Country comparison Albania vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.0%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q32,898Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€25,001Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$27,037Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€9,194chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$9,948chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€6,849Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202414,024chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202415,175chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202456.03%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€5,934chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$6,421chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-181chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-196chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-0.73%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20247,242.9chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20247,837.2chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023671.8chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023728.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202310.86%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023762.2chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023823.6chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.28%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024509.5chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024551.0chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.61%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202428.94%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,065chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,316chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€246chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$266chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€271chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$293chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€187chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$203chart$7572024Defence 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
7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2023Q410.9%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2023Q4162Kchart66K2025Q3Unemployed [+]
NMW [+]2026$611.6chart$916.52026NMW [+]
NMW [+]2026€517.0chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201785ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Lek [+]02/10/202696.4500
US Dollar exchange rate [+]02/10/202680.9300chart0.841302/09/2026US Dollar exchange rate [+]
-3.27%02/10/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
HICP [+]December 20252.2%chart3.4%December 2025HICP [+]
PPI Year on Year [+]September 20251.3%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]11/08/20252.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202082ºchart19º2020Doing Business [+]
1.0%December 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
35.4%2024Tax 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€19,073.9M2024Exports [+]
Exports [+]2024$4,003.0Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202414.79%chart47.26%2024Exports % GDP [+]
Imports [+]2024€8,889.2Mchart€21,917.7M2024Imports [+]
Imports [+]2024$9,621.5Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202435.56%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€-5,190.9Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$-5,618.5Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2024-20.76%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]September 20256.8%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201553ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202482chart292024Density [+]
Global Peace Ranking [+]202442ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.10‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,381.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20201.72%chart12.65%2020% Immigrant [+]
% Emigrant [+]202044.19%chart20.07%2020% Emigrant [+]
Birth Rate [+]20249.80‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017198.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20249.30‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.35chart1.362023Fertility Rate [+]
Crude marriage rate [+]20237.31‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202319.7%chart22.0%2025% risk of poverty [+]
Population [+]20242,363,314chart1,860,5652024Population [+]
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 [+]202379.60chart76.702024Life expectancy [+]
Suicides [+]201096chart2672023Suicides [+]
Suicide rate [+]20103.30chart14.202023Suicide rate [+]
Number of homicides [+]202449chart472023Number 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 [+]20237,490chart6,6642023Consumption GWh [+]
Generation GWh [+]20239,006chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20263,608chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026337,234chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/10/20231,279,333chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,526.67chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]09/10/20233,088,966chart2,979,62412/23/2023Doses administered [+]
Albania
Latvia