Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

Unemployment

6.7%

-1.0

CPI

1.9%

-0.4

CPI

2.3%

-0.5

CPI

236.7%

-26.7

CPI

2.5%

-0.4

  1. Countries data: Demographic and economy

Country comparison Australia vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2023Q315,280Kchart5,554K2024Q2Qu. GDP Per Capita [+]
Annual GDP [+]2023€1,660,421Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2023$1,796,778Mchart$43,627M2023Annual GDP [+]
GDP per capita [+]2023€64,440chart€21,4402023GDP per capita [+]
GDP per capita [+]2023$69,732chart$23,3072023GDP per capita [+]
Quarterly GDP [+]2023Q3€393,722Mchart€10,397M2024Q2Quarterly GDP [+]
Debt (M.€.) [+]2021806,601chart17,5812023Debt (M.€.) [+]
Debt ($M) [+]2021954,634chart19,0112023Debt ($M) [+]
Debt (%GDP) [+]202158.38%chart43.60%2023Debt (%GDP) [+]
Debt Per Capita [+]2021€31,304chart€9,3922023Debt Per Capita [+]
Debt Per Capita [+]2021$37,049chart$10,1562023Debt Per Capita [+]
Deficit (M.€) [+]2021-89,171chart-8932023Deficit (M.€) [+]
Deficit ($M) [+]2021-105,536chart-9662023Deficit ($M) [+]
Deficit (%GDP) [+]2021-6.45%chart-2.20%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2021584,700.9chart16,525.32023Expenditure (M.€) [+]
Expenditure ($M) [+]2021692,009.3chart17,868.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202284,116.0chart1,874.22021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202292,502.4chart2,216.72021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202213.94%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022120,169,496,274.8chart1,899,066,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2021139,063.0chart1,999,716,498.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202119.32%chart14.19%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202230,675.7chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202233,734.1chart828.62022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.02%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202142.32%chart41.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2021€22,692chart€8,8282023Expenditure Per Capita [+]
Expenditure Per Capita [+]2021$26,856chart$9,5462023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,264chart€9952021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,590chart$1,1552021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€4,626chart€1,0102022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2021$5,365chart$1,0642022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,191chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,309chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]06/28/2022AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]06/06/2021AAAA05/31/2024S&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 [+]July 20244.2%chart6.9%July 2024Unemployment Rate [+]
Unemployment rate [+]2024Q24.0%chart6.9%2024Q2Unemployment rate [+]
Unemployed [+]2024Q2601Kchart66K2024Q2Unemployed [+]
NMW [+]2024$2,661.0chart$759.62024NMW [+]
NMW [+]2024€2,396.3chart€700.02024NMW [+]
Average Wage [+]2017$63,864chart$20,0672023Average Wage [+]
Average Wage [+]2023€59,748chart€18,5592023Average Wage [+]
Human Capital Ranking [+]201720ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Australian dollars [+]09/13/20241.6542
US Dollar exchange rate [+]09/13/20241.4877chart0.902409/13/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]09/13/20243.87%
Risk Premium [+]09/13/2024172
Stock ExchangeYTD % [+]09/13/202415.08%chart-23.82%09/13/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]June 20243.8%chart0.8%August 2024CPI (overall index) [+]
0.9%August 2024HICP [+]
PPI Year on Year [+]June 20244.8%chart-6.7%May 2024PPI Year on Year [+]
Money Market
Key rates [+]11/08/20234.35%chart4.25%06/12/2024Key rates [+]
Business
Doing Business [+]202014ºchart19º2020Doing Business [+]
-7.8%April 2024IPI 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) [+]202129.5%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 [+]2023€342,981.5Mchart€20,954.5M2023Exports [+]
Exports [+]2023$370,865.9Mchart$22,446.0M2023Exports [+]
Exports % GDP [+]202320.66%chart51.93%2023Exports % GDP [+]
Imports [+]2023€266,105.4Mchart€25,323.4M2023Imports [+]
Imports [+]2023$287,739.8Mchart$27,114.4M2023Imports [+]
Imports % GDP [+]202316.03%chart62.76%2023Imports % GDP [+]
Trade balance [+]2023€76,876.1Mchart€-4,368.9M2023Trade balance [+]
Trade balance [+]2023$83,126.1Mchart$-4,668.4M2023Trade balance [+]
Trade balance % GDP [+]20234.63%chart-10.83%2023Trade balance % GDP [+]
Retail Sales YoY [+]July 20242.3%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201517ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20213chart292023Density [+]
Global Peace Ranking [+]202322ºchart27º2023Global Peace Ranking [+]
2.90‰2022Crude 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 [+]202211.60‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201716,887.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20227.30‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20221.63chart1.472022Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202013.4%chart22.5%2023% risk of poverty [+]
Population [+]202125,767,000chart1,871,8822023Population [+]
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 [+]202283.20chart75.902023Life expectancy [+]
Suicides [+]20223,249chart2542021Suicides [+]
Suicide rate [+]202212.50chart13.642021Suicide rate [+]
Number of homicides [+]2022218chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20220.83chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202215.12chart3.612022CO2 Tons per capita [+]
Annual crude oil production [+]2023280
Crude Oil Reserves [+]20212,446.0
Consumption GWh [+]2022250,005chart5,9822022Consumption GWh [+]
Generation GWh [+]2022261,485chart4,0452022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202425,236chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202411,861,161chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]03/24/202321,648,824chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/2024979.39chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/31/202369,686,752chart2,895,71607/11/2022Doses administered [+]
Australia
Latvia