Country comparison Hong Kong vs Latvia

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Gouvernement
GDP Growth (%) [+]20242.5%chart0%2024GDP Growth (%) [+]
5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€376,010Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$406,863Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€50,131chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$54,244chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202435,583chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202438,503chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]20249.27%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€4,744chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$5,133chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-23,225chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-25,130chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-6.05%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202489,811.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202497,180.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202414,318.6chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202414,501.5chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202415.74%chart9.92%2022Education Expenditure (%Bud.) [+]
1,847,488,000.02024Gov. Health Exp. (M.€) [+]
1,999,684,061.42024Gov. Health Exp.($M) [+]
9.91%2023Gov. Health Exp. (%Bud.) [+]
1,314.92024Defence Expenditure (M.€) [+]
1,423.22024Defence Expenditure ($M) [+]
7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202423.41%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€11,973chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$12,956chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€1,909chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$2,066chart$8762022Education Expenditure P.C [+]
€9872024Gov. Health Exp. P.C. [+]
$1,0682024Gov. Health Exp. P.C. [+]
€7052024Defence Expenditure P.C. [+]
$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]05/27/2025Aa3A301/26/2024Moody'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
7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2023Q41.5%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2023Q4106Kchart66K2025Q3Unemployed [+]
NMW [+]2024$887.0chart$916.52026NMW [+]
NMW [+]2024€802.7chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
Euro / Hong Kong dollars [+]02/09/20269.2888
US Dollar exchange rate [+]01/30/20267.8096chart0.841302/09/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/09/20264.68%chart-3.34%02/09/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/11/20254.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20203ºchart19º2020Doing Business [+]
1.0%December 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) [+]202313.1%chart35.4%2024Tax 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€19,073.9M2024Exports [+]
Exports [+]2023$573,871.0Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]2023150.64%chart47.26%2024Exports % GDP [+]
Imports [+]2023€604,546.6Mchart€21,917.7M2024Imports [+]
Imports [+]2023$653,696.2Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]2023171.60%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-73,823.4Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-79,825.2Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-20.95%chart-7.05%2024Trade balance % GDP [+]
1.0%December 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20246,758chart292024Density [+]
30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017429.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202039.89%chart12.65%2020% Immigrant [+]
% Emigrant [+]202013.57%chart20.07%2020% Emigrant [+]
Birth Rate [+]20234.40‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201717,121.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20237.30‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20230.75chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]20247,501,000chart1,860,5652024Population [+]
Immigrant stock [+]20202,962,492chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,007,788chart380,0102020Emigrant stock [+]
HDI [+]20220.956chart0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
Life expectancy [+]202385.25chart76.702024Life expectancy [+]
2672023Suicides [+]
14.202023Suicide rate [+]
Number of homicides [+]202328chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.38chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.51chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202345,540chart6,6642023Consumption GWh [+]
Generation GWh [+]202337,631chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]03/06/202313,466chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/06/20232,876,106chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/10/20246,803,327chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/06/20231,801.95chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/10/202421,014,839chart2,979,62412/23/2023Doses administered [+]
Hong Kong
  • Capital: Hong Kong
  • Population: 7,501,000
  • Surface Area: 1,110 km2
  • Currency: Hong Kong dollars (1 EUR=9.2888 HKD)
  • Belongs to: IMF
Latvia