Country comparison Latvia vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2023Q45,377K
Annual GDP [+]2023€40,310Mchart€18,516M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$19,514M2022Annual GDP [+]
GDP per capita [+]2023€21,420chart€6,2202022GDP per capita [+]
GDP per capita [+]2022$21,947chart$6,5552022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200M
Debt (M.€.) [+]202215,948chart9,1192022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart9,6102022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart49.25%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€3,0632022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$3,2282022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-3912022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-4122022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-2.11%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart4,884.42022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart5,147.62022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart299.72020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart342.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart8.28%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart140.12017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart158.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart5.27%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart799.42022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart842.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart16.00%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart26.38%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€1,6412022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$1,7292022Expenditure 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. [+]2022€1,232chart€482017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$542017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€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 [+]January 20246.9%
Unemployment rate [+]2023Q46.8%chart10.0%2021Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart155K2021Q4Unemployed [+]
NMW [+]2023$662.4chart$156.12022NMW [+]
NMW [+]2024€700.0chart€125.32022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728ºchart49º2017Human Capital Ranking [+]
Markets
438.100003/18/2024Euro / Dram [+]
US Dollar exchange rate [+]03/18/20240.9181chart401.960003/18/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/18/202414.56%
Prices
CPI (overall index) [+]February 20240.4%chart-1.3%February 2024CPI (overall index) [+]
HICP [+]February 20240.6%
PPI Year on Year [+]January 2024-12.3%
Money Market
Key rates [+]09/20/20234.50%chart8.50%03/12/2024Key rates [+]
Business
Doing Business [+]202019ºchart47º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%
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€20,911.0Mchart€2,555.6M2021Exports [+]
Exports [+]2023$20,736.2Mchart$3,022.5M2021Exports [+]
Exports % GDP [+]202259.06%chart21.82%2021Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€4,529.3M2021Imports [+]
Imports [+]2023$24,834.5Mchart$5,356.8M2021Imports [+]
Imports % GDP [+]202272.35%chart38.67%2021Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€-1,973.7M2021Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$-2,334.3M2021Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart-16.85%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart43º2015Global AgeWatch Ranking [+]
Density [+]202229chart1002022Density [+]
Global Peace Ranking [+]202327ºchart66º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.42%2020% Immigrant [+]
% Emigrant [+]202020.07%chart32.34%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart12.05‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart13.01‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart1.582021Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.11‰2020Crude marriage rate [+]
% risk of poverty [+]202322.5%chart26.5%2021% 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 [+]202274.50chart72.042021Life expectancy [+]
Suicides [+]2021254chart1622015Suicides [+]
Suicide rate [+]202113.40chart5.392015Suicide 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 [+]20213.85chart2.302021CO2 Tons per capita [+]
Consumption GWh [+]20216,917chart6,1322021Consumption GWh [+]
Generation GWh [+]20215,538chart7,3242021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart8,77503/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart451,42603/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart2,947.4703/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart2,256,91910/01/2023Doses administered [+]