Country comparison Montenegro vs Latvia

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Global Competitiveness Ranking Montenegro vs Latvia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q42,777Kchart5,377K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€6,847Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2022$6,230Mchart$41,167M2022Annual GDP [+]
GDP per capita [+]2022€9,600chart€21,4402023GDP per capita [+]
GDP per capita [+]2022$10,102chart$21,9472022GDP per capita [+]
Quarterly GDP [+]2023Q4€1,772Mchart€10,181M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]20224,180chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]20224,405chart16,8062022Debt ($M) [+]
Debt (%GDP) [+]202272.10%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€6,778chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$7,143chart$8,9252022Debt Per Capita [+]
Deficit (M.€) [+]2022-242chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]2022-255chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.17%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]20222,503.0chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]20222,637.7chart16,572.02022Expenditure ($M) [+]
1,237.22018Education Expenditure (M.€) [+]
1,461.72018Education Expenditure ($M) [+]
11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2019251.8chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2019281.9chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201612.06%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202295.2chart796.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022100.1chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.95%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202243.18%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€4,059chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$4,277chart$8,8012022Expenditure Per Capita [+]
€6422018Education Expenditure P.C [+]
$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2019€405chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2019$453chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€154chart€4222022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$162chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]09/09/2022B1A301/26/2024Moody's Rating [+]
S&P Rating [+]03/01/2024BA+12/06/2022S&P Rating [+]
A-04/10/2020Fitch Rating [+]
Corruption Index [+]202245chart592022Corruption Index [+]
Competitiveness Ranking [+]201973ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201855.3chart44.92018Fragile States Index [+]
RTI Raking [+]202260ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201852ºchart34º2018Innovation Ranking [+]
Labour
6.9%January 2024Unemployment Rate [+]
Unemployment rate [+]2021Q415.4%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2021Q442Kchart64K2023Q4Unemployed [+]
NMW [+]2023$568.9chart$662.42023NMW [+]
NMW [+]2024€532.5chart€700.02024NMW [+]
$17,6462022Average Wage [+]
€16,7582022Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/27/20240.9246chart0.924603/27/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/27/2024-5.72%chart15.13%03/27/2024Stock ExchangeYTD % [+]
Prices
0.4%February 2024CPI (overall index) [+]
HICP [+]February 20244.9%chart0.6%February 2024HICP [+]
PPI Year on Year [+]January 20242.0%chart-13.1%February 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202050ºchart19º2020Doing Business [+]
IPI Year on Year [+]January 20245.7%chart-5.0%January 2024IPI Year on Year [+]
16,739December 2022Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20192,509,625chart1,934,8002019Annual arrivals [+]
Exports [+]2023€628.6Mchart€20,911.0M2023Exports [+]
Exports [+]2023$676.3Mchart$20,736.2M2023Exports [+]
Exports % GDP [+]202211.82%chart59.06%2022Exports % GDP [+]
Imports [+]2023€3,806.5Mchart€25,127.5M2023Imports [+]
Imports [+]2023$3,658.4Mchart$24,834.5M2023Imports [+]
Imports % GDP [+]202259.75%chart72.35%2022Imports % GDP [+]
Trade balance [+]2023€-3,177.9Mchart€-4,216.6M2023Trade balance [+]
Trade balance [+]2023$-2,982.1Mchart$-4,495.7M2023Trade balance [+]
Trade balance % GDP [+]2022-47.93%chart-13.29%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 202311.6%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202245chart292022Density [+]
Global Peace Ranking [+]202345ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart12.65%2020% Immigrant [+]
% Emigrant [+]202021.42%chart20.07%2020% Emigrant [+]
Birth Rate [+]202211.40‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]201775.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202211.50‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20211.76chart1.472022Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202220.3%chart22.5%2023% risk of poverty [+]
Population [+]2022616,695chart1,883,0082022Population [+]
Immigrant stock [+]202070,999chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020132,965chart380,0102020Emigrant stock [+]
HDI [+]20210.832chart0.8632021HDI [+]
Gender Gap Ranking [+]202369ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202173.80chart74.502022Life expectancy [+]
Suicides [+]201569chart2542021Suicides [+]
Suicide rate [+]201511.07chart13.642021Suicide rate [+]
Number of homicides [+]202216chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20222.55chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
3.852021CO2 Tons per capita [+]
Consumption GWh [+]20212,891chart6,9172021Consumption GWh [+]
Generation GWh [+]20213,299chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20242,654chart7,46503/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024251,280chart977,70103/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20244,303.59chart3,964.4003/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart2,895,71607/11/2022Doses administered [+]