Country comparison Laos vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.3%chart0%2024GDP Growth (%) [+]
5,657K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€14,702Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$15,908Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€1,913chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$2,070chart$23,2432024GDP per capita [+]
€10,504M2025Q2Quarterly GDP [+]
Debt (M.€.) [+]202414,772chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202415,984chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024100.48%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,927chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$2,085chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024344chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024372chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20242.34%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20242,300.9chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20242,489.7chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023171.2chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023185.2chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20248.24%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202290.7chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202297.0chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20224.25%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]201317.1chart897.12023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]201322.7chart970.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20130.78%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202415.65%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€300chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$325chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€23chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$24chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€12chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$13chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2013€3chart€4772023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2013$3chart$5132023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
Fitch Rating [+]08/04/2022CCC-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202328chart602023Corruption Index [+]
Competitiveness Ranking [+]2019113ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202473.8chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]2024111ºchart42º2024Innovation Ranking [+]
Labour
6.4%September 2025Unemployment Rate [+]
6.7%2025Q2Unemployment rate [+]
64K2025Q2Unemployed [+]
NMW [+]2024$77.8chart$839.12025NMW [+]
NMW [+]2024€70.1chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201784ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Kip [+]11/14/202525,367.5000
US Dollar exchange rate [+]11/14/202521,685.5000chart0.858511/14/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]11/14/202511.28%chart6.65%11/14/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]October 20254.0%chart4.2%October 2025CPI (overall index) [+]
4.2%October 2025HICP [+]
-0.4%September 2025PPI Year on Year [+]
Money Market
Key rates [+]08/18/20259.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020154ºchart19º2020Doing Business [+]
6.5%September 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20194,064chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20191.44chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202210.3%chart35.4%2024Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2020811,600chart478,0002021Annual arrivals [+]
Exports [+]2023€7,741.1Mchart€19,073.9M2024Exports [+]
Exports [+]2023$8,370.4Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202355.78%chart47.26%2024Exports % GDP [+]
Imports [+]2023€7,074.1Mchart€21,917.7M2024Imports [+]
Imports [+]2023$7,649.2Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202350.97%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€667.0Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$659.7Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]20234.81%chart-7.05%2024Trade balance % GDP [+]
2.6%September 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201583ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202332chart292024Density [+]
Global Peace Ranking [+]202449ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017124.3chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.67%chart12.65%2020% Immigrant [+]
% Emigrant [+]202017.71%chart20.07%2020% Emigrant [+]
Birth Rate [+]202321.27‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201768.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20236.22‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.42chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]201818.3%chart21.6%2024% risk of poverty [+]
Population [+]20237,664,993chart1,856,9322024Population [+]
Immigrant stock [+]202048,731chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,296,051chart380,0102020Emigrant stock [+]
HDI [+]20220.620chart0.8792022HDI [+]
Gender Gap Ranking [+]202489ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202368.96chart76.702024Life expectancy [+]
Suicides [+]2015837chart2672023Suicides [+]
Suicide rate [+]201512.33chart14.202023Suicide rate [+]
472023Number of homicides [+]
2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.49chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202312,803chart6,6642023Consumption GWh [+]
Generation GWh [+]202352,295chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/2025671chart7,64109/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/2025219,060chart977,78309/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]08/11/20225,222,417chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/202587.54chart4,114.8509/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]08/11/202211,111,066chart2,979,62412/23/2023Doses administered [+]
Laos
Latvia