Country comparison Hong Kong vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€352,089Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$380,812Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€46,771chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$50,587chart$23,2502024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202322,735chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]202324,590chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]20236.33%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€3,020chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2023$3,266chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2023-20,298chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2023-21,954chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2023-5.65%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202385,176.3chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]202392,125.0chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202212,691.8chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202313,641.6chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20223.73%chart12.65%2021Education Expenditure (%Bud.) [+]
2,043,247,000.02023Gov. Health Exp. (M.€) [+]
2,209,362,981.12023Gov. Health Exp.($M) [+]
12.06%2022Gov. Health Exp. (%Bud.) [+]
892.82023Defence Expenditure (M.€) [+]
965.32023Defence Expenditure ($M) [+]
5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202323.72%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€11,315chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$12,238chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,698chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,790chart$1,1722021Education Expenditure P.C [+]
€1,0852023Gov. Health Exp. P.C. [+]
$1,1732023Gov. Health Exp. P.C. [+]
€4752023Defence Expenditure P.C. [+]
$5262023Defence Expenditure P.C. [+]
Moody's Rating [+]12/06/2023Aa3A301/26/2024Moody's Rating [+]
S&P Rating [+]09/21/2017AA+A05/31/2024S&P Rating [+]
Fitch Rating [+]04/20/2020AA-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202375chart602023Corruption Index [+]
Competitiveness Ranking [+]20193ºchart41º2019Competitiveness Ranking [+]
41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]202418ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2025Unemployment Rate [+]
Unemployment rate [+]2023Q41.5%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2023Q4106Kchart64K2024Q4Unemployed [+]
NMW [+]2024$887.0chart$768.82025NMW [+]
NMW [+]2024€802.7chart€740.02025NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
Euro / Hong Kong dollars [+]03/17/20258.4719
US Dollar exchange rate [+]03/07/20257.7723chart0.917203/17/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/17/202520.37%chart2.37%03/17/2025Stock ExchangeYTD % [+]
Prices
3.7%February 2025CPI (overall index) [+]
3.6%February 2025HICP [+]
-4.2%January 2025PPI Year on Year [+]
Money Market
Key rates [+]12/19/20244.75%chart2.65%03/12/2025Key rates [+]
Business
Doing Business [+]20203ºchart19º2020Doing Business [+]
0.5%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201929,117chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.54chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]201592.24chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202214.1%chart33.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20150%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202015.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022567,800chart478,0002021Annual arrivals [+]
Exports [+]2023€530,723.2Mchart€18,914.2M2024Exports [+]
Exports [+]2023$573,871.0Mchart$20,472.4M2024Exports [+]
Exports % GDP [+]2023150.74%chart47.04%2024Exports % GDP [+]
Imports [+]2023€604,546.6Mchart€21,905.4M2024Imports [+]
Imports [+]2023$653,696.2Mchart$23,710.0M2024Imports [+]
Imports % GDP [+]2023171.70%chart54.48%2024Imports % GDP [+]
Trade balance [+]2023€-73,823.4Mchart€-2,991.2M2024Trade balance [+]
Trade balance [+]2023$-79,825.2Mchart$-3,237.6M2024Trade balance [+]
Trade balance % GDP [+]2023-20.97%chart-7.44%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20236,782chart292023Density [+]
30º2024Global Peace Ranking [+]
2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017429.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202039.89%chart12.65%2020% Immigrant [+]
% Emigrant [+]202013.57%chart20.07%2020% Emigrant [+]
Birth Rate [+]20224.40‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201717,121.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20228.70‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20220.70chart1.362023Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]20237,528,000chart1,871,8822023Population [+]
Immigrant stock [+]20202,962,492chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,007,788chart380,0102020Emigrant stock [+]
HDI [+]20220.956chart0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
Life expectancy [+]202283.66chart75.602023Life expectancy [+]
2262022Suicides [+]
12.002022Suicide rate [+]
Number of homicides [+]202230chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.40chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.51chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202345,540chart6,8222023Consumption GWh [+]
Generation GWh [+]202337,631chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]03/06/202313,466chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/06/20232,876,106chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]08/10/20246,803,327chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/06/20231,801.95chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]08/10/202421,014,839chart2,895,71607/11/2022Doses administered [+]
Hong Kong
  • Capital: Hong Kong
  • Population: 7,528,000
  • Surface Area: 1,110 km2
  • Currency: Hong Kong dollars (1 EUR=8.4719 HKD)
  • Belongs to: IMF
Latvia