Country comparison Latvia vs Albania

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Gouvernement
GDP Growth (%) [+]20252.1%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q45,942Kchart2,898K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2025€43,026Mchart€25,001M2024Annual GDP [+]
Annual GDP [+]2025$48,619Mchart$27,037M2024Annual GDP [+]
GDP per capita [+]2025€23,410chart€9,1942024GDP per capita [+]
GDP per capita [+]2025$26,131chart$9,9482024GDP per capita [+]
Quarterly GDP [+]2025Q4€11,055Mchart€6,849M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart14,0242024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart15,1752024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart56.03%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€5,9342024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$6,4212024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1812024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1962024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-0.73%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart7,242.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart7,837.22024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.9chart671.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart728.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.86%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847.5chart762.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999.7chart823.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart12.28%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,324.4chart509.52024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,433.6chart551.02024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart6.61%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart28.94%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€3,0652024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$3,3162024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2462023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2662023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2712023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$2932023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€710chart€1872024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$2032024Defence 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 [+]February 20266.7%
Unemployment rate [+]2025Q46.7%chart10.9%2023Q4Unemployment rate [+]
Unemployed [+]2025Q464Kchart162K2023Q4Unemployed [+]
NMW [+]2026$916.5chart$611.62026NMW [+]
NMW [+]2026€780.0chart€517.02026NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart85º2017Human Capital Ranking [+]
Markets
95.800004/10/2026Euro / Lek [+]
US Dollar exchange rate [+]04/10/20260.8539chart81.880004/10/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/11/2026-4.77%
Prices
CPI (overall index) [+]March 20263.4%
2.2%December 2025HICP [+]
PPI Year on Year [+]February 2026-0.6%chart1.8%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.50%11/08/2025Key rates [+]
Business
Doing Business [+]202019ºchart82º2020Doing Business [+]
IPI Year on Year [+]February 20264.0%
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) [+]202435.4%
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 [+]2025€19,668.0Mchart€3,537.1M2025Exports [+]
Exports [+]2025$22,224.5Mchart$3,996.9M2025Exports [+]
Exports % GDP [+]202545.71%chart14.79%2024Exports % GDP [+]
Imports [+]2025€23,360.4Mchart€9,069.8M2025Imports [+]
Imports [+]2025$26,396.8Mchart$10,248.7M2025Imports [+]
Imports % GDP [+]202554.29%chart35.56%2024Imports % GDP [+]
Trade balance [+]2025€-3,692.4Mchart€-5,532.8M2025Trade balance [+]
Trade balance [+]2025$-4,172.3Mchart$-6,251.8M2025Trade balance [+]
Trade balance % GDP [+]2025-8.58%chart-20.76%2024Trade balance % GDP [+]
Retail Sales YoY [+]February 20264.2%chart4.1%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart53º2015Global AgeWatch Ranking [+]
Density [+]202429chart822024Density [+]
Global Peace Ranking [+]202430ºchart42º2024Global Peace Ranking [+]
Crude divorce rate [+]20242.80‰chart2.00‰2024Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,381.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.72%2020% Immigrant [+]
% Emigrant [+]202020.07%chart44.19%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart9.80‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart198.62017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart9.30‰2024Crude death rate [+]
Fertility Rate [+]20241.24chart1.642024Fertility Rate [+]
Crude marriage rate [+]20245.50‰chart6.80‰2024Crude marriage rate [+]
% risk of poverty [+]202522.0%chart19.7%2023% risk of poverty [+]
Population [+]20241,856,932chart2,363,3142024Population [+]
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 [+]202476.40chart80.402024Life expectancy [+]
Suicides [+]2023267chart962010Suicides [+]
Suicide rate [+]202314.38chart3.302010Suicide rate [+]
Number of homicides [+]202347chart492024Number 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 [+]
122025Annual crude oil production [+]
150.02021Crude Oil Reserves [+]
Consumption GWh [+]20246,623chart7,6432024Consumption GWh [+]
Generation GWh [+]20245,913chart8,3392024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/22/20267,720chart3,60802/22/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/22/2026977,798chart337,23402/22/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,279,33309/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/22/20264,149.28chart1,526.6702/22/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart3,088,96609/10/2023Doses administered [+]
Latvia
Albania