Country comparison Latvia vs Albania

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart2,364K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€25,122M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$27,192M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€9,0962024GDP per capita [+]
GDP per capita [+]2024$23,243chart$9,8462024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€6,528M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202418,800chart11,8692022Debt (M.€.) [+]
Debt ($M) [+]202420,607chart12,5082022Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart65.20%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€4,2982022Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$4,5292022Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-6622022Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-6982022Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-3.64%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart5,512.92022Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart5,809.92022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart496.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart519.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart2.75%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart503.32022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart529.52022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart9.19%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart379.92023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart410.72023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart5.62%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart30.28%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€1,9962022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$2,1042022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€1792022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$1912022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1782022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1872022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€1382023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$1492023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba310/18/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABB03/21/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart372023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart81º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart55.92024Fragile States Index [+]
RTI Raking [+]2024107ºchart7º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart84º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%
Unemployment rate [+]2024Q46.9%chart10.9%2023Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart162K2023Q4Unemployed [+]
NMW [+]2025$768.8chart$424.42025NMW [+]
NMW [+]2025€740.0chart€408.02025NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart85º2017Human Capital Ranking [+]
Markets
98.170005/23/2025Euro / Lek [+]
US Dollar exchange rate [+]05/23/20250.8849chart86.510005/23/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]05/23/20250.71%
Prices
CPI (overall index) [+]April 20253.9%
HICP [+]April 20254.0%chart2.6%April 2025HICP [+]
PPI Year on Year [+]March 20251.9%chart-0.5%December 2024PPI Year on Year [+]
Money Market
Key rates [+]04/23/20252.40%chart2.75%11/08/2024Key rates [+]
Business
Doing Business [+]202019ºchart82º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%
Passengers vehicles Year [+]December 202433,318chart3,005December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart1.19December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart167.312015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart7,104,7002022Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€3,698.3M2024Exports [+]
Exports [+]2024$20,667.0Mchart$4,003.0M2024Exports [+]
Exports % GDP [+]202447.49%chart14.72%2024Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€8,889.2M2024Imports [+]
Imports [+]2024$23,741.5Mchart$9,621.5M2024Imports [+]
Imports % GDP [+]202454.55%chart35.38%2024Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-5,190.9M2024Trade balance [+]
Trade balance [+]2024$-3,074.5Mchart$-5,618.5M2024Trade balance [+]
Trade balance % GDP [+]2024-7.06%chart-20.66%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart7.0%December 2024Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart53º2015Global AgeWatch Ranking [+]
Density [+]202329chart962022Density [+]
Global Peace Ranking [+]202430ºchart42º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.10‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,381.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.72%2020% Immigrant [+]
% Emigrant [+]202020.07%chart44.19%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart10.24‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart198.62017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart8.33‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.352023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.32‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart22.0%2021% risk of poverty [+]
Population [+]20231,871,882chart2,761,7852022Population [+]
Immigrant stock [+]2020239,422chart48,8102020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,250,4512020Emigrant stock [+]
HDI [+]20220.879chart0.7892022HDI [+]
Gender Gap Ranking [+]202430ºchart23º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart79.602023Life expectancy [+]
Suicides [+]2022226chart962010Suicides [+]
Suicide rate [+]202212.29chart3.302010Suicide rate [+]
Number of homicides [+]202347chart392023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.392023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.562023CO2 Tons per capita [+]
132024Annual crude oil production [+]
150.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart7,4902023Consumption GWh [+]
Generation GWh [+]20236,360chart9,0062023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart3,60508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart335,04708/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,279,33309/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,305.3208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart3,088,96609/10/2023Doses administered [+]
Latvia
Albania