Country comparison Germany vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q413,036Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€4,305,260Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$4,659,929Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€50,820chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$55,837chart$23,2502024GDP per capita [+]
Quarterly GDP [+]2024Q4€1,087,972Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20232,631,777chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]20232,836,627chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]202362.90%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€31,535chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2023$33,989chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2023-107,522chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2023-116,294chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.60%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20232,024,970.0chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]20232,190,167.9chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]2022179,658.6chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2022189,189.2chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.19%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023417,845,000,000.0chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023451,815,798,500.0chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202220.46%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202363,605.8chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202368,774.9chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.08%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202348.40%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€24,264chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$26,243chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€2,144chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$2,259chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€4,953chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,356chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€753chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$814chart$5262023Defence Expenditure P.C. [+]
Moody's Rating [+]02/10/2023AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]08/17/1983AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]01/17/2020AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202378chart602023Corruption Index [+]
Competitiveness Ranking [+]20197ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202424.0chart41.42024Fragile States Index [+]
RTI Raking [+]2024127ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20249ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20253.5%chart6.9%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q43.3%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q41,476Kchart64K2024Q4Unemployed [+]
NMW [+]2025$2,245.1chart$768.82025NMW [+]
NMW [+]2025€2,161.0chart€740.02025NMW [+]
Average Wage [+]2023$65,816chart$20,0672023Average Wage [+]
Average Wage [+]2023€60,867chart€18,5592023Average Wage [+]
Human Capital Ranking [+]20176ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/20/20250.9231chart0.923103/20/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]03/20/20252.78%
Stock ExchangeYTD % [+]03/20/202515.52%chart1.86%03/20/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20252.3%chart3.7%February 2025CPI (overall index) [+]
HICP [+]February 20252.6%chart3.7%February 2025HICP [+]
PPI Year on Year [+]January 20250.6%chart-4.2%January 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart2.65%03/12/2025Key rates [+]
Business
Doing Business [+]202022ºchart19º2020Doing Business [+]
IPI Year on Year [+]January 2025-1.8%chart0.5%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20245,421,109chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202235.66chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20234,109,371
Vehicles / 1,000 people [+]2021633.46chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202340.1%chart33.2%2023Tax 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 [+]202228,463,000chart478,0002021Annual arrivals [+]
Exports [+]2024€1,555,561.9Mchart€18,992.7M2024Exports [+]
Exports [+]2024$1,683,084.0Mchart$20,472.4M2024Exports [+]
Exports % GDP [+]202436.12%chart47.04%2024Exports % GDP [+]
Imports [+]2024€1,316,930.1Mchart€21,910.3M2024Imports [+]
Imports [+]2024$1,424,717.1Mchart$23,710.0M2024Imports [+]
Imports % GDP [+]202430.57%chart54.48%2024Imports % GDP [+]
Trade balance [+]2024€238,631.8Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2024$258,366.9Mchart$-3,237.6M2024Trade balance [+]
Trade balance % GDP [+]20245.54%chart-7.44%2024Trade balance % GDP [+]
Retail Sales YoY [+]January 20252.8%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20154ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023233chart292023Density [+]
Global Peace Ranking [+]202420ºchart30º2024Global 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 [+]20238.30‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201724,670.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202312.30‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.39chart1.362023Fertility Rate [+]
Crude marriage rate [+]20224.70‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202415.5%chart21.6%2024% risk of poverty [+]
Population [+]202383,456,045chart1,871,8822023Population [+]
Immigrant stock [+]202015,762,457chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,855,268chart380,0102020Emigrant stock [+]
HDI [+]20220.950chart0.8792022HDI [+]
Gender Gap Ranking [+]20247ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202381.10chart75.602023Life expectancy [+]
Suicides [+]202210,224chart2262022Suicides [+]
Suicide rate [+]202212.30chart12.002022Suicide rate [+]
Number of homicides [+]2022686chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.82chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.06chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]202332
Crude Oil Reserves [+]2021115.2
Consumption GWh [+]2023519,691chart6,8222023Consumption GWh [+]
Generation GWh [+]2023536,428chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/2024174,979chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202438,437,756chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]04/07/202363,563,414chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20242,096.66chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]04/07/2023192,221,468chart2,895,71607/11/2022Doses administered [+]
Germany
Latvia