Country comparison Hungary vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,339Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€206,209Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$222,905Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€21,560chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$23,272chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2024Q4€51,177Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]2024145,558chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]2024163,845chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202473.50%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€15,187chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$17,095chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-10,135chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-10,964chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.90%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202496,660.5chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2024104,548.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20217,764.1chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20218,530.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202110.36%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20238,930,096,655.8chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20228,581.7chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20229.91%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20234,211.0chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20234,554.1chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20234.41%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.90%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€10,085chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,908chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€806chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$951chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€930chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$886chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€439chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$475chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]11/29/2024Baa2A301/26/2024Moody's Rating [+]
S&P Rating [+]04/11/2025BBB-A05/31/2024S&P Rating [+]
Fitch Rating [+]02/14/2020BBBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202342chart602023Corruption Index [+]
Competitiveness Ranking [+]201947ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202446.2chart41.42024Fragile States Index [+]
RTI Raking [+]202476ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202436ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20254.2%chart6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2024Q44.4%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q4216Kchart64K2024Q4Unemployed [+]
NMW [+]2025$1,039.3chart$768.82025NMW [+]
NMW [+]2025€707.0chart€740.02025NMW [+]
Average Wage [+]2024$22,597chart$21,8382024Average Wage [+]
Average Wage [+]2024€20,877chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201739ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Hungarian forints [+]05/23/2025403.5500
US Dollar exchange rate [+]01/18/2019279.8000chart0.884905/23/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]05/23/202520.30%chart0.71%05/23/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20254.2%chart3.9%April 2025CPI (overall index) [+]
HICP [+]April 20254.2%chart4.0%April 2025HICP [+]
PPI Year on Year [+]March 20254.7%chart1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]09/25/20246.50%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202052ºchart19º2020Doing Business [+]
IPI Year on Year [+]March 2025-5.4%chart-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024235,168chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.12chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023507,225
Vehicles / 1,000 people [+]2021482.06chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202334.9%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201227.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202233.5%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202212,649,000chart478,0002021Annual arrivals [+]
Exports [+]2024€145,251.7Mchart€19,094.0M2024Exports [+]
Exports [+]2024$157,217.5Mchart$20,667.0M2024Exports [+]
Exports % GDP [+]202470.44%chart47.49%2024Exports % GDP [+]
Imports [+]2024€137,529.4Mchart€21,934.5M2024Imports [+]
Imports [+]2024$148,859.1Mchart$23,741.5M2024Imports [+]
Imports % GDP [+]202466.69%chart54.55%2024Imports % GDP [+]
Trade balance [+]2024€7,722.3Mchart€-2,840.4M2024Trade balance [+]
Trade balance [+]2024$8,358.5Mchart$-3,074.5M2024Trade balance [+]
Trade balance % GDP [+]20243.74%chart-7.06%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20250.3%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201539ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023103chart292023Density [+]
Global Peace Ranking [+]202414ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.80‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20174,692.2chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20206.06%chart12.65%2020% Immigrant [+]
% Emigrant [+]20207.40%chart20.07%2020% Emigrant [+]
Birth Rate [+]20239.10‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,093.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202313.40‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart1.362023Fertility Rate [+]
Crude marriage rate [+]20235.20‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202414.7%chart21.6%2024% risk of poverty [+]
Population [+]20239,584,627chart1,871,8822023Population [+]
Immigrant stock [+]2020584,567chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020714,420chart380,0102020Emigrant stock [+]
HDI [+]20220.851chart0.8792022HDI [+]
Gender Gap Ranking [+]2024101ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202376.70chart75.602023Life expectancy [+]
Suicides [+]20221,647chart2262022Suicides [+]
Suicide rate [+]202216.97chart12.292022Suicide rate [+]
Number of homicides [+]202375chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.77chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.61chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]202421
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202342,739chart6,8222023Consumption GWh [+]
Generation GWh [+]202334,093chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202449,053chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20242,230,800chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]12/27/20226,207,249chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20245,117.88chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/04/202216,701,238chart2,895,71607/11/2022Doses administered [+]
Hungary
Latvia