Country comparison Canada vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q413,096Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€2,071,295Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$2,241,253Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€50,342chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$54,473chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2024Q4€525,112Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20242,294,356chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]20242,482,618chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]2024110.77%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€57,219chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$61,914chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-44,525chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-48,178chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.15%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024926,016.9chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]20241,002,000.3chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202286,038.2chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202290,673.6chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202211.05%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023156,617,867,762.9chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023169,332.7chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202318.64%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202325,981.7chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202328,101.3chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.12%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202444.71%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€23,094chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$24,989chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€2,214chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$2,333chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€3,972chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$4,309chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€650chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$703chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]05/02/2024AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]07/29/2002AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]06/24/2020AA+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202376chart602023Corruption Index [+]
Competitiveness Ranking [+]201914ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.6chart41.42024Fragile States Index [+]
RTI Raking [+]202453ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202414ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%chart6.9%February 2025Unemployment Rate [+]
Unemployment rate [+]2025Q16.9%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2025Q11,547Kchart64K2024Q4Unemployed [+]
NMW [+]2024$2,184.5chart$768.82025NMW [+]
NMW [+]2024€1,969.7chart€740.02025NMW [+]
Average Wage [+]2015$39,792chart$20,0672023Average Wage [+]
Average Wage [+]2023€55,524chart€18,5592023Average Wage [+]
Human Capital Ranking [+]201714ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Canadian dollars [+]04/22/20251.5891
US Dollar exchange rate [+]04/18/20251.3846chart0.871404/22/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]04/23/20253.19%
Risk Premium [+]04/23/202571
Stock ExchangeYTD % [+]04/22/2025-1.39%chart-0.55%04/23/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20252.3%chart3.4%March 2025CPI (overall index) [+]
3.5%March 2025HICP [+]
PPI Year on Year [+]March 20254.7%chart0.5%February 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.75%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202023ºchart19º2020Doing Business [+]
3.1%February 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024247,205chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202447.85chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20231,553,026
Vehicles / 1,000 people [+]2020704.42chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202334.8%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20085.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202253.5%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202212,824,000chart478,0002021Annual arrivals [+]
Exports [+]2023€526,161.9Mchart€18,992.7M2024Exports [+]
Exports [+]2023$568,938.9Mchart$20,557.3M2024Exports [+]
Exports % GDP [+]202326.18%chart47.24%2024Exports % GDP [+]
Imports [+]2023€527,590.9Mchart€21,910.3M2024Imports [+]
Imports [+]2023$570,484.1Mchart$23,715.3M2024Imports [+]
Imports % GDP [+]202326.26%chart54.49%2024Imports % GDP [+]
Trade balance [+]2023€-1,429.0Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2023$-1,161.8Mchart$-3,158.0M2024Trade balance [+]
Trade balance % GDP [+]2023-0.07%chart-7.26%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20227.3%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20155ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20233chart292023Density [+]
Global Peace Ranking [+]202411ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,340.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202021.17%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.40%chart20.07%2020% Emigrant [+]
Birth Rate [+]20229.00‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201724,559.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20228.60‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20221.33chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]202340,097,761chart1,871,8822023Population [+]
Immigrant stock [+]20208,049,323chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,292,329chart380,0102020Emigrant stock [+]
HDI [+]20220.935chart0.8792022HDI [+]
Gender Gap Ranking [+]202436ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202281.30chart75.602023Life expectancy [+]
Suicides [+]20223,589chart2262022Suicides [+]
Suicide rate [+]20229.20chart12.292022Suicide rate [+]
Number of homicides [+]2022874chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20222.25chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202314.91chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20244,770
Crude Oil Reserves [+]2021170,300.0
Consumption GWh [+]2023555,683chart6,8222023Consumption GWh [+]
Generation GWh [+]2023615,141chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202455,282chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20244,819,055chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]02/02/202331,762,130chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,378.68chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/24/2024102,877,159chart2,895,71607/11/2022Doses administered [+]
Canada
Latvia