Country comparison Canada vs Latvia

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Gouvernement
GDP Growth (%) [+]20242.0%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q312,261Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€2,073,496Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$2,270,076Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€50,396chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$54,531chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€505,905Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20242,307,846chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20242,497,217chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024111.30%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€55,931chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$60,521chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-41,760chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-45,187chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.01%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024927,170.9chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20241,003,249.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202391,139.7chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202399,629.5chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202311.22%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2024164,385,972,701.1chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2024177,921.1chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202417.76%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202427,225.7chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202429,806.9chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20243.08%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202444.72%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€22,470chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$24,314chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€2,280chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$2,466chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€3,981chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,477chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€662chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$716chart$7572024Defence 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 [+]January 20266.5%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q16.9%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q11,547Kchart66K2025Q3Unemployed [+]
NMW [+]2025$1,994.5chart$916.52026NMW [+]
NMW [+]2025€1,921.4chart€780.02026NMW [+]
Average Wage [+]2015$39,792chart$21,8382024Average Wage [+]
Average Wage [+]2024€56,082chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201714ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Canadian dollars [+]02/06/20261.6118
US Dollar exchange rate [+]02/05/20261.3676chart0.847902/06/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/07/20263.41%
Risk Premium [+]02/06/202656
Stock ExchangeYTD % [+]02/06/20260.42%chart-4.00%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20252.4%chart3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
PPI Year on Year [+]December 20254.9%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]10/29/20252.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202023ºchart19º2020Doing Business [+]
1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024247,205chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202446.50chart11.20December 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%chart35.4%2024Tax 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€19,073.9M2024Exports [+]
Exports [+]2023$568,938.9Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202326.18%chart47.26%2024Exports % GDP [+]
Imports [+]2023€527,590.9Mchart€21,917.7M2024Imports [+]
Imports [+]2023$570,484.1Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202326.26%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-1,429.0Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-1,161.8Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-0.07%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20227.3%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20155ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20254chart292024Density [+]
Global Peace Ranking [+]202411ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,340.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202021.17%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.40%chart20.07%2020% Emigrant [+]
Birth Rate [+]20238.80‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201724,559.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20238.10‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.26chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]202541,651,653chart1,860,5652024Population [+]
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 [+]202381.65chart76.702024Life expectancy [+]
Suicides [+]20223,589chart2672023Suicides [+]
Suicide rate [+]20229.20chart14.202023Suicide rate [+]
Number of homicides [+]2023778chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.98chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202314.91chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20244,776
Crude Oil Reserves [+]2021170,300.0
Consumption GWh [+]2023549,836chart6,6642023Consumption GWh [+]
Generation GWh [+]2023609,327chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/202655,282chart7,68201/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/20264,819,055chart977,79001/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]02/02/202331,762,130chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20261,327.25chart4,136.9301/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]07/24/2024102,877,160chart2,979,62412/23/2023Doses administered [+]
Canada
Latvia