Country comparison Barbados vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€6,214Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$6,721Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€22,009chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$23,805chart$23,2432024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20246,914chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]20247,481chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]2024102.92%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€24,487chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$26,497chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-88chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-95chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.31%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20241,978.5chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]20242,140.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023318.5chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023236.2chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202313.60%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022157.2chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022165.6chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20228.74%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
892.82023Defence Expenditure (M.€) [+]
965.32023Defence Expenditure ($M) [+]
5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202429.46%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€7,008chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$7,583chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€1,128chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$1,220chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€557chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$586chart$1,1732023Gov. Health Exp. P.C. [+]
€4752023Defence Expenditure P.C. [+]
$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]04/14/2025B2A301/26/2024Moody's Rating [+]
S&P Rating [+]11/05/2024BA05/31/2024S&P Rating [+]
Fitch Rating [+]00/00/0000B+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202369chart602023Corruption Index [+]
Competitiveness Ranking [+]201977ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202444.7chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]202477ºchart42º2024Innovation Ranking [+]
Labour
6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2015Q211.9%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2015Q217Kchart64K2024Q4Unemployed [+]
NMW [+]2024$736.7chart$768.82025NMW [+]
€740.02025NMW [+]
$20,0672023Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201779ºchart28º2017Human Capital Ranking [+]
Markets
0.899905/13/2025US Dollar exchange rate [+]
-0.12%05/15/2025Stock ExchangeYTD % [+]
Prices
3.9%April 2025CPI (overall index) [+]
4.1%April 2025HICP [+]
1.9%March 2025PPI Year on Year [+]
Money Market
2.40%04/23/2025Key rates [+]
Business
Doing Business [+]2020128ºchart19º2020Doing Business [+]
-2.5%March 2025IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015387.32chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201117.50%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202028.5%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022539,700chart478,0002021Annual arrivals [+]
Exports [+]2023€425.9Mchart€19,068.9M2024Exports [+]
Exports [+]2023$460.5Mchart$20,639.8M2024Exports [+]
Exports % GDP [+]20236.85%chart47.43%2024Exports % GDP [+]
Imports [+]2023€1,950.7Mchart€21,932.2M2024Imports [+]
Imports [+]2023$2,109.3Mchart$23,739.0M2024Imports [+]
Imports % GDP [+]202331.39%chart54.55%2024Imports % GDP [+]
Trade balance [+]2023€-1,524.8Mchart€-2,863.2M2024Trade balance [+]
Trade balance [+]2023$-1,606.2Mchart$-3,099.2M2024Trade balance [+]
Trade balance % GDP [+]2023-24.54%chart-7.12%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2023657chart292023Density [+]
Global Peace Ranking [+]2023-1ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017111.7chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202012.11%chart12.65%2020% Immigrant [+]
% Emigrant [+]202034.59%chart20.07%2020% Emigrant [+]
Birth Rate [+]202311.17‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201720.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202310.61‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.71chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]2023282,336chart1,871,8822023Population [+]
Immigrant stock [+]202034,869chart239,4222020Immigrant stock [+]
Emigrant stock [+]202099,611chart380,0102020Emigrant stock [+]
HDI [+]20220.809chart0.8792022HDI [+]
Gender Gap Ranking [+]202431ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202376.18chart75.602023Life expectancy [+]
Suicides [+]20151chart2262022Suicides [+]
Suicide rate [+]20150.42chart12.292022Suicide rate [+]
Number of homicides [+]202243chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]202215.23chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.76chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20241
Crude Oil Reserves [+]20212.0
Consumption GWh [+]20231,025chart6,8222023Consumption GWh [+]
Generation GWh [+]20231,090chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/2024593chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024108,582chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/2023155,047chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20242,100.33chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/2023384,049chart2,895,71607/11/2022Doses administered [+]
Barbados
Latvia