Country comparison Latvia vs Barbados

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€6,214M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$6,721M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€22,0092023GDP per capita [+]
GDP per capita [+]2024$23,243chart$23,8052023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202418,800chart6,9142024Debt (M.€.) [+]
Debt ($M) [+]202420,607chart7,4812024Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart102.92%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€24,4872024Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$26,4972024Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-882024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-952024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-1.31%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart1,978.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart2,140.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart318.52023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart236.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart13.60%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart157.22022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart165.62022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart8.74%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8
Defence Expenditure ($M) [+]2023965.3
Defence Expenditure (%Bud.) [+]20235.63%
Expenditure (%GDP) [+]202445.70%chart29.46%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€7,0082024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$7,5832024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€1,1282023Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$1,2202023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€5572022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$5862022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475
Defence Expenditure P.C. [+]2023$513
Moody's Rating [+]01/26/2024A3B204/14/2025Moody's Rating [+]
S&P Rating [+]05/31/2024AB11/05/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-B+00/00/0000Fitch Rating [+]
Corruption Index [+]202360chart692023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart77º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart44.72024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart77º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%
Unemployment rate [+]2024Q46.9%chart11.9%2015Q2Unemployment rate [+]
Unemployed [+]2024Q464Kchart17K2015Q2Unemployed [+]
NMW [+]2025$768.8chart$736.72024NMW [+]
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart79º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]05/21/20250.8833
Stock ExchangeYTD % [+]05/21/20250.00%
Prices
CPI (overall index) [+]April 20253.9%
HICP [+]April 20254.0%
PPI Year on Year [+]March 20251.9%
Money Market
Key rates [+]04/23/20252.40%
Business
Doing Business [+]202019ºchart128º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35chart387.322015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%chart30.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart17.50%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart28.5%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart539,7002022Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€425.9M2023Exports [+]
Exports [+]2024$20,667.0Mchart$460.5M2023Exports [+]
Exports % GDP [+]202447.49%chart6.85%2023Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€1,950.7M2023Imports [+]
Imports [+]2024$23,741.5Mchart$2,109.3M2023Imports [+]
Imports % GDP [+]202454.55%chart31.39%2023Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-1,524.8M2023Trade balance [+]
Trade balance [+]2024$-3,074.5Mchart$-1,606.2M2023Trade balance [+]
Trade balance % GDP [+]2024-7.06%chart-24.54%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart6572023Density [+]
Global Peace Ranking [+]202430ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart111.72017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart12.11%2020% Immigrant [+]
% Emigrant [+]202020.07%chart34.59%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart11.17‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart20.12017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart10.61‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.712023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%
Population [+]20231,871,882chart282,3362023Population [+]
Immigrant stock [+]2020239,422chart34,8692020Immigrant stock [+]
Emigrant stock [+]2020380,010chart99,6112020Emigrant stock [+]
HDI [+]20220.879chart0.8092022HDI [+]
Gender Gap Ranking [+]202430ºchart31º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart76.182023Life expectancy [+]
Suicides [+]2022226chart12015Suicides [+]
Suicide rate [+]202212.29chart0.422015Suicide rate [+]
Number of homicides [+]202347chart432022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart15.232022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart2.762023CO2 Tons per capita [+]
12024Annual crude oil production [+]
2.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart1,0252023Consumption GWh [+]
Generation GWh [+]20236,360chart1,0902023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart59308/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart108,58208/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart155,04712/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart2,100.3308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart384,04912/29/2023Doses administered [+]
Latvia
Barbados