Country comparison Bahrain vs Latvia

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Gouvernement
GDP Growth (%) [+]20242.6%chart0%2024GDP Growth (%) [+]
5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€43,538Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$47,110Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€27,405chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$29,654chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202352,541chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202356,828chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2023123.02%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€33,317chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2023$36,035chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2023-4,131chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2023-4,468chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2023-9.68%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202312,435.2chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202313,449.6chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023806.2chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023872.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20258.34%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20231,011.6chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20231,093.8chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20238.49%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,260.3chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,363.7chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202410.22%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202329.12%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€7,885chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$8,529chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€511chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$553chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€644chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$697chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€793chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$858chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]05/14/2024B2A301/26/2024Moody's Rating [+]
S&P Rating [+]11/21/2025BA05/31/2024S&P Rating [+]
Fitch Rating [+]08/14/2020B+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202342chart602023Corruption Index [+]
Competitiveness Ranking [+]201945ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202464.2chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]202472ºchart42º2024Innovation Ranking [+]
Labour
7.1%November 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
NMW [+]2024$797.9chart$839.12025NMW [+]
NMW [+]2024€703.2chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201747ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Bahraini dinars [+]01/25/20190.4266
US Dollar exchange rate [+]01/25/20190.3760chart0.860801/16/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/27/20250%chart1.05%01/17/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.5%December 2025HICP [+]
1.4%November 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202043ºchart19º2020Doing Business [+]
6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201926,372chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 201920.35chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015422.24chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20195.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]20200%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20223,712,000chart478,0002021Annual arrivals [+]
Exports [+]2023€22,947.9Mchart€19,073.9M2024Exports [+]
Exports [+]2023$24,813.6Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202353.73%chart47.26%2024Exports % GDP [+]
Imports [+]2023€14,211.5Mchart€21,917.7M2024Imports [+]
Imports [+]2023$15,366.9Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202333.28%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€8,736.4Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$9,868.3Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]202320.46%chart-7.05%2024Trade balance % GDP [+]
2.9%November 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20241,986chart292024Density [+]
Global Peace Ranking [+]202482ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202063.59%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.96%chart20.07%2020% Emigrant [+]
Birth Rate [+]202312.46‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,705.4chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20232.09‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.82chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]20241,589,000chart1,856,9322024Population [+]
Immigrant stock [+]2020936,094chart239,4222020Immigrant stock [+]
Emigrant stock [+]202058,270chart380,0102020Emigrant stock [+]
HDI [+]20220.888chart0.8792022HDI [+]
Gender Gap Ranking [+]2024116ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202381.28chart76.702024Life expectancy [+]
Suicides [+]201590chart2672023Suicides [+]
Suicide rate [+]20156.57chart14.202023Suicide rate [+]
Number of homicides [+]20223chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.20chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202320.70chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2024174
Crude Oil Reserves [+]2021186.5
Consumption GWh [+]202335,090chart6,6642023Consumption GWh [+]
Generation GWh [+]202336,170chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20251,536chart7,67912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025696,614chart977,78812/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/21/20221,226,796chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025966.65chart4,135.3212/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/21/20223,476,633chart2,979,62412/23/2023Doses administered [+]
Bahrain
Latvia