Country comparison Finland vs Latvia

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Gouvernement
GDP Growth (%) [+]20240.4%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q312,520Kchart5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€275,993Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$298,729Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€49,100chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$53,286chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€70,561Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024227,547chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024245,304chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202482.50%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€40,374chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$43,525chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024-12,010chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-13,156chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024159,373.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024172,245.8chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202216,968.9chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202217,868.3chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.12%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202423,898,237,000.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202425,866,973,764.1chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202315.19%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20246,347.3chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20246,870.2chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.05%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202457.70%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,283chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,562chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,053chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,223chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,265chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,616chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,129chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,225chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]12/13/2024Aa1A301/26/2024Moody's Rating [+]
S&P Rating [+]10/10/2014AA+A05/31/2024S&P Rating [+]
Fitch Rating [+]01/24/2020AA+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202387chart602023Corruption Index [+]
Competitiveness Ranking [+]201911ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202414.3chart41.42024Fragile States Index [+]
RTI Raking [+]202431ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20247ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 202510.6%chart7.1%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q39.2%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3265Kchart66K2025Q3Unemployed [+]
$839.12025NMW [+]
€740.02025NMW [+]
Average Wage [+]2024$57,250chart$21,8382024Average Wage [+]
Average Wage [+]2024€52,893chart€20,1762024Average Wage [+]
Human Capital Ranking [+]20172ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/22/20260.8543chart0.854301/22/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]01/23/20263.17%
Risk Premium [+]01/23/202627
Stock ExchangeYTD % [+]01/22/20263.32%chart0.93%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20250.2%chart3.5%December 2025CPI (overall index) [+]
HICP [+]December 20251.7%chart3.4%December 2025HICP [+]
PPI Year on Year [+]November 20251.6%chart1.4%November 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202020ºchart19º2020Doing Business [+]
IPI Year on Year [+]November 20252.0%chart6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024141,531chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202217.37chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]202330,191
Vehicles / 1,000 people [+]2021577.57chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202442.2%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201324.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202259.4%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,127,000chart478,0002021Annual arrivals [+]
Exports [+]2024€72,126.0Mchart€19,073.9M2024Exports [+]
Exports [+]2024$78,067.7Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202426.13%chart47.26%2024Exports % GDP [+]
Imports [+]2024€74,844.0Mchart€21,917.7M2024Imports [+]
Imports [+]2024$81,009.7Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202427.12%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€-2,718.0Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$-2,941.9Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2024-0.98%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.7%chart2.9%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201514ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202417chart292024Density [+]
Global Peace Ranking [+]202413ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.10‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017821.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20206.98%chart12.65%2020% Immigrant [+]
% Emigrant [+]20205.64%chart20.07%2020% Emigrant [+]
Birth Rate [+]20247.80‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017944.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202410.40‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.26chart1.362023Fertility Rate [+]
Crude marriage rate [+]20233.70‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202412.6%chart21.6%2024% risk of poverty [+]
Population [+]20245,635,971chart1,856,9322024Population [+]
Immigrant stock [+]2020386,052chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020311,889chart380,0102020Emigrant stock [+]
HDI [+]20220.942chart0.8792022HDI [+]
Gender Gap Ranking [+]20242ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202482.40chart76.702024Life expectancy [+]
Suicides [+]2023765chart2672023Suicides [+]
Suicide rate [+]202313.65chart14.202023Suicide rate [+]
Number of homicides [+]202355chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.98chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.73chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202377,025chart6,6642023Consumption GWh [+]
Generation GWh [+]202377,986chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202511,466chart7,67912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20251,515,872chart977,78812/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]01/09/20244,347,113chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,034.43chart4,135.3212/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]01/09/202413,327,120chart2,979,62412/23/2023Doses administered [+]
Finland
Latvia