Country comparison Latvia vs Azerbaijan

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€66,873M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$72,356M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€6,5692023GDP per capita [+]
GDP per capita [+]2024$23,250chart$7,1072023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart12,9552022Debt (M.€.) [+]
Debt ($M) [+]202319,015chart13,6532022Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart17.32%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€1,2792022Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$1,3482022Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart4,4582022Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart4,6982022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart5.96%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart19,575.72022Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart20,630.42022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart2,171.62022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart2,401.22022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart2.90%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart900.72022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart949.92022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart4.61%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart3,077.62023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart3,329.92023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart14.71%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart26.18%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€1,9332022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$2,0372022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2162022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$2272022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€872022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$922022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€3022023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$3272023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba107/05/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABB+01/22/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB+04/10/2020Fitch Rating [+]
Corruption Index [+]202360chart232023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart58º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart72.82024Fragile States Index [+]
RTI Raking [+]2024107ºchart50º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart95º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20256.9%
Unemployment rate [+]2024Q46.9%chart5.0%2016Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart253K2016Q4Unemployed [+]
NMW [+]2025$768.8chart$202.92024NMW [+]
NMW [+]2025€740.0chart€183.82024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart54º2016Human Capital Ranking [+]
Markets
1.791811/16/2024Euro / Manat [+]
US Dollar exchange rate [+]04/17/20250.8803chart1.700011/16/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/17/2025-0.44%
Prices
CPI (overall index) [+]March 20253.4%
HICP [+]March 20253.5%
PPI Year on Year [+]February 20250.5%
Money Market
Key rates [+]03/12/20252.65%chart7.25%05/02/2024Key rates [+]
Business
Doing Business [+]202019ºchart28º2020Doing Business [+]
IPI Year on Year [+]February 20253.1%
Passengers vehicles Year [+]December 202433,318chart6,046December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.67December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart134.142015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart19.6%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart1,508,0002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€31,349.9M2023Exports [+]
Exports [+]2024$20,472.4Mchart$33,898.6M2023Exports [+]
Exports % GDP [+]202447.04%chart46.88%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€15,985.7M2023Imports [+]
Imports [+]2024$23,710.0Mchart$17,285.3M2023Imports [+]
Imports % GDP [+]202454.48%chart23.90%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€15,364.2M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$16,613.3M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart22.98%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart1182023Density [+]
Global Peace Ranking [+]202430ºchart106º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.60‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,050.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.49%2020% Immigrant [+]
% Emigrant [+]202020.07%chart11.50%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart11.10‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart285.02017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart5.90‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.672022Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.10‰2022Crude marriage rate [+]
% risk of poverty [+]202421.6%chart6.0%2012% risk of poverty [+]
Population [+]20231,871,882chart10,180,7702023Population [+]
Immigrant stock [+]2020239,422chart252,2282020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,163,9222020Emigrant stock [+]
HDI [+]20220.879chart0.7602022HDI [+]
Gender Gap Ranking [+]202430ºchart103º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart73.492022Life expectancy [+]
Suicides [+]2022226chart3192015Suicides [+]
Suicide rate [+]202212.29chart3.282015Suicide rate [+]
Number of homicides [+]202347chart2452022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.382022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart4.142023CO2 Tons per capita [+]
5912024Annual crude oil production [+]
7,000.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart23,8572023Consumption GWh [+]
Generation GWh [+]20236,360chart29,0882023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart10,35308/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart835,75708/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,862,49408/28/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,016.9208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart13,857,11108/28/2022Doses administered [+]
Latvia
Azerbaijan