CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

  1. Countries data: Demographic and economy

Country comparison Latvia vs Australia

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International immigrant percent Latvia vs Australia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,407Kchart15,280K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€1,615,510M2022Annual GDP [+]
Annual GDP [+]2023$43,628Mchart$1,702,550M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€62,6972022GDP per capita [+]
GDP per capita [+]2023$23,169chart$66,0752022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181Mchart€393,723M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart806,6012021Debt (M.€.) [+]
Debt ($M) [+]202216,806chart954,6342021Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart58.38%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€31,3042021Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$37,0492021Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-89,1712021Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-105,5362021Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-6.45%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart584,700.92021Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart692,009.32021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart61,439.32018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart72,590.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart13.48%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart118,671,487,439.82022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart88,877.72017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart17.80%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart30,675.72022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart32,328.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart5.02%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart42.32%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€22,6922021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$26,8562021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€2,4432018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$2,8862018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€4,5682022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$3,6742017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€1,1912022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1,2552022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa06/28/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+AAA06/06/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA05/21/2020Fitch Rating [+]
Corruption Index [+]202259chart752022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart16º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart20.82018Fragile States Index [+]
RTI Raking [+]2022106ºchart69º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart20º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20246.9%chart3.7%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart3.7%2023Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart543K2023Q4Unemployed [+]
NMW [+]2024$773.5chart$2,442.02022NMW [+]
NMW [+]2024€700.0chart€2,199.52022NMW [+]
Average Wage [+]2022$17,646chart$63,8642017Average Wage [+]
Average Wage [+]2022€16,758chart€62,4282022Average Wage [+]
Human Capital Ranking [+]201728ºchart20º2017Human Capital Ranking [+]
Markets
1.657804/16/2024Euro / Australian dollars [+]
US Dollar exchange rate [+]04/16/20240.9401chart1.556204/16/2024US Dollar exchange rate [+]
4.40%04/16/202410-Year Bond Yield [+]
19204/16/2024Risk Premium [+]
Stock ExchangeYTD % [+]04/16/202414.92%chart8.15%04/16/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20240.9%chart4.1%December 2023CPI (overall index) [+]
HICP [+]March 20241.0%
PPI Year on Year [+]February 2024-13.1%chart4.1%December 2023PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.35%11/08/2023Key rates [+]
Business
Doing Business [+]202019ºchart14º2020Doing Business [+]
IPI Year on Year [+]February 2024-0.2%
Passengers vehicles Year [+]December 202216,739chart753,256December 2021Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart40.74December 2021Annual Vehicles/ 1,000 p. [+]
98,6322017Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart738.112020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart29.5%2021Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart9,465,9002019Annual arrivals [+]
Exports [+]2023€20,940.4Mchart€290,516.5M2021Exports [+]
Exports [+]2023$22,642.9Mchart$343,593.8M2021Exports [+]
Exports % GDP [+]202351.90%chart21.03%2021Exports % GDP [+]
Imports [+]2023€25,161.3Mchart€220,904.0M2021Imports [+]
Imports [+]2023$27,206.9Mchart$261,263.1M2021Imports [+]
Imports % GDP [+]202362.36%chart15.99%2021Imports % GDP [+]
Trade balance [+]2023€-4,220.9Mchart€69,612.5M2021Trade balance [+]
Trade balance [+]2023$-4,564.1Mchart$82,330.7M2021Trade balance [+]
Trade balance % GDP [+]2023-10.46%chart5.04%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart1.6%February 2024Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart17º2015Global AgeWatch Ranking [+]
Density [+]202229chart32021Density [+]
Global Peace Ranking [+]202327ºchart22º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart1,940.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart29.98%2020% Immigrant [+]
% Emigrant [+]202020.07%chart2.34%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart12.10‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart16,887.92017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart6.70‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart1.702021Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%
Population [+]20221,883,008chart25,767,0002021Population [+]
Immigrant stock [+]2020239,422chart7,685,8602020Immigrant stock [+]
Emigrant stock [+]2020380,010chart598,7652020Emigrant stock [+]
HDI [+]20210.863chart0.9512021HDI [+]
Gender Gap Ranking [+]202313ºchart26º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart83.302021Life expectancy [+]
Suicides [+]2021254chart3,1442021Suicides [+]
Suicide rate [+]202113.64chart12.202021Suicide rate [+]
Number of homicides [+]202267chart2182022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.832022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart14.312021CO2 Tons per capita [+]
3112022Annual crude oil production [+]
2,446.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart237,4862021Consumption GWh [+]
Generation GWh [+]20215,538chart246,7862021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20247,465chart25,02003/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/2024977,701chart11,822,99903/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart21,648,82403/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20243,964.40chart971.0103/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart69,306,34512/07/2023Doses administered [+]
Latvia
Australia