CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

  1. Countries data: Demographic and economy

Country comparison Finland vs Latvia

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Standard VAT Rate Finland vs Latvia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q412,409Kchart5,407K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€277,625Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2023$300,196Mchart$43,628M2023Annual GDP [+]
GDP per capita [+]2023€49,700chart€21,4402023GDP per capita [+]
GDP per capita [+]2023$53,954chart$23,1692023GDP per capita [+]
Quarterly GDP [+]2023Q4€69,043Mchart€10,181M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022196,878chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]2022205,251chart16,8062022Debt ($M) [+]
Debt (%GDP) [+]202273.30%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€35,384chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$36,889chart$8,9252022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,387chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]2022-2,407chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]2022-0.50%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022143,133.0chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]2022150,189.0chart16,572.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201814,650.7chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201817,309.7chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.75%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202221,403,430,000.0chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202222,537,811,790.0chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201713.04%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20224,608.7chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20224,874.5chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.22%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202253.30%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€25,725chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$26,993chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,656chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$3,140chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,858chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,062chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€829chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$879chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]07/29/2022Aa1A301/26/2024Moody's Rating [+]
S&P Rating [+]10/10/2014AA+A+12/06/2022S&P Rating [+]
Fitch Rating [+]01/24/2020AA+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202287chart592022Corruption Index [+]
Competitiveness Ranking [+]201911ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201817.9chart44.92018Fragile States Index [+]
RTI Raking [+]202230ºchart106º2022RTI Raking [+]
Innovation Ranking [+]20187ºchart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20247.7%chart6.9%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.9%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2023Q4193Kchart64K2023Q4Unemployed [+]
$773.52024NMW [+]
€700.02024NMW [+]
Average Wage [+]2022$53,465chart$17,6462022Average Wage [+]
Average Wage [+]2022€50,774chart€16,7582022Average Wage [+]
Human Capital Ranking [+]20172ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]04/15/20240.9384chart0.938404/15/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]04/16/20242.98%
Risk Premium [+]04/16/202447
Stock ExchangeYTD % [+]04/15/2024-2.00%chart14.92%04/16/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20242.2%chart0.9%March 2024CPI (overall index) [+]
HICP [+]March 20240.7%chart1.0%March 2024HICP [+]
PPI Year on Year [+]February 2024-4.5%chart-13.1%February 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202020ºchart19º2020Doing Business [+]
IPI Year on Year [+]February 20241.3%chart-0.2%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202281,674chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202217.37chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]202273,044
Vehicles / 1,000 people [+]2021577.57chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202242.9%chart30.5%2022Tax 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 [+]20193,290,238chart1,934,8002019Annual arrivals [+]
Exports [+]2023€76,290.2Mchart€20,940.4M2023Exports [+]
Exports [+]2023$82,444.2Mchart$22,611.1M2023Exports [+]
Exports % GDP [+]202327.46%chart51.83%2023Exports % GDP [+]
Imports [+]2023€76,641.9Mchart€25,161.3M2023Imports [+]
Imports [+]2023$82,728.1Mchart$27,170.4M2023Imports [+]
Imports % GDP [+]202327.56%chart62.28%2023Imports % GDP [+]
Trade balance [+]2023€-351.7Mchart€-4,220.9M2023Trade balance [+]
Trade balance [+]2023$-284.0Mchart$-4,559.3M2023Trade balance [+]
Trade balance % GDP [+]2023-0.09%chart-10.45%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.3%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201514ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202216chart292022Density [+]
Global Peace Ranking [+]202313ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.00‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017821.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20206.98%chart12.65%2020% Immigrant [+]
% Emigrant [+]20205.64%chart20.07%2020% Emigrant [+]
Birth Rate [+]20228.10‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]2017944.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202211.40‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20221.32chart1.472022Fertility Rate [+]
Crude marriage rate [+]20223.90‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202312.2%chart22.5%2023% risk of poverty [+]
Population [+]20225,563,970chart1,883,0082022Population [+]
Immigrant stock [+]2020386,052chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020311,889chart380,0102020Emigrant stock [+]
HDI [+]20210.940chart0.8632021HDI [+]
Gender Gap Ranking [+]20233ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202281.20chart74.502022Life expectancy [+]
Suicides [+]2021748chart2542021Suicides [+]
Suicide rate [+]202113.43chart13.642021Suicide rate [+]
Number of homicides [+]202267chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20221.21chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20216.97chart3.852021CO2 Tons per capita [+]
Consumption GWh [+]202183,725chart6,9172021Consumption GWh [+]
Generation GWh [+]202169,653chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/202411,466chart7,46503/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20241,499,712chart977,70103/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]01/09/20244,347,113chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20242,060.76chart3,964.4003/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]01/09/202413,327,120chart2,895,71607/11/2022Doses administered [+]
Finland
Latvia