Country comparison Cyprus vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.9%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q39,253Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€33,568Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$36,322Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€35,730chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$38,802chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€9,095Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202421,823chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202423,640chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202462.80%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€22,201chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$24,050chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]20241,439chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]20241,555chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20244.10%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202413,311.1chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202414,521.0chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,404.0chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,467.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.48%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20231,955,336,000.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,113.0chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.86%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024553.0chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024598.4chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.21%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202438.30%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€13,542chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$14,773chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,495chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,621chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€2,042chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$2,226chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€589chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$639chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]11/22/2024A3A301/26/2024Moody's Rating [+]
S&P Rating [+]11/14/2025A-A05/31/2024S&P Rating [+]
Fitch Rating [+]03/10/2023BBBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202353chart602023Corruption Index [+]
Competitiveness Ranking [+]201944ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202454.1chart41.42024Fragile States Index [+]
RTI Raking [+]202474ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202427ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20254.3%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q34.1%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q322Kchart66K2025Q3Unemployed [+]
NMW [+]2026$1,278.4chart$916.52026NMW [+]
NMW [+]2026€1,088.0chart€780.02026NMW [+]
Average Wage [+]2024$31,063chart$21,8382024Average Wage [+]
Average Wage [+]2024€28,698chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201738ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]02/13/20260.8430chart0.843002/13/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/13/20266.90%chart-2.07%02/13/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
HICP [+]December 20250.1%chart3.4%December 2025HICP [+]
PPI Year on Year [+]December 20250.2%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202054ºchart19º2020Doing Business [+]
IPI Year on Year [+]December 20253.6%chart1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202428,587chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.48chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021766.71chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202437.4%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/13/201419.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202035.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20211,937,000chart478,0002021Annual arrivals [+]
Exports [+]2025€5,471.1Mchart€19,604.9M2025Exports [+]
Exports [+]2025$6,182.2Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202415.25%chart47.26%2024Exports % GDP [+]
Imports [+]2025€13,520.0Mchart€23,255.2M2025Imports [+]
Imports [+]2025$15,277.3Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202437.27%chart54.31%2024Imports % GDP [+]
Trade balance [+]2025€-8,048.9Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2025$-9,095.1Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2024-22.02%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20258.3%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201530ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2024106chart292024Density [+]
Global Peace Ranking [+]202470ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20192.60‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017334.8chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202020.82%chart12.65%2020% Immigrant [+]
% Emigrant [+]202018.94%chart20.07%2020% Emigrant [+]
Birth Rate [+]202410.20‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017437.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20246.90‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20241.38chart1.362023Fertility Rate [+]
Crude marriage rate [+]20198.90‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202414.6%chart22.0%2025% risk of poverty [+]
Population [+]2024982,966chart1,860,5652024Population [+]
Immigrant stock [+]2020190,366chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020173,210chart380,0102020Emigrant stock [+]
HDI [+]20220.907chart0.8792022HDI [+]
Gender Gap Ranking [+]202484ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202483.20chart76.702024Life expectancy [+]
Suicides [+]202338chart2672023Suicides [+]
Suicide rate [+]20233.93chart14.202023Suicide rate [+]
Number of homicides [+]202413chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.82chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.83chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]20235,167chart6,6642023Consumption GWh [+]
Generation GWh [+]20235,313chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20261,364chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026718,345chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023656,138chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,387.64chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20231,891,597chart2,979,62412/23/2023Doses administered [+]
Cyprus
Latvia