Country comparison India vs Latvia

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Gouvernement
GDP Growth (%) [+]20246.5%chart2.1%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q4586Kchart5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€3,612,660Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$3,909,097Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€2,512chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$2,718chart$26,1312025GDP per capita [+]
Quarterly GDP [+]2025Q4€843,141Mchart€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]20232,732,645chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20232,955,574chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202381.23%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€1,900chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2023$2,055chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2023-266,300chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2023-288,024chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2023-7.92%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2023955,809.6chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20231,033,784.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2022130,134.2chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2022140,214.4chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.16%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202343,959.8chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202347,526.0chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.59%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202482,050.8chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202488,783.5chart1,433.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.63%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202328.41%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€665chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$719chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€91chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$98chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€31chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$33chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€57chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$62chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]08/18/2023Baa3A301/26/2024Moody's Rating [+]
S&P Rating [+]08/14/2025BBBA05/31/2024S&P Rating [+]
Fitch Rating [+]12/20/2019BBB-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202339chart602023Corruption Index [+]
Competitiveness Ranking [+]201968ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202472.3chart41.42024Fragile States Index [+]
RTI Raking [+]20249ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202439ºchart42º2024Innovation Ranking [+]
Labour
6.7%February 2026Unemployment Rate [+]
Unemployment rate [+]2024Q24.6%chart6.7%2025Q4Unemployment rate [+]
Unemployed [+]2024Q222,713Kchart64K2025Q4Unemployed [+]
NMW [+]2024$55.6chart$916.52026NMW [+]
NMW [+]2024€50.4chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]2017103ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Indian rupees [+]04/10/2026108.7795
US Dollar exchange rate [+]04/10/202692.6492chart0.853904/10/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]04/10/20266.91%
Risk Premium [+]04/10/2026387
Stock ExchangeYTD % [+]04/10/2026-7.65%chart-4.77%04/11/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20264.0%chart3.4%March 2026CPI (overall index) [+]
-0.6%February 2026PPI Year on Year [+]
Money Market
Key rates [+]12/05/20255.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]201977ºchart19º2020Doing Business [+]
4.0%February 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 20234,101,600chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20233.53chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20235,851,507
Vehicles / 1,000 people [+]202032.57chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201818.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202042.7%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20216,989,000chart478,0002021Annual arrivals [+]
Exports [+]2023€399,125.2Mchart€19,668.0M2025Exports [+]
Exports [+]2023$431,574.0Mchart$22,224.5M2025Exports [+]
Exports % GDP [+]202311.86%chart45.71%2025Exports % GDP [+]
Imports [+]2023€621,688.0Mchart€23,360.4M2025Imports [+]
Imports [+]2023$672,231.3Mchart$26,396.8M2025Imports [+]
Imports % GDP [+]202318.48%chart54.29%2025Imports % GDP [+]
Trade balance [+]2023€-222,562.9Mchart€-3,692.4M2025Trade balance [+]
Trade balance [+]2023$-240,666.4Mchart$-4,172.3M2025Trade balance [+]
Trade balance % GDP [+]2023-6.62%chart-8.58%2025Trade balance % GDP [+]
4.2%February 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201571ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023437chart292024Density [+]
Global Peace Ranking [+]2024116ºchart30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]201768,968.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.35%chart12.65%2020% Immigrant [+]
% Emigrant [+]20201.27%chart20.07%2020% Emigrant [+]
Birth Rate [+]202316.15‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20175,710.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20236.61‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.98chart1.242024Fertility Rate [+]
5.50‰2024Crude marriage rate [+]
% risk of poverty [+]201121.9%chart22.0%2025% risk of poverty [+]
Population [+]20231,438,069,596chart1,856,9322024Population [+]
Immigrant stock [+]20204,878,704chart239,4222020Immigrant stock [+]
Emigrant stock [+]202017,869,492chart380,0102020Emigrant stock [+]
HDI [+]20220.644chart0.8792022HDI [+]
Gender Gap Ranking [+]2024129ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202372.00chart76.402024Life expectancy [+]
Suicides [+]2015206,278chart2672023Suicides [+]
Suicide rate [+]201515.53chart14.382023Suicide rate [+]
Number of homicides [+]202240,130chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20222.82chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.07chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2025581
Crude Oil Reserves [+]20214,604.9
Consumption GWh [+]20241,757,566chart6,6232024Consumption GWh [+]
Generation GWh [+]20242,051,785chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/22/2026533,847chart7,72002/22/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/22/202645,056,126chart977,79802/22/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/12/2024951,990,500chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/22/2026371.22chart4,149.2802/22/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/12/20242,206,868,000chart2,979,62412/23/2023Doses administered [+]
India
Latvia