Unemployment

4.4%

0

CPI

2.0%

0

CPI

0.8%

0.1

Unemployment

3.8%

-0.2

CPI

271.5%

-4.9

CPI

2.1%

-0.1

CPI

3.4%

-0.2

CPI

3.0%

-0.3

  1. Countries data: Demographic and economy

Country comparison Latvia vs Austria

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Gouvernement
Qu. GDP Per Capita [+]2024Q15,539Kchart13,286K2024Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€478,190M2023Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$516,034M2023Annual GDP [+]
GDP per capita [+]2023€21,440chart€52,3702023GDP per capita [+]
GDP per capita [+]2023$23,307chart$56,3432023GDP per capita [+]
Quarterly GDP [+]2024Q1€10,368Mchart€121,680M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]202317,581chart371,1432023Debt (M.€.) [+]
Debt ($M) [+]202319,011chart401,3162023Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart77.80%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,392chart€40,5232023Debt Per Capita [+]
Debt Per Capita [+]2023$10,156chart$43,8182023Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-12,6712023Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-13,7012023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-2.70%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart248,782.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart269,008.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart21,352.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart22,485.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart8.98%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,899,066,000.0chart40,333,370,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20221,999,716,498.0chart43,612,472,981.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart16.89%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart3,455.22022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart3,638.52022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart1.52%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart52.10%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,828chart€27,1632023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,546chart$29,3722023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€2,3592022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$2,4922022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,010chart€4,4302023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,064chart$4,7902023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€3822022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$4032022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa102/24/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AAA+08/26/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA+05/15/2020Fitch Rating [+]
Corruption Index [+]202259chart712022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart21º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart26.22018Fragile States Index [+]
RTI Raking [+]2022106ºchart135º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart21º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]May 20246.7%chart5.0%May 2024Unemployment Rate [+]
Unemployment rate [+]2024Q17.2%chart5.5%2024Q1Unemployment rate [+]
Unemployed [+]2024Q169Kchart257K2024Q1Unemployed [+]
NMW [+]2024$773.5
NMW [+]2024€700.0
Average Wage [+]2023$20,067chart$61,7232023Average Wage [+]
Average Wage [+]2023€18,559chart€57,0822023Average Wage [+]
Human Capital Ranking [+]201728ºchart10º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]07/26/20240.9208chart0.920807/26/2024US Dollar exchange rate [+]
2.90%07/26/202410-Year Bond Yield [+]
5007/26/2024Risk Premium [+]
Stock ExchangeYTD % [+]07/26/2024-23.76%chart6.89%07/26/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]June 20241.4%chart3.0%June 2024CPI (overall index) [+]
HICP [+]June 20241.5%chart3.1%June 2024HICP [+]
PPI Year on Year [+]May 2024-6.7%chart-8.6%April 2024PPI Year on Year [+]
Money Market
Key rates [+]06/12/20244.25%chart4.25%06/12/2024Key rates [+]
Business
Doing Business [+]202019ºchart27º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%chart-1.4%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart215,050December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart26.88December 2022Annual Vehicles/ 1,000 p. [+]
107,5002022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart636.142021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart43.4%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2016Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart55.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart31,883,7312019Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€207,254.5M2023Exports [+]
Exports [+]2023$22,446.0Mchart$223,549.2M2023Exports [+]
Exports % GDP [+]202351.93%chart43.34%2023Exports % GDP [+]
Imports [+]2023€25,323.4Mchart€209,277.5M2023Imports [+]
Imports [+]2023$27,114.4Mchart$224,542.6M2023Imports [+]
Imports % GDP [+]202362.76%chart43.76%2023Imports % GDP [+]
Trade balance [+]2023€-4,368.9Mchart€-2,023.0M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-993.4M2023Trade balance [+]
Trade balance % GDP [+]2023-10.83%chart-0.42%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart-3.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart13º2015Global AgeWatch Ranking [+]
Density [+]202329chart1092023Density [+]
Global Peace Ranking [+]202327ºchart5º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.70‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart2,933.82017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart19.46%2020% Immigrant [+]
% Emigrant [+]202020.07%chart6.73%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart8.50‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,083.32017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.80‰2023Crude death rate [+]
Fertility Rate [+]20221.47chart1.412022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.40‰2020Crude marriage rate [+]
% risk of poverty [+]202322.5%chart14.9%2023% risk of poverty [+]
Population [+]20231,871,882chart9,158,7502023Population [+]
Immigrant stock [+]2020239,422chart1,738,1832020Immigrant stock [+]
Emigrant stock [+]2020380,010chart600,7402020Emigrant stock [+]
HDI [+]20210.863chart0.9162021HDI [+]
Gender Gap Ranking [+]202313ºchart47º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart81.602023Life expectancy [+]
Suicides [+]2021254chart1,3142022Suicides [+]
Suicide rate [+]202113.64chart14.432022Suicide rate [+]
Number of homicides [+]202267chart792022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.882022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart6.942022CO2 Tons per capita [+]
92023Annual crude oil production [+]
35.22021Crude Oil Reserves [+]
Consumption GWh [+]20225,982chart65,1682022Consumption GWh [+]
Generation GWh [+]20224,045chart59,7072022Generation GWh [+]
Others
COVID-19 - Deaths [+]07/07/20247,475chart22,53407/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]07/07/2024977,765chart6,082,39007/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,683,26306/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]07/07/20243,993.31chart2,460.3807/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart20,468,73106/30/2023Doses administered [+]
Latvia
Austria