Country comparison Italy vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q49,370Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€2,192,182Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$2,372,775Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€37,180chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$40,236chart$23,2502024GDP per capita [+]
Quarterly GDP [+]2024Q4€552,552Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20232,868,411chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]20233,097,038chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]2023134.80%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€48,641chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2023$52,518chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2023-152,735chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2023-165,195chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2023-7.20%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20231,144,854.0chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]20231,238,239.7chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202174,068.8chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202190,898.9chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20217.44%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023130,291,000,000.0chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023140,883,658,300.0chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202211.85%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202334,225.5chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202337,007.0chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.04%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202353.80%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€19,414chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$20,997chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€1,253chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,480chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€2,208chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$2,388chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€580chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$626chart$5262023Defence Expenditure P.C. [+]
Moody's Rating [+]11/17/2023Baa3A301/26/2024Moody's Rating [+]
S&P Rating [+]07/26/2022BBBA05/31/2024S&P Rating [+]
Fitch Rating [+]12/03/2021BBBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202356chart602023Corruption Index [+]
Competitiveness Ranking [+]201930ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.1chart41.42024Fragile States Index [+]
RTI Raking [+]202471ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202426ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.3%chart6.9%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.1%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q41,541Kchart64K2024Q4Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
Average Wage [+]2023$36,215chart$20,0672023Average Wage [+]
Average Wage [+]2023€33,492chart€18,5592023Average Wage [+]
Human Capital Ranking [+]201735ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/18/20250.9159chart0.915903/18/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]03/18/20253.86%
Risk Premium [+]03/18/2025105
Stock ExchangeYTD % [+]03/17/202514.15%chart1.91%03/18/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20251.7%chart3.7%February 2025CPI (overall index) [+]
HICP [+]February 20251.7%chart3.6%February 2025HICP [+]
PPI Year on Year [+]January 20256.0%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 [+]202058ºchart19º2020Doing Business [+]
IPI Year on Year [+]January 2025-0.6%chart0.5%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20242,975,569chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202225.50chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023880,085
Vehicles / 1,000 people [+]2021765.75chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202341.5%chart33.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]10/01/201322.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202252.2%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202249,811,000chart478,0002021Annual arrivals [+]
Exports [+]2024€623,508.7Mchart€18,992.7M2024Exports [+]
Exports [+]2024$674,865.6Mchart$20,472.4M2024Exports [+]
Exports % GDP [+]202428.44%chart47.04%2024Exports % GDP [+]
Imports [+]2024€568,745.6Mchart€21,910.3M2024Imports [+]
Imports [+]2024$615,417.6Mchart$23,710.0M2024Imports [+]
Imports % GDP [+]202425.94%chart54.48%2024Imports % GDP [+]
Trade balance [+]2024€54,763.1Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2024$59,448.0Mchart$-3,237.6M2024Trade balance [+]
Trade balance % GDP [+]20242.51%chart-7.44%2024Trade balance % GDP [+]
Retail Sales YoY [+]January 20250.1%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201537ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023195chart292023Density [+]
Global Peace Ranking [+]202433ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20221.40‰chart2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]20179,287.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202010.78%chart12.65%2020% Immigrant [+]
% Emigrant [+]20205.50%chart20.07%2020% Emigrant [+]
Birth Rate [+]20236.40‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201717,369.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202311.20‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.21chart1.362023Fertility Rate [+]
Crude marriage rate [+]20223.20‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202418.9%chart21.6%2024% risk of poverty [+]
Population [+]202358,971,230chart1,871,8822023Population [+]
Immigrant stock [+]20206,386,998chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,258,831chart380,0102020Emigrant stock [+]
HDI [+]20220.906chart0.8792022HDI [+]
Gender Gap Ranking [+]202487ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202383.50chart75.602023Life expectancy [+]
Suicides [+]20223,906chart2262022Suicides [+]
Suicide rate [+]20226.62chart12.002022Suicide rate [+]
Number of homicides [+]2022322chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.54chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.19chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]202381
Crude Oil Reserves [+]2021497.9
Consumption GWh [+]2023290,664chart6,8222023Consumption GWh [+]
Generation GWh [+]2023257,032chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/2024197,307chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202426,781,078chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/16/202347,947,097chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,345.82chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/16/2023144,608,839chart2,895,71607/11/2022Doses administered [+]
Italy
Latvia