Country comparison Albania vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q42,364Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€25,122Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$27,192Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€9,096chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$9,846chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2024Q4€6,528Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202211,869chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]202212,508chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202265.20%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2022€4,298chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2022$4,529chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2022-662chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2022-698chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2022-3.64%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20225,512.9chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]20225,809.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2022496.7chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2022519.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20222.75%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022503.3chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022529.5chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20229.19%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023379.9chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023410.7chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.62%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202230.28%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€1,996chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$2,104chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€179chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$191chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€178chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$187chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€138chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$149chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]10/18/2024Ba3A301/26/2024Moody's Rating [+]
S&P Rating [+]03/21/2025BBA05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
Corruption Index [+]202337chart602023Corruption Index [+]
Competitiveness Ranking [+]201981ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202455.9chart41.42024Fragile States Index [+]
RTI Raking [+]20247ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202484ºchart42º2024Innovation Ranking [+]
Labour
6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2023Q410.9%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2023Q4162Kchart64K2024Q4Unemployed [+]
NMW [+]2025$424.4chart$768.82025NMW [+]
NMW [+]2025€408.0chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201785ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Lek [+]05/22/202598.0700
US Dollar exchange rate [+]05/22/202586.7800chart0.884305/22/2025US Dollar exchange rate [+]
0.23%05/22/2025Stock ExchangeYTD % [+]
Prices
3.9%April 2025CPI (overall index) [+]
HICP [+]April 20252.6%chart4.0%April 2025HICP [+]
PPI Year on Year [+]December 2024-0.5%chart1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]11/08/20242.75%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202082ºchart19º2020Doing Business [+]
-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20193,005chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20191.19chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015167.31chart457.352021Vehicles / 1,000 people [+]
Taxes
33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200620.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202023.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20227,104,700chart478,0002021Annual arrivals [+]
Exports [+]2024€3,698.3Mchart€19,094.0M2024Exports [+]
Exports [+]2024$4,003.0Mchart$20,667.0M2024Exports [+]
Exports % GDP [+]202414.72%chart47.49%2024Exports % GDP [+]
Imports [+]2024€8,889.2Mchart€21,934.5M2024Imports [+]
Imports [+]2024$9,621.5Mchart$23,741.5M2024Imports [+]
Imports % GDP [+]202435.38%chart54.55%2024Imports % GDP [+]
Trade balance [+]2024€-5,190.9Mchart€-2,840.4M2024Trade balance [+]
Trade balance [+]2024$-5,618.5Mchart$-3,074.5M2024Trade balance [+]
Trade balance % GDP [+]2024-20.66%chart-7.06%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20247.0%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201553ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202296chart292023Density [+]
Global Peace Ranking [+]202442ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.10‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,381.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20201.72%chart12.65%2020% Immigrant [+]
% Emigrant [+]202044.19%chart20.07%2020% Emigrant [+]
Birth Rate [+]202310.24‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017198.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20238.33‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.35chart1.362023Fertility Rate [+]
Crude marriage rate [+]20236.32‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202122.0%chart21.6%2024% risk of poverty [+]
Population [+]20222,761,785chart1,871,8822023Population [+]
Immigrant stock [+]202048,810chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,250,451chart380,0102020Emigrant stock [+]
HDI [+]20220.789chart0.8792022HDI [+]
Gender Gap Ranking [+]202423ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202379.60chart75.602023Life expectancy [+]
Suicides [+]201096chart2262022Suicides [+]
Suicide rate [+]20103.30chart12.292022Suicide rate [+]
Number of homicides [+]202339chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.39chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.56chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]202413
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]20237,490chart6,8222023Consumption GWh [+]
Generation GWh [+]20239,006chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20243,605chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024335,047chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]09/10/20231,279,333chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,305.32chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]09/10/20233,088,966chart2,895,71607/11/2022Doses administered [+]
Albania
Latvia