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 Azerbaijan vs Latvia

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Gouvernement
5,400K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2022€74,645Mchart€38,870M2022Annual GDP [+]
Annual GDP [+]2022$78,721Mchart$42,225M2022Annual GDP [+]
GDP per capita [+]2022€7,371chart€20,6102022GDP per capita [+]
GDP per capita [+]2022$7,773chart$22,4242022GDP per capita [+]
€10,102M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202213,714chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]202214,453chart17,5692022Debt ($M) [+]
Debt (%GDP) [+]202220.68%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€1,354chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$1,427chart$9,3302022Debt Per Capita [+]
Deficit (M.€) [+]20224,046chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]20224,264chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]20226.10%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202219,544.0chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202220,596.9chart16,572.42022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20191,153.6chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20191,291.6chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202111.48%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2017368.2chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2017415.8chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20172.81%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20223,393.3chart796.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20223,578.6chart865.62022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202214.92%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202229.46%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€1,930chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$2,034chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2019€116chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2019$129chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2017€37chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$42chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€335chart€4222022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$353chart$4602022Defence Expenditure P.C. [+]
Moody's Rating [+]08/05/2022Ba1A304/29/2022Moody's Rating [+]
S&P Rating [+]01/22/2021BB+A+12/06/2022S&P Rating [+]
Fitch Rating [+]04/10/2020BB+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202223chart592022Corruption Index [+]
Competitiveness Ranking [+]201958ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201874.6chart44.92018Fragile States Index [+]
RTI Raking [+]202220ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201882ºchart34º2018Innovation Ranking [+]
Labour
6.5%October 2023Unemployment Rate [+]
Unemployment rate [+]2016Q45.0%chart6.4%2023Q2Unemployment rate [+]
Unemployed [+]2016Q4253Kchart61K2023Q2Unemployed [+]
NMW [+]2022$176.5chart$661.32023NMW [+]
NMW [+]2022€155.7chart€620.02023NMW [+]
$17,6462022Average Wage [+]
€16,7582022Average Wage [+]
Human Capital Ranking [+]201654ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Manat [+]12/08/20231.8331
US Dollar exchange rate [+]12/08/20231.7000chart0.927912/08/2023US Dollar exchange rate [+]
-0.10%12/30/2023Stock ExchangeYTD % [+]
Prices
1.0%November 2023CPI (overall index) [+]
1.1%November 2023HICP [+]
-14.3%October 2023PPI Year on Year [+]
Money Market
Key rates [+]11/02/20238.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202028ºchart19º2020Doing Business [+]
0.5%October 2023IPI Year on Year [+]
Passengers vehicles Year [+]December 20196,046chart16,739December 2022Passengers 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
30.5%2022Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20192,863,500chart1,934,8002019Annual arrivals [+]
Exports [+]2021€18,345.1Mchart€22,954.8M2022Exports [+]
Exports [+]2021$21,696.7Mchart$24,171.4M2022Exports [+]
Exports % GDP [+]202139.75%chart59.06%2022Exports % GDP [+]
Imports [+]2021€9,771.2Mchart€28,121.4M2022Imports [+]
Imports [+]2021$11,556.4Mchart$29,611.8M2022Imports [+]
Imports % GDP [+]202121.17%chart72.35%2022Imports % GDP [+]
Trade balance [+]2021€8,573.9Mchart€-5,166.6M2022Trade balance [+]
Trade balance [+]2021$10,140.3Mchart$-5,440.4M2022Trade balance [+]
Trade balance % GDP [+]202118.58%chart-13.29%2022Trade balance % GDP [+]
-2.6%October 2023Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2022117chart292022Density [+]
Global Peace Ranking [+]202395ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.40‰chart2.50‰2021Crude 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 [+]202212.10‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]2017285.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20226.00‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20211.52chart1.572021Fertility Rate [+]
Crude marriage rate [+]20203.49‰chart6.00‰2021Crude marriage rate [+]
% risk of poverty [+]20126.0%chart22.5%2022% risk of poverty [+]
Population [+]202210,127,145chart1,883,0082022Population [+]
Immigrant stock [+]2020252,228chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,163,922chart380,0102020Emigrant stock [+]
HDI [+]20210.745chart0.8632021HDI [+]
Gender Gap Ranking [+]202397ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202169.37chart74.802022Life expectancy [+]
Suicides [+]2015319chart2542021Suicides [+]
Suicide rate [+]20153.28chart13.402021Suicide rate [+]
Number of homicides [+]2021197chart572021Number of homicides [+]
Rate Homicides per 100.000 [+]20211.91chart3.042021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.65chart3.852021CO2 Tons per capita [+]
Annual crude oil production [+]2022667
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202124,619chart6,9172021Consumption GWh [+]
Generation GWh [+]202126,300chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]12/06/202310,367chart7,41212/06/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/06/2023834,135chart976,79812/06/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]08/28/20224,862,494chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/06/20231,023.68chart3,936.2612/06/2023COVID-19 - Deaths per million population [+]
Doses administered [+]08/28/202213,857,111chart2,895,71607/11/2022Doses administered [+]
Azerbaijan
Latvia