Country comparison Belgium vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2023Q412,589Kchart5,407K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€584,699Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2023$632,235Mchart$43,628M2023Annual GDP [+]
GDP per capita [+]2023€49,720chart€21,4402023GDP per capita [+]
GDP per capita [+]2023$53,840chart$23,1692023GDP per capita [+]
Quarterly GDP [+]2023Q4€147,825Mchart€10,425M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]2023614,933chart17,5812023Debt (M.€.) [+]
Debt ($M) [+]2023664,927chart19,0112023Debt ($M) [+]
Debt (%GDP) [+]2023105.20%chart43.60%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€52,367chart€9,3372023Debt Per Capita [+]
Debt Per Capita [+]2023$56,624chart$10,0962023Debt Per Capita [+]
Deficit (M.€) [+]2023-25,965chart-8932023Deficit (M.€) [+]
Deficit ($M) [+]2023-28,076chart-9662023Deficit ($M) [+]
Deficit (%GDP) [+]2023-4.40%chart-2.20%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2023319,140.5chart16,525.32023Expenditure (M.€) [+]
Expenditure ($M) [+]2023345,086.6chart17,868.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]201829,357.5chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201834,688.7chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201812.22%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202246,064,855,000.0chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202248,506,292,315.0chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.31%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20226,538.3chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20226,831.4chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20222.23%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202354.60%chart41.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€27,178chart€8,7762023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$29,387chart$9,4902023Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,569chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$3,043chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,965chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,175chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€560chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$588chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]04/28/2023Aa3A301/26/2024Moody's Rating [+]
S&P Rating [+]11/25/2011AAA+12/06/2022S&P Rating [+]
Fitch Rating [+]04/03/2020AA-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202273chart592022Corruption Index [+]
Competitiveness Ranking [+]201922ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201829.7chart44.92018Fragile States Index [+]
RTI Raking [+]2022120ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201825ºchart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20245.5%chart6.8%March 2024Unemployment Rate [+]
Unemployment rate [+]2023Q45.5%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2023Q4295Kchart64K2023Q4Unemployed [+]
NMW [+]2024$2,203.6chart$773.52024NMW [+]
NMW [+]2024€1,994.2chart€700.02024NMW [+]
Average Wage [+]2022$58,264chart$17,6462022Average Wage [+]
Average Wage [+]2023€59,285chart€18,5592023Average Wage [+]
Human Capital Ranking [+]201715ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]05/24/20240.9225chart0.922505/24/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]05/24/20243.11%
Risk Premium [+]05/24/202453
Stock ExchangeYTD % [+]05/24/20247.12%chart4.79%05/24/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20243.4%chart1.1%April 2024CPI (overall index) [+]
HICP [+]April 20244.9%chart1.1%April 2024HICP [+]
PPI Year on Year [+]March 2024-13.4%chart-9.2%April 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202046ºchart19º2020Doing Business [+]
IPI Year on Year [+]March 2024-3.2%chart0.7%March 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022366,333chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202244.8%chart30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20199,343,324chart1,934,8002019Annual arrivals [+]
Exports [+]2023€522,482.2Mchart€20,969.7M2023Exports [+]
Exports [+]2023$562,439.0Mchart$22,446.0M2023Exports [+]
Exports % GDP [+]202389.36%chart51.90%2023Exports % GDP [+]
Imports [+]2023€506,969.1Mchart€25,266.8M2023Imports [+]
Imports [+]2023$546,764.8Mchart$27,114.4M2023Imports [+]
Imports % GDP [+]202386.71%chart62.36%2023Imports % GDP [+]
Trade balance [+]2023€15,513.1Mchart€-4,297.1M2023Trade balance [+]
Trade balance [+]2023$15,674.2Mchart$-4,668.4M2023Trade balance [+]
Trade balance % GDP [+]20232.65%chart-10.46%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-6.2%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2022385chart292022Density [+]
Global Peace Ranking [+]202320ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20221.70‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart12.65%2020% Immigrant [+]
% Emigrant [+]20205.00%chart20.07%2020% Emigrant [+]
Birth Rate [+]20229.80‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202210.00‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20221.53chart1.472022Fertility Rate [+]
Crude marriage rate [+]20224.20‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202312.3%chart22.5%2023% risk of poverty [+]
Population [+]202211,742,796chart1,883,0082022Population [+]
Immigrant stock [+]20202,005,479chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020577,463chart380,0102020Emigrant stock [+]
HDI [+]20210.937chart0.8632021HDI [+]
Gender Gap Ranking [+]202310ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202382.50chart75.902023Life expectancy [+]
Suicides [+]20211,674chart2542021Suicides [+]
Suicide rate [+]202114.28chart13.642021Suicide rate [+]
Number of homicides [+]2021125chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20227.72chart3.612022CO2 Tons per capita [+]
Consumption GWh [+]202279,972chart5,9822022Consumption GWh [+]
Generation GWh [+]202290,893chart4,0452022Generation GWh [+]
Others
COVID-19 - Deaths [+]05/12/202434,339chart7,47505/12/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]05/12/20244,861,861chart977,76505/12/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]05/12/20242,924.26chart3,969.7105/12/2024COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,387chart2,895,71607/11/2022Doses administered [+]