Country comparison Germany vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2023Q412,152Kchart5,377K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€4,121,160Mchart€40,310M2023Annual GDP [+]
Annual GDP [+]2023$4,456,210Mchart$41,167M2022Annual GDP [+]
GDP per capita [+]2023€48,750chart€21,4202023GDP per capita [+]
GDP per capita [+]2023$52,824chart$21,9472022GDP per capita [+]
Quarterly GDP [+]2023Q4€1,053,040Mchart€10,200M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]20222,561,675chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]20222,701,170chart16,8062022Debt ($M) [+]
Debt (%GDP) [+]202266.10%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€30,366chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$32,020chart$8,9252022Debt Per Capita [+]
Deficit (M.€) [+]2022-96,910chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]2022-102,131chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]2022-2.50%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]20221,918,143.0chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]20222,021,483.2chart16,572.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]2018167,457.1chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2018197,849.1chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.23%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022423,311,000,000.0chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022445,746,483,000.0chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201719.88%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202253,889.8chart796.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202256,793.2chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20222.75%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202249.50%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€22,738chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$23,963chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,020chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$2,386chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€5,086chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5,355chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€643chart€4222022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$678chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]02/10/2023AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]08/17/1983AAAA+12/06/2022S&P Rating [+]
Fitch Rating [+]01/17/2020AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202279chart592022Corruption Index [+]
Competitiveness Ranking [+]2019chart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201825.8chart44.92018Fragile States Index [+]
RTI Raking [+]2022126ºchart106º2022RTI Raking [+]
Innovation Ranking [+]2018chart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20243.1%chart6.9%January 2024Unemployment Rate [+]
Unemployment rate [+]2023Q43.1%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2023Q41,356Kchart64K2023Q4Unemployed [+]
NMW [+]2023$2,133.4chart$662.42023NMW [+]
NMW [+]2024€2,054.0chart€700.02024NMW [+]
Average Wage [+]2022$57,958chart$17,6462022Average Wage [+]
Average Wage [+]2022€55,041chart€16,7582022Average Wage [+]
Human Capital Ranking [+]2017chart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/18/20240.9181chart0.918103/18/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]03/19/20242.45%
Stock ExchangeYTD % [+]03/18/20247.09%chart14.56%03/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20242.5%chart0.4%February 2024CPI (overall index) [+]
HICP [+]February 20242.7%chart0.6%February 2024HICP [+]
PPI Year on Year [+]January 2024-4.5%chart-12.3%January 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202022ºchart19º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.4%chart-5.0%January 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 20222,651,357chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202235.13chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20223,677,820
Vehicles / 1,000 people [+]2021633.46chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202241.9%chart30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200719.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202247.5%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]201939,563,217chart1,934,8002019Annual arrivals [+]
Exports [+]2023€1,561,887.7Mchart€20,911.0M2023Exports [+]
Exports [+]2023$1,549,027.0Mchart$20,736.2M2023Exports [+]
Exports % GDP [+]202334.76%chart59.06%2022Exports % GDP [+]
Imports [+]2023€1,352,694.0Mchart€25,127.5M2023Imports [+]
Imports [+]2023$1,357,153.9Mchart$24,834.5M2023Imports [+]
Imports % GDP [+]202330.46%chart72.35%2022Imports % GDP [+]
Trade balance [+]2023€209,193.6Mchart€-4,216.6M2023Trade balance [+]
Trade balance [+]2023$218,323.2Mchart$-4,495.7M2023Trade balance [+]
Trade balance % GDP [+]20234.90%chart-13.29%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-6.5%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]2015chart35º2015Global AgeWatch Ranking [+]
Density [+]2022236chart292022Density [+]
Global Peace Ranking [+]202315ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20211.70‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]201716,833.3chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202018.96%chart12.65%2020% Immigrant [+]
% Emigrant [+]20204.64%chart20.07%2020% Emigrant [+]
Birth Rate [+]20228.80‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]201724,670.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202212.70‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20221.46chart1.472022Fertility Rate [+]
Crude marriage rate [+]20214.30‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202314.3%chart22.5%2023% risk of poverty [+]
Population [+]202284,358,845chart1,883,0082022Population [+]
Immigrant stock [+]202015,762,457chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,855,268chart380,0102020Emigrant stock [+]
HDI [+]20210.942chart0.8632021HDI [+]
Gender Gap Ranking [+]2023chart13º2023Gender Gap Ranking [+]
Life expectancy [+]202280.70chart74.502022Life expectancy [+]
Suicides [+]20219,290chart2542021Suicides [+]
Suicide rate [+]202111.16chart13.402021Suicide rate [+]
Number of homicides [+]2021695chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20210.83chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20218.06chart3.852021CO2 Tons per capita [+]
Annual crude oil production [+]202233
Crude Oil Reserves [+]2021115.2
Consumption GWh [+]2021511,660chart6,9172021Consumption GWh [+]
Generation GWh [+]2021557,144chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/2024174,979chart7,46503/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/202438,437,756chart977,70103/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]04/07/202363,563,414chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20242,074.22chart3,964.4003/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]04/07/2023192,221,468chart2,895,71607/11/2022Doses administered [+]