Country comparison Georgia vs Latvia

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Gouvernement
GDP Growth (%) [+]20249.7%chart2.1%2025GDP Growth (%) [+]
5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€31,214Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$34,192Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€8,449chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$9,142chart$26,1312025GDP per capita [+]
€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202411,266chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202412,191chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202436.10%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,041chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$3,291chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-716chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-775chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.30%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20249,444.4chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202410,219.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20241,242.3chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20241,360.9chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202412.21%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023657.3chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023710.7chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20237.78%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024581.8chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024637.3chart1,433.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.07%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202430.26%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,549chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,759chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€336chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$364chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€173chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$187chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€157chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$170chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]03/24/2025Ba2A301/26/2024Moody's Rating [+]
S&P Rating [+]02/25/2022BBA05/31/2024S&P Rating [+]
Fitch Rating [+]04/24/2020BBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202353chart602023Corruption Index [+]
Competitiveness Ranking [+]201974ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202469.3chart41.42024Fragile States Index [+]
RTI Raking [+]202454ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202457ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2022Q415.7%chart6.7%2025Q4Unemployment rate [+]
Unemployed [+]2022Q4243Kchart64K2025Q4Unemployed [+]
NMW [+]2024$7.4chart$916.52026NMW [+]
NMW [+]2024€6.7chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
Euro / Lari [+]03/16/20263.1261
US Dollar exchange rate [+]03/16/20262.7290chart0.871403/13/2026US Dollar exchange rate [+]
-2.30%03/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 202210.4%chart2.3%February 2026CPI (overall index) [+]
PPI Year on Year [+]December 20256.1%chart1.2%January 2026PPI Year on Year [+]
Money Market
Key rates [+]05/22/20248.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20207ºchart19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 20192,804chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.91chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015280.59chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202324.4%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201218.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202020.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20223,653,000chart478,0002021Annual arrivals [+]
Exports [+]2023€5,632.7Mchart€19,604.9M2025Exports [+]
Exports [+]2023$6,090.6Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202319.79%chart45.57%2025Exports % GDP [+]
Imports [+]2023€14,347.5Mchart€23,255.2M2025Imports [+]
Imports [+]2023$15,514.0Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202350.42%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€-8,714.9Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-9,423.4Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-30.63%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201529ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202453chart292024Density [+]
Global Peace Ranking [+]2024100ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20243.70‰chart2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]20171,794.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20202.13%chart12.65%2020% Immigrant [+]
% Emigrant [+]202023.09%chart20.07%2020% Emigrant [+]
Birth Rate [+]202410.70‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017160.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202411.90‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20241.69chart1.242024Fertility Rate [+]
Crude marriage rate [+]20245.90‰chart5.50‰2024Crude marriage rate [+]
% risk of poverty [+]20249.4%chart22.0%2025% risk of poverty [+]
Population [+]20243,704,506chart1,860,5652024Population [+]
Immigrant stock [+]202079,368chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020861,077chart380,0102020Emigrant stock [+]
HDI [+]20220.814chart0.8792022HDI [+]
Gender Gap Ranking [+]202469ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202474.90chart76.402024Life expectancy [+]
Suicides [+]2023207chart2672023Suicides [+]
Suicide rate [+]20235.63chart14.382023Suicide rate [+]
Number of homicides [+]201977chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20192.03chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.33chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20240
Crude Oil Reserves [+]202135.0
Consumption GWh [+]202413,003chart6,6232024Consumption GWh [+]
Generation GWh [+]202413,934chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202617,151chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20261,864,337chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]10/13/20221,276,173chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20264,629.77chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]10/13/20222,930,677chart2,979,62412/23/2023Doses administered [+]
Georgia
Latvia