Country comparison Latvia vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€22,262M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$24,086M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€7,4422023GDP per capita [+]
GDP per capita [+]2024$23,243chart$8,0522023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202418,800chart9,1192022Debt (M.€.) [+]
Debt ($M) [+]202420,607chart9,6102022Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart49.25%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€3,0632022Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$3,2282022Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-3912022Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-4122022Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.11%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart4,884.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart5,147.62022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart461.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart58.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart9.70%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart316.72022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart334.72022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart6.50%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart1,213.52023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart1,312.92023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart19.96%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart26.38%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€1,6412022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$1,7292022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€1552022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$1632022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1102022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1162022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€4062023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$4392023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba306/22/2023Moody's Rating [+]
S&P Rating [+]05/31/2024ABB-08/25/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-B+10/15/2020Fitch Rating [+]
Corruption Index [+]202360chart472023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart68.12024Fragile States Index [+]
RTI Raking [+]2024107ºchart38º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart63º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%
Unemployment rate [+]2024Q46.9%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart115K2022Q4Unemployed [+]
NMW [+]2025$768.8chart$185.32024NMW [+]
NMW [+]2025€740.0chart€167.52024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart49º2017Human Capital Ranking [+]
Markets
432.690005/17/2025Euro / Dram [+]
US Dollar exchange rate [+]05/16/20250.8933chart386.330005/17/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]05/16/2025-0.08%
Prices
CPI (overall index) [+]April 20253.9%chart2.7%April 2025CPI (overall index) [+]
HICP [+]April 20254.1%
PPI Year on Year [+]March 20251.9%
Money Market
Key rates [+]04/23/20252.40%chart6.75%02/04/2025Key rates [+]
Business
Doing Business [+]202019ºchart47º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%
Passengers vehicles Year [+]December 202433,318chart970December 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) [+]202333.0%chart22.7%2022Tax 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 [+]2021478,000chart1,666,0002022Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€7,782.5M2023Exports [+]
Exports [+]2024$20,639.8Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]202447.43%chart34.96%2023Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€11,382.6M2023Imports [+]
Imports [+]2024$23,739.0Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202454.55%chart51.13%2023Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2024$-3,099.2Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.12%chart-16.17%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart43º2015Global AgeWatch Ranking [+]
Density [+]202329chart1012023Density [+]
Global Peace Ranking [+]202430ºchart77º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.42%2020% Immigrant [+]
% Emigrant [+]202020.07%chart32.34%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart12.30‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart8.10‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.902023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart5.50‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart24.8%2022% risk of poverty [+]
Population [+]20231,871,882chart2,991,2012023Population [+]
Immigrant stock [+]2020239,422chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020380,010chart958,1902020Emigrant stock [+]
HDI [+]20220.879chart0.7862022HDI [+]
Gender Gap Ranking [+]202430ºchart64º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart77.472023Life expectancy [+]
Suicides [+]2022226chart1622015Suicides [+]
Suicide rate [+]202212.29chart5.392015Suicide rate [+]
Number of homicides [+]202347chart612021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.132021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart2.632023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart7,0122023Consumption GWh [+]
Generation GWh [+]20236,360chart8,6482023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart8,77708/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart452,27308/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart2,934.2708/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart2,256,91910/01/2023Doses administered [+]
Latvia
Armenia