Rate

4.50%

0.25

CPI

6.7%

-0.1

CPI

11.4%

-0.4

CPI

5.5%

-0.5

CPI

4.8%

0.6

Unemployment

3.0%

0

Unemployment

6.9%

-0.3

Unemployment

7.5%

-0.8

  1. Countries data: Demographic and economy

Country comparison Latvia vs Azerbaijan

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2023Q25,430K
Annual GDP [+]2022€39,063Mchart€74,645M2022Annual GDP [+]
Annual GDP [+]2022$42,225Mchart$78,721M2022Annual GDP [+]
GDP per capita [+]2022€20,710chart€7,3712022GDP per capita [+]
GDP per capita [+]2022$22,424chart$7,7732022GDP per capita [+]
Quarterly GDP [+]2023Q2€10,225M
Debt (M.€.) [+]202215,947chart13,7142022Debt (M.€.) [+]
Debt ($M) [+]202217,569chart14,4532022Debt ($M) [+]
Debt (%GDP) [+]202240.80%chart20.68%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,469chart€1,3542022Debt Per Capita [+]
Debt Per Capita [+]2022$9,330chart$1,4272022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,721chart4,0462022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart4,2642022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.40%chart6.10%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,714.1chart19,544.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.4chart20,596.92022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart1,153.62019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart1,291.62019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart11.48%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart368.22017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart415.82017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart2.81%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2021766.6chart2,432.22021Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2021906.5chart2,878.62021Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20214.76%chart14.19%2021Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.20%chart29.46%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€1,9302022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$2,0342022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€1162019Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$1292019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€372017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$422017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2021€407chart€2402021Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2021$479chart$2842021Defence Expenditure P.C. [+]
Moody's Rating [+]04/29/2022A3Ba108/05/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+BB+01/22/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB+04/10/2020Fitch Rating [+]
Corruption Index [+]202259chart232022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart58º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart74.62018Fragile States Index [+]
RTI Raking [+]01/01/201990ºchart17º09/28/2018RTI Raking [+]
Innovation Ranking [+]201834ºchart82º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20236.6%
Unemployment rate [+]2023Q26.4%chart5.0%2016Q4Unemployment rate [+]
Unemployed [+]2023Q261Kchart253K2016Q4Unemployed [+]
NMW [+]2023$661.3chart$176.52022NMW [+]
NMW [+]2023€620.0chart€155.72022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728ºchart54º2016Human Capital Ranking [+]
Markets
1.810909/22/2023Euro / Manat [+]
US Dollar exchange rate [+]09/22/20230.9392chart1.700009/22/2023US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/30/2023-0.10%
Prices
CPI (overall index) [+]August 20235.3%
HICP [+]August 20235.6%
PPI Year on Year [+]August 2023-14.8%
Money Market
Key rates [+]09/20/20234.50%chart9.00%05/04/2023Key rates [+]
Business
Doing Business [+]202019ºchart28º2020Doing Business [+]
IPI Year on Year [+]July 2023-8.6%
Passengers vehicles Year [+]December 202216,739chart6,046December 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) [+]202130.6%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]20191,934,800chart2,863,5002019Annual arrivals [+]
Exports [+]2022€22,982.2Mchart€18,345.1M2021Exports [+]
Exports [+]2022$24,200.3Mchart$21,696.7M2021Exports [+]
Exports % GDP [+]202258.83%chart39.75%2021Exports % GDP [+]
Imports [+]2022€28,121.4Mchart€9,771.2M2021Imports [+]
Imports [+]2022$29,611.8Mchart$11,556.4M2021Imports [+]
Imports % GDP [+]202271.99%chart21.17%2021Imports % GDP [+]
Trade balance [+]2022€-5,139.2Mchart€8,573.9M2021Trade balance [+]
Trade balance [+]2022$-5,411.6Mchart$10,140.3M2021Trade balance [+]
Trade balance % GDP [+]2022-13.16%chart18.58%2021Trade balance % GDP [+]
Retail Sales YoY [+]July 2023-3.5%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202229chart1172022Density [+]
Global Peace Ranking [+]202235ºchart128º2022Global Peace Ranking [+]
Crude divorce rate [+]20212.50‰chart1.40‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,050.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.49%2020% Immigrant [+]
% Emigrant [+]202020.07%chart11.50%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart12.10‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart285.02017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart6.00‰2022Crude death rate [+]
Fertility Rate [+]20211.57chart1.522021Fertility Rate [+]
Crude marriage rate [+]20216.00‰chart3.49‰2020Crude marriage rate [+]
% risk of poverty [+]202222.5%chart6.0%2012% risk of poverty [+]
Population [+]20221,883,008chart10,127,1452022Population [+]
Immigrant stock [+]2020239,422chart252,2282020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,163,9222020Emigrant stock [+]
HDI [+]20210.863chart0.7452021HDI [+]
Gender Gap Ranking [+]202226ºchart101º2022Gender Gap Ranking [+]
Life expectancy [+]202274.80chart69.372021Life expectancy [+]
Suicides [+]2021254chart3192015Suicides [+]
Suicide rate [+]202113.40chart3.282015Suicide rate [+]
Number of homicides [+]202157chart1972021Number of homicides [+]
Rate Homicides per 100.000 [+]20213.04chart1.912021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart3.652021CO2 Tons per capita [+]
6672022Annual crude oil production [+]
7,000.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart24,6192021Consumption GWh [+]
Generation GWh [+]20215,538chart26,3002021Generation GWh [+]
Others
COVID-19 - Deaths [+]09/21/20237,378chart10,30209/21/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/21/2023975,910chart832,43809/21/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,862,49408/28/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/21/20233,918.20chart1,017.2709/21/2023COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart13,857,11108/28/2022Doses administered [+]
Latvia
Azerbaijan