.702021Life expectancy [+]
Suicides [+]2021254chart5,5242020Suicides [+]
Suicide rate [+]202113.64chart8.202020Suicide rate [+]
Number of homicides [+]202267chart6732020Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart1.002020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart5.002022CO2 Tons per capita [+]
6632023Annual crude oil production [+]
2,500.02021Crude Oil Reserves [+]
Consumption GWh [+]20225,982chart287,1282022Consumption GWh [+]
Generation GWh [+]20224,045chart318,5952022Generation GWh [+]
Others
COVID-19 - Deaths [+]04/07/20247,465chart232,11204/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]04/07/2024977,701chart24,917,16304/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart50,762,96809/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]04/07/20243,964.40chart3,460.1804/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart151,248,82009/04/2022Doses administered [+]
Latvia
United Kingdom