Country comparison Azerbaijan vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€68,680Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$74,316Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€6,746chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$7,300chart$23,2432024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202414,320chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]202415,495chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202420.85%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,407chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$1,522chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]20242,221chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]20242,403chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20243.23%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202423,244.5chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202425,151.8chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,171.6chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20222,401.2chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20222.90%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022900.7chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022949.9chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20224.61%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20233,081.8chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20233,333.2chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202314.71%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.84%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,283chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,471chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€216chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$227chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€87chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$92chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€304chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$329chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]07/05/2024Ba1A301/26/2024Moody's Rating [+]
S&P Rating [+]01/22/2021BB+A05/31/2024S&P Rating [+]
Fitch Rating [+]04/10/2020BB+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202323chart602023Corruption Index [+]
Competitiveness Ranking [+]201958ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202472.8chart41.42024Fragile States Index [+]
RTI Raking [+]202450ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202495ºchart42º2024Innovation Ranking [+]
Labour
6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2016Q45.0%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2016Q4253Kchart64K2024Q4Unemployed [+]
NMW [+]2024$202.9chart$768.82025NMW [+]
NMW [+]2024€183.8chart€740.02025NMW [+]
$20,0672023Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201654ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Manat [+]11/16/20241.7918
US Dollar exchange rate [+]11/16/20241.7000chart0.900405/12/2025US Dollar exchange rate [+]
0.05%05/13/2025Stock ExchangeYTD % [+]
Prices
3.9%April 2025CPI (overall index) [+]
4.1%April 2025HICP [+]
1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]05/02/20247.25%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202028ºchart19º2020Doing Business [+]
-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20196,046chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.67chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015134.14chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202219.6%chart33.0%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,508,000chart478,0002021Annual arrivals [+]
Exports [+]2023€31,349.9Mchart€19,068.9M2024Exports [+]
Exports [+]2023$33,898.6Mchart$20,639.8M2024Exports [+]
Exports % GDP [+]202346.82%chart47.43%2024Exports % GDP [+]
Imports [+]2023€15,985.7Mchart€21,932.2M2024Imports [+]
Imports [+]2023$17,285.3Mchart$23,739.0M2024Imports [+]
Imports % GDP [+]202323.87%chart54.55%2024Imports % GDP [+]
Trade balance [+]2023€15,364.2Mchart€-2,863.2M2024Trade balance [+]
Trade balance [+]2023$16,613.3Mchart$-3,099.2M2024Trade balance [+]
Trade balance % GDP [+]202322.94%chart-7.12%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2023118chart292023Density [+]
Global Peace Ranking [+]2024106ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20221.60‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,050.3chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20202.49%chart12.65%2020% Immigrant [+]
% Emigrant [+]202011.50%chart20.07%2020% Emigrant [+]
Birth Rate [+]202311.10‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017285.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20235.90‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart1.362023Fertility Rate [+]
Crude marriage rate [+]20226.10‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]20126.0%chart21.6%2024% risk of poverty [+]
Population [+]202310,180,770chart1,871,8822023Population [+]
Immigrant stock [+]2020252,228chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,163,922chart380,0102020Emigrant stock [+]
HDI [+]20220.760chart0.8792022HDI [+]
Gender Gap Ranking [+]2024103ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202374.43chart75.602023Life expectancy [+]
Suicides [+]2015319chart2262022Suicides [+]
Suicide rate [+]20153.28chart12.292022Suicide rate [+]
Number of homicides [+]2022245chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20222.38chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.14chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2024591
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202323,857chart6,8222023Consumption GWh [+]
Generation GWh [+]202329,088chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202410,353chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024835,757chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]08/28/20224,862,494chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,016.92chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]08/28/202213,857,111chart2,895,71607/11/2022Doses administered [+]
Azerbaijan
Latvia