Country comparison Latvia vs Bahamas

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Gouvernement
GDP Growth (%) [+]20240%chart3.4%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€14,632M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$15,833M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€35,8502024GDP per capita [+]
GDP per capita [+]2024$23,243chart$38,7922024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart10,6122024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart11,4832024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart78.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€26,5682024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$28,7482024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1732024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1872024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-1.28%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart3,014.62024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart3,262.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart387.12023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart418.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.62%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart422.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart456.92023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart13.48%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart22.40%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€7,5472024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$8,1662024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€9592023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$1,0372023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1,0582023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1,1442023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705
Defence Expenditure P.C. [+]2024$757
Moody's Rating [+]01/26/2024A3B104/07/2025Moody's Rating [+]
S&P Rating [+]05/31/2024AB+11/12/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart642023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart48.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart40º2024RTI Raking [+]
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$1,125.82024NMW [+]
NMW [+]2026€780.0chart€1,018.82024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]02/06/20260.8479
Stock ExchangeYTD % [+]02/06/2026-4.00%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%chart4.00%12/01/2016Key rates [+]
Business
Doing Business [+]202019ºchart119º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart1,332December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart4.27December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart351.352015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart19.6%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart12.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart1,452,4002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€654.9M2023Exports [+]
Exports [+]2024$20,645.2Mchart$708.1M2023Exports [+]
Exports % GDP [+]202447.26%chart4.64%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€3,872.7M2023Imports [+]
Imports [+]2024$23,723.3Mchart$4,187.5M2023Imports [+]
Imports % GDP [+]202454.31%chart27.43%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-3,217.8M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-3,479.9M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-22.79%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart292023Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%chart16.35%2020% Immigrant [+]
% Emigrant [+]202020.07%chart13.83%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.85‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart105.52017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart8.71‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.372023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%
Population [+]20241,860,565chart399,4402023Population [+]
Immigrant stock [+]2020239,422chart63,5832020Immigrant stock [+]
Emigrant stock [+]2020380,010chart53,7932020Emigrant stock [+]
HDI [+]20220.879chart0.8202022HDI [+]
Gender Gap Ranking [+]202430ºchart58º2021Gender Gap Ranking [+]
Life expectancy [+]202476.70chart74.552023Life expectancy [+]
Suicides [+]2023267chart72015Suicides [+]
Suicide rate [+]202314.20chart1.862015Suicide rate [+]
Number of homicides [+]202347chart1282022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart32.202022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart4.042023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart2,0362023Consumption GWh [+]
Generation GWh [+]20236,202chart2,0462023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart84901/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart39,12701/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart166,97205/12/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart2,125.4801/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart366,35905/12/2023Doses administered [+]
Latvia
Bahamas