Unemployment

3.7%

-0.2

CPI

3.2%

-0.6

CPI

4.3%

0.1

CPI

4.8%

-0.2

CPI

0.8%

-1.0

CPI

3.4%

-0.6

CPI

3.2%

-0.3

Unemployment

2.7%

-0.1

  1. Countries data: Demographic and economy

Country comparison Australia vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2023Q215,162Kchart5,400K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2022€1,614,888Mchart€38,870M2022Annual GDP [+]
Annual GDP [+]2022$1,701,893Mchart$42,225M2022Annual GDP [+]
GDP per capita [+]2022€62,673chart€20,6102022GDP per capita [+]
GDP per capita [+]2022$66,049chart$22,4242022GDP per capita [+]
Quarterly GDP [+]2023Q2€390,688Mchart€10,102M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]2021800,927chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]2021947,919chart17,5692022Debt ($M) [+]
Debt (%GDP) [+]202157.58%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2021€31,083chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2021$36,788chart$9,3302022Debt Per Capita [+]
Deficit (M.€) [+]2021-87,100chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]2021-103,086chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]2021-6.26%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2021586,888.5chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]2021694,598.4chart16,572.42022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201861,448.5chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201872,600.8chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201813.48%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022118,671,487,439.8chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]201788,877.7chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201717.80%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202230,663.9chart796.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202232,316.0chart865.62022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.02%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202142.19%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2021€22,777chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2021$26,957chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,443chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$2,887chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€4,568chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$3,674chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,190chart€4222022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,254chart$4602022Defence Expenditure P.C. [+]
Moody's Rating [+]06/28/2022AaaA304/29/2022Moody's Rating [+]
S&P Rating [+]06/06/2021AAAA+12/06/2022S&P Rating [+]
Fitch Rating [+]05/21/2020AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202275chart592022Corruption Index [+]
Competitiveness Ranking [+]201916ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.8chart44.92018Fragile States Index [+]
RTI Raking [+]202269ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201820ºchart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20233.7%chart6.5%October 2023Unemployment Rate [+]
Unemployment rate [+]2023Q33.6%chart6.4%2023Q2Unemployment rate [+]
Unemployed [+]2023Q3523Kchart61K2023Q2Unemployed [+]
NMW [+]2022$2,442.0chart$661.32023NMW [+]
NMW [+]2022€2,199.5chart€620.02023NMW [+]
Average Wage [+]2017$63,864chart$17,6462022Average Wage [+]
Average Wage [+]2022€62,428chart€16,7582022Average Wage [+]
Human Capital Ranking [+]201720ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Australian dollars [+]12/08/20231.6327
US Dollar exchange rate [+]12/08/20231.5110chart0.927912/08/2023US Dollar exchange rate [+]
10-Year Bond Yield [+]12/08/20234.36%
Risk Premium [+]12/08/2023210
Stock ExchangeYTD % [+]12/30/20230%chart-0.10%12/30/2023Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]September 20235.4%chart1.0%November 2023CPI (overall index) [+]
1.1%November 2023HICP [+]
PPI Year on Year [+]September 20233.8%chart-14.3%October 2023PPI Year on Year [+]
Money Market
Key rates [+]11/08/20234.35%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202014ºchart19º2020Doing Business [+]
0.5%October 2023IPI Year on Year [+]
Passengers vehicles Year [+]December 2021753,256chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202140.74chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]201798,632
Vehicles / 1,000 people [+]2020738.11chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202028.5%chart30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200610.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202247.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20199,465,900chart1,934,8002019Annual arrivals [+]
Exports [+]2021€290,516.5Mchart€22,954.8M2022Exports [+]
Exports [+]2021$343,593.8Mchart$24,171.4M2022Exports [+]
Exports % GDP [+]202120.88%chart59.06%2022Exports % GDP [+]
Imports [+]2021€220,904.0Mchart€28,121.4M2022Imports [+]
Imports [+]2021$261,263.1Mchart$29,611.8M2022Imports [+]
Imports % GDP [+]202115.88%chart72.35%2022Imports % GDP [+]
Trade balance [+]2021€69,612.5Mchart€-5,166.6M2022Trade balance [+]
Trade balance [+]2021$82,330.7Mchart$-5,440.4M2022Trade balance [+]
Trade balance % GDP [+]20215.00%chart-13.29%2022Trade balance % GDP [+]
Retail Sales YoY [+]October 20231.2%chart-2.6%October 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201517ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20213chart292022Density [+]
Global Peace Ranking [+]202322ºchart27º2023Global Peace Ranking [+]
2.50‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,940.5chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202029.98%chart12.65%2020% Immigrant [+]
% Emigrant [+]20202.34%chart20.07%2020% Emigrant [+]
Birth Rate [+]202112.10‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]201716,887.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20216.70‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20211.70chart1.572021Fertility Rate [+]
6.00‰2021Crude marriage rate [+]
22.5%2022% risk of poverty [+]
Population [+]202125,767,000chart1,883,0082022Population [+]
Immigrant stock [+]20207,685,860chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020598,765chart380,0102020Emigrant stock [+]
HDI [+]20210.951chart0.8632021HDI [+]
Gender Gap Ranking [+]202326ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202183.30chart74.802022Life expectancy [+]
Suicides [+]20213,144chart2542021Suicides [+]
Suicide rate [+]202112.20chart13.402021Suicide rate [+]
Number of homicides [+]2021193chart572021Number of homicides [+]
Rate Homicides per 100.000 [+]20210.74chart3.042021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202114.31chart3.852021CO2 Tons per capita [+]
Annual crude oil production [+]2022311
Crude Oil Reserves [+]20212,446.0
Consumption GWh [+]2021237,486chart6,9172021Consumption GWh [+]
Generation GWh [+]2021246,786chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]12/06/202323,766chart7,41212/06/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/06/202311,678,853chart976,79812/06/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]03/24/202321,648,824chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/06/2023922.34chart3,936.2612/06/2023COVID-19 - Deaths per million population [+]
Doses administered [+]03/24/202365,492,360chart2,895,71607/11/2022Doses administered [+]
Australia
Latvia