Country comparison Andorra vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.8%chart2.1%2025GDP Growth (%) [+]
5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€3,736Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$4,038Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€42,900chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$46,359chart$26,1312025GDP per capita [+]
€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]20231,242chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20231,343chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202335.47%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€14,594chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2023$15,782chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]202375chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]202381chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20232.15%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20231,256.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20231,358.2chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202366.5chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202371.9chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202512.13%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023190.8chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023206.4chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202315.19%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
1,324.42024Defence Expenditure (M.€) [+]
1,423.22024Defence Expenditure ($M) [+]
7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202335.88%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€14,759chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$15,960chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€781chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$845chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€2,360chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$2,553chart$1,0682024Gov. Health Exp. P.C. [+]
€7102024Defence Expenditure P.C. [+]
$7572024Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
S&P Rating [+]05/10/2024A-A05/31/2024S&P Rating [+]
Fitch Rating [+]07/08/2022A-A-04/10/2020Fitch Rating [+]
602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
41.42024Fragile States Index [+]
RTI Raking [+]202494ºchart107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q31.4%chart6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
NMW [+]2024$1,520.8chart$916.52026NMW [+]
NMW [+]2024€1,376.3chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/11/20260.8635chart0.863503/11/2026US Dollar exchange rate [+]
-2.80%03/11/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]January 20262.6%chart2.3%February 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202427.5%chart35.4%2024Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20223,555,100chart478,0002021Annual arrivals [+]
Exports [+]2023€233.4Mchart€19,604.9M2025Exports [+]
Exports [+]2023$252.4Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]20236.67%chart45.57%2025Exports % GDP [+]
Imports [+]2023€1,844.8Mchart€23,255.2M2025Imports [+]
Imports [+]2023$1,994.8Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202352.70%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€-1,611.4Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-1,742.4Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-46.03%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2025189chart292024Density [+]
30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202058.42%chart12.65%2020% Immigrant [+]
% Emigrant [+]202014.27%chart20.07%2020% Emigrant [+]
Birth Rate [+]20235.50‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017292.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20234.30‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.08chart1.242024Fertility Rate [+]
Crude marriage rate [+]20245.03‰chart5.50‰2024Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]202589,058chart1,860,5652024Population [+]
Immigrant stock [+]202045,574chart239,4222020Immigrant stock [+]
Emigrant stock [+]202011,132chart380,0102020Emigrant stock [+]
HDI [+]20220.884chart0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
Life expectancy [+]202484.10chart76.402024Life expectancy [+]
2672023Suicides [+]
14.202023Suicide rate [+]
Number of homicides [+]20202chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20202.58chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
3.562023CO2 Tons per capita [+]
6,6232024Consumption GWh [+]
5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/2026159chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/202648,015chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/24/202353,501chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20261,785.35chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]09/24/2023157,072chart2,979,62412/23/2023Doses administered [+]
Andorra
Latvia