Country comparison Latvia vs Algeria

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Gouvernement
GDP Growth (%) [+]20240%chart3.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€248,730M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$269,140M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€5,3352024GDP per capita [+]
GDP per capita [+]2024$23,243chart$5,7722024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart119,5632024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart129,3742024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart48.07%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€2,6012024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$2,8142024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-34,3032024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-37,1182024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-13.79%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart91,498.22024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart99,006.12024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart12,868.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart3,740.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart15.54%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart5,289.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart5,718.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart6.17%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart19,827.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart21,454.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart21.38%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart36.79%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€1,9902024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$2,1542024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2802023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$3032023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1152023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1242023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€4252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$4602024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart362023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart89º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart68.62024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart115º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart10.5%2016Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart1,272K2016Q3Unemployed [+]
NMW [+]2026$916.5chart$149.02024NMW [+]
NMW [+]2026€780.0chart€135.22024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart112º2017Human Capital Ranking [+]
Markets
153.872202/10/2026Euro / Algerian dinars [+]
US Dollar exchange rate [+]02/13/20260.8430chart129.369602/10/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/13/2026-2.07%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart157º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart118,689December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart2.88December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart142.302020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart19.00%01/01/2017Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart35.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart2,371,0002019Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€51,853.1M2023Exports [+]
Exports [+]2025$22,153.1Mchart$56,068.7M2023Exports [+]
Exports % GDP [+]202447.26%chart22.61%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€40,441.1M2023Imports [+]
Imports [+]2025$26,277.9Mchart$43,728.9M2023Imports [+]
Imports % GDP [+]202454.31%chart17.63%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€11,412.0M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$9,949.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart4.98%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart192023Density [+]
Global Peace Ranking [+]202430ºchart90º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart2,092.72017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.57%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.61%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart19.63‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart199.52017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart4.64‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.772023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart5.5%2011% risk of poverty [+]
Population [+]20241,860,565chart45,973,0002023Population [+]
Immigrant stock [+]2020239,422chart250,3782020Immigrant stock [+]
Emigrant stock [+]2020380,010chart2,022,3372020Emigrant stock [+]
HDI [+]20220.879chart0.7452022HDI [+]
Gender Gap Ranking [+]202430ºchart139º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart76.262023Life expectancy [+]
Suicides [+]2023267chart1,2252015Suicides [+]
Suicide rate [+]202314.20chart3.072015Suicide rate [+]
Number of homicides [+]202347chart5362023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.162023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.992023CO2 Tons per capita [+]
1,1202024Annual crude oil production [+]
12,200.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart85,6872023Consumption GWh [+]
Generation GWh [+]20236,202chart97,2012023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart6,88101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart272,43501/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,481,18609/04/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart149.6701/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart15,267,44209/04/2022Doses administered [+]
Latvia
Algeria