Country comparison Belarus vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.0%chart0%2024GDP Growth (%) [+]
5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€70,429Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$76,208Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€7,712chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$8,345chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202428,093chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202430,398chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202439.89%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,076chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$3,328chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024738chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024798chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20241.05%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,794.6chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202431,157.3chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20233,286.6chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20233,558.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202413.18%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,141.5chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20233,396.9chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202311.73%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,460.4chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,580.3chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202450.66%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202440.89%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,153chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,412chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€358chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$387chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€345chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$373chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€160chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$173chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]06/02/2023CA301/26/2024Moody's Rating [+]
S&P Rating [+]09/08/2023NRA05/31/2024S&P Rating [+]
Fitch Rating [+]07/18/2022RDA-04/10/2020Fitch Rating [+]
Corruption Index [+]202337chart602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
Fragile States Index [+]202468.7chart41.42024Fragile States Index [+]
RTI Raking [+]2024138ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202485ºchart42º2024Innovation Ranking [+]
Labour
7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2014Q40.5%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2015Q443Kchart66K2025Q3Unemployed [+]
NMW [+]2024$217.0chart$916.52026NMW [+]
NMW [+]2024€196.3chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
Euro / Belarusian rubles [+]05/09/20233.1887
US Dollar exchange rate [+]05/09/20232.8853chart0.847902/06/2026US Dollar exchange rate [+]
-4.00%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20245.2%chart3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/21/20239.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202049ºchart19º2020Doing Business [+]
1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201956,592chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20196.73chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2020397.01chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201020.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202013.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,492,000chart478,0002021Annual arrivals [+]
Exports [+]2023€37,148.1Mchart€19,073.9M2024Exports [+]
Exports [+]2023$40,168.2Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202355.97%chart47.26%2024Exports % GDP [+]
Imports [+]2023€40,004.0Mchart€21,917.7M2024Imports [+]
Imports [+]2023$43,256.3Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202360.27%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-2,855.9Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-3,088.1Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-4.30%chart-7.05%2024Trade balance % GDP [+]
1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201564ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202444chart292024Density [+]
Global Peace Ranking [+]2024112ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20183.50‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,200.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202011.38%chart12.65%2020% Immigrant [+]
% Emigrant [+]202015.82%chart20.07%2020% Emigrant [+]
Birth Rate [+]20237.14‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017982.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202313.34‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.21chart1.362023Fertility Rate [+]
Crude marriage rate [+]20186.40‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]20223.9%chart22.0%2025% risk of poverty [+]
Population [+]20249,133,000chart1,860,5652024Population [+]
Immigrant stock [+]20201,067,090chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,483,626chart380,0102020Emigrant stock [+]
HDI [+]20220.801chart0.8792022HDI [+]
Gender Gap Ranking [+]202455ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202374.18chart76.702024Life expectancy [+]
Suicides [+]20152,162chart2672023Suicides [+]
Suicide rate [+]201522.76chart14.202023Suicide rate [+]
Number of homicides [+]2019225chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20192.38chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.79chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]202428
Crude Oil Reserves [+]2021198.0
Consumption GWh [+]202339,883chart6,6642023Consumption GWh [+]
Generation GWh [+]202343,585chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/20267,118chart7,68201/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/2026994,073chart977,79001/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/03/20236,414,996chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/2026779.37chart4,136.9301/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202322,765,402chart2,979,62412/23/2023Doses administered [+]
Belarus
Latvia