Country comparison Austria vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q413,233Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€481,940Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$521,642Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€52,490chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$56,915chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q1€122,298Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]2024394,131chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]2024423,300chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202481.80%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€43,033chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$46,218chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-22,485chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-24,469chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.70%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024271,309.3chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2024293,571.2chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202221,390.0chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202222,524.7chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.98%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202340,333,370,000.0chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202343,612,472,981.0chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202216.32%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20233,995.3chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20234,320.0chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20231.63%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202456.30%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€29,623chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$32,054chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€2,363chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$2,512chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€4,430chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$4,790chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€438chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$475chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]02/21/2025Aa1A301/26/2024Moody's Rating [+]
S&P Rating [+]08/23/2024AA+A05/31/2024S&P Rating [+]
Fitch Rating [+]05/15/2020AA+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202371chart602023Corruption Index [+]
Competitiveness Ranking [+]201921ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202423.1chart41.42024Fragile States Index [+]
RTI Raking [+]2024112ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202417ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20255.4%chart6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2024Q45.2%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q4243Kchart64K2024Q4Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
Average Wage [+]2023$61,723chart$20,0672023Average Wage [+]
Average Wage [+]2024€61,699chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201710ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]05/16/20250.8933chart0.893305/16/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]05/16/20252.98%
Risk Premium [+]05/16/202539
Stock ExchangeYTD % [+]05/16/202521.16%chart-0.08%05/16/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20252.9%chart3.9%April 2025CPI (overall index) [+]
HICP [+]April 20253.3%chart4.1%April 2025HICP [+]
PPI Year on Year [+]March 20250.3%chart1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]04/23/20252.40%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202027ºchart19º2020Doing Business [+]
IPI Year on Year [+]March 20250.4%chart-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024490,026chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202226.88chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023114,191
Vehicles / 1,000 people [+]2021636.14chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202343.3%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201620.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202255.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202226,215,000chart478,0002021Annual arrivals [+]
Exports [+]2024€197,652.3Mchart€19,094.0M2024Exports [+]
Exports [+]2024$213,934.9Mchart$20,639.8M2024Exports [+]
Exports % GDP [+]202441.01%chart47.43%2024Exports % GDP [+]
Imports [+]2024€195,908.9Mchart€21,934.5M2024Imports [+]
Imports [+]2024$212,047.9Mchart$23,739.0M2024Imports [+]
Imports % GDP [+]202440.65%chart54.55%2024Imports % GDP [+]
Trade balance [+]2024€1,743.3Mchart€-2,840.4M2024Trade balance [+]
Trade balance [+]2024$1,887.0Mchart$-3,099.2M2024Trade balance [+]
Trade balance % GDP [+]20240.36%chart-7.12%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.2%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201513ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023109chart292023Density [+]
Global Peace Ranking [+]20243ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.60‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20172,933.8chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202019.46%chart12.65%2020% Immigrant [+]
% Emigrant [+]20206.73%chart20.07%2020% Emigrant [+]
Birth Rate [+]20238.50‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]20174,083.3chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.80‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.32chart1.362023Fertility Rate [+]
Crude marriage rate [+]20235.00‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202414.3%chart21.6%2024% risk of poverty [+]
Population [+]20239,158,750chart1,871,8822023Population [+]
Immigrant stock [+]20201,738,183chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020600,740chart380,0102020Emigrant stock [+]
HDI [+]20220.926chart0.8792022HDI [+]
Gender Gap Ranking [+]202449ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202381.90chart75.602023Life expectancy [+]
Suicides [+]20231,345chart2262022Suicides [+]
Suicide rate [+]202314.69chart12.292022Suicide rate [+]
Number of homicides [+]202380chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.88chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20236.65chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20249
Crude Oil Reserves [+]202135.2
Consumption GWh [+]202364,611chart6,8222023Consumption GWh [+]
Generation GWh [+]202367,787chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202422,534chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20246,082,444chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]06/30/20236,683,263chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20242,460.38chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]06/30/202320,468,731chart2,895,71607/11/2022Doses administered [+]
Austria
Latvia