Country comparison Latvia vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2024Q15,506K
Annual GDP [+]2023€40,348Mchart€18,516M2022Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$19,514M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€6,2202022GDP per capita [+]
GDP per capita [+]2023$23,169chart$6,5552022GDP per capita [+]
Quarterly GDP [+]2024Q1€10,368M
Debt (M.€.) [+]202317,581chart9,1192022Debt (M.€.) [+]
Debt ($M) [+]202319,011chart9,6102022Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart49.25%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,337chart€3,0632022Debt Per Capita [+]
Debt Per Capita [+]2023$10,096chart$3,2282022Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-3912022Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-4122022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-2.11%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart4,884.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart5,147.62022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart461.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart486.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart9.70%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart256.72021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart304.02021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart7.63%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart799.42022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart842.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart16.00%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart26.38%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,776chart€1,6412022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,490chart$1,7292022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€1552022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$1632022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€922021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$1092021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€2692022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$2832022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba306/22/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+BB-08/25/2023S&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 [+]2022106ºchart35º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart68º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]April 20246.8%
Unemployment rate [+]2024Q17.2%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2024Q169Kchart115K2022Q4Unemployed [+]
NMW [+]2024$773.5chart$156.12022NMW [+]
NMW [+]2024€700.0chart€125.32022NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart49º2017Human Capital Ranking [+]
Markets
415.570006/15/2024Euro / Dram [+]
US Dollar exchange rate [+]06/14/20240.9358chart388.490006/15/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]06/14/20247.92%
Prices
CPI (overall index) [+]May 20240.1%chart-0.8%May 2024CPI (overall index) [+]
HICP [+]May 20240.2%
PPI Year on Year [+]April 2024-9.2%
Money Market
Key rates [+]06/12/20244.25%chart8.00%06/11/2024Key rates [+]
Business
Doing Business [+]202019ºchart47º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%
Passengers vehicles Year [+]December 202216,739chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202230.5%chart22.7%2021Tax Revenue (%GDP) [+]
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 [+]2023€20,947.4Mchart€7,782.5M2023Exports [+]
Exports [+]2023$22,446.0Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]202351.97%chart27.49%2022Exports % GDP [+]
Imports [+]2023€25,324.2Mchart€11,382.6M2023Imports [+]
Imports [+]2023$27,114.4Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202362.62%chart44.97%2022Imports % GDP [+]
Trade balance [+]2023€-4,376.9Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]2023-10.65%chart-17.48%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart43º2015Global AgeWatch Ranking [+]
Density [+]202229chart1002022Density [+]
Global Peace Ranking [+]202327ºchart66º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.42%2020% Immigrant [+]
% Emigrant [+]202020.07%chart32.34%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart11.70‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart11.88‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.582022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart5.64‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart24.8%2022% risk of poverty [+]
Population [+]20221,883,008chart2,977,1302022Population [+]
Immigrant stock [+]2020239,422chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020380,010chart958,1902020Emigrant stock [+]
HDI [+]20210.863chart0.7592021HDI [+]
Gender Gap Ranking [+]202313ºchart61º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart73.372022Life expectancy [+]
Suicides [+]2021254chart1622015Suicides [+]
Suicide rate [+]202113.64chart5.392015Suicide rate [+]
Number of homicides [+]202267chart612021Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart2.192021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart2.152022CO2 Tons per capita [+]
Consumption GWh [+]20225,982chart7,3932022Consumption GWh [+]
Generation GWh [+]20224,045chart8,7732022Generation GWh [+]
Others
COVID-19 - Deaths [+]06/02/20247,475chart8,77706/02/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]06/02/2024977,765chart451,94406/02/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]06/02/20243,969.71chart2,948.1406/02/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart2,256,91910/01/2023Doses administered [+]