1. Countries data: Demographic and economy

Country comparison Latvia vs Armenia

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2023Q15,520K
Annual GDP [+]2022€39,063Mchart€11,712M2021Annual GDP [+]
Annual GDP [+]2022$42,225Mchart$13,861M2021Annual GDP [+]
GDP per capita [+]2022€20,710chart€4,1962021GDP per capita [+]
GDP per capita [+]2022$22,511chart$4,9662021GDP per capita [+]
Quarterly GDP [+]2023Q1€10,345M
Debt (M.€.) [+]202215,947chart7,0562021Debt (M.€.) [+]
Debt ($M) [+]202217,569chart8,3512021Debt ($M) [+]
Debt (%GDP) [+]202240.80%chart60.25%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€8,502chart€2,5282021Debt Per Capita [+]
Debt Per Capita [+]2022$9,367chart$2,9922021Debt Per Capita [+]
Deficit (M.€) [+]2022-1,721chart-5372021Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-6362021Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.40%chart-4.59%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,714.1chart3,361.62021Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.4chart3,978.52021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.6chart299.62020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,462.2chart341.92020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart8.28%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20201,395.3chart140.12017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20201,593.7chart158.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart5.27%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2021766.6chart520.02021Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2021906.5chart615.42021Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20214.76%chart16.32%2021Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.20%chart28.70%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,377chart€1,2042021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,835chart$1,4252021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€1012020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$1152020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2020€734chart€482017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2020$839chart$542017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2021€407chart€1862021Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2021$479chart$2212021Defence Expenditure P.C. [+]
Moody's Rating [+]04/29/2022A3Ba303/24/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+B+02/24/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-B+10/15/2020Fitch Rating [+]
Corruption Index [+]202259chart462022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart69.52018Fragile States Index [+]
RTI Raking [+]01/01/201990ºchart47º09/28/2018RTI Raking [+]
Innovation Ranking [+]201834ºchart68º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]April 20235.7%
Unemployment rate [+]2022Q46.7%chart10.0%2021Q4Unemployment rate [+]
Unemployed [+]2022Q464Kchart155K2021Q4Unemployed [+]
NMW [+]2023$661.3chart$153.22022NMW [+]
NMW [+]2023€620.0chart€125.32022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728ºchart49º2017Human Capital Ranking [+]
Markets
416.920006/03/2023Euro / Dram [+]
US Dollar exchange rate [+]06/02/20230.9291chart387.220006/03/2023US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/30/2023-0.10%
Prices
CPI (overall index) [+]April 202315.1%chart7.2%March 2023CPI (overall index) [+]
HICP [+]May 202312.3%
PPI Year on Year [+]April 202322.7%
Money Market
Key rates [+]05/10/20233.75%chart10.75%12/13/2022Key rates [+]
Business
Doing Business [+]202019ºchart47º2020Doing Business [+]
IPI Year on Year [+]April 2023-7.0%
Passengers vehicles Year [+]December 202216,739chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.25chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202130.6%
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 [+]20191,934,800chart1,894,3772019Annual arrivals [+]
Exports [+]2022€22,976.9Mchart€2,555.6M2021Exports [+]
Exports [+]2022$24,194.7Mchart$3,022.5M2021Exports [+]
Exports % GDP [+]202258.82%chart21.82%2021Exports % GDP [+]
Imports [+]2022€28,117.8Mchart€4,529.3M2021Imports [+]
Imports [+]2022$29,608.0Mchart$5,356.8M2021Imports [+]
Imports % GDP [+]202271.98%chart38.67%2021Imports % GDP [+]
Trade balance [+]2022€-5,141.0Mchart€-1,973.7M2021Trade balance [+]
Trade balance [+]2022$-5,413.4Mchart$-2,334.3M2021Trade balance [+]
Trade balance % GDP [+]2022-13.16%chart-16.85%2021Trade balance % GDP [+]
Retail Sales YoY [+]April 2023-4.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart43º2015Global AgeWatch Ranking [+]
Density [+]202129chart942021Density [+]
Global Peace Ranking [+]202235ºchart83º2022Global Peace Ranking [+]
Crude divorce rate [+]20212.50‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.42%2020% Immigrant [+]
% Emigrant [+]202020.07%chart32.34%2020% Emigrant [+]
Birth Rate [+]20219.20‰chart12.05‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202118.40‰chart13.01‰2021Crude death rate [+]
Fertility Rate [+]20211.57chart1.582021Fertility Rate [+]
Crude marriage rate [+]20216.00‰chart4.11‰2020Crude marriage rate [+]
% risk of poverty [+]202222.5%chart26.5%2021% risk of poverty [+]
Population [+]20211,875,757chart2,790,9742021Population [+]
Immigrant stock [+]2020239,422chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020380,010chart958,1902020Emigrant stock [+]
HDI [+]20210.863chart0.7592021HDI [+]
Gender Gap Ranking [+]202226ºchart89º2022Gender Gap Ranking [+]
Life expectancy [+]202173.10chart72.042021Life expectancy [+]
Suicides [+]2021254chart1622015Suicides [+]
Suicide rate [+]202113.54chart5.392015Suicide rate [+]
Number of homicides [+]202070chart522020Number of homicides [+]
Rate Homicides per 100.000 [+]20203.71chart1.752020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart2.302021CO2 Tons per capita [+]
Consumption GWh [+]20216,917chart6,1322021Consumption GWh [+]
Generation GWh [+]20215,538chart7,3242021Generation GWh [+]
Others
COVID-19 - Deaths [+]05/31/20236,368chart8,75005/31/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]05/31/2023977,891chart449,20305/31/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart996,16905/14/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]05/31/20233,394.90chart3,135.1105/31/2023COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart2,156,99905/14/2023Doses administered [+]
Latvia
Armenia