Country comparison Latvia vs Belarus

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Gouvernement
Qu. GDP Per Capita [+]2025Q15,445K
Annual GDP [+]2024€40,208Mchart€66,377M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$71,792M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€7,2322023GDP per capita [+]
GDP per capita [+]2024$23,243chart$7,8222023GDP per capita [+]
Quarterly GDP [+]2025Q1€10,193M
Debt (M.€.) [+]202418,800chart27,0292023Debt (M.€.) [+]
Debt ($M) [+]202420,607chart29,2342023Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart40.72%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€2,9452023Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$3,1852023Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart4692023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart5072023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart0.71%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart26,759.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart28,942.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart3,629.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart3,558.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart12.81%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart3,113.32022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart3,278.32022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart12.28%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart1,193.32023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart1,290.62023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart50.59%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart40.31%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€2,9162023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$3,1532023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€3932022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$4142022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€3392022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$3572022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€1302023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$1412023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3C06/02/2023Moody's Rating [+]
S&P Rating [+]05/31/2024ANR09/08/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-RD07/18/2022Fitch Rating [+]
Corruption Index [+]202360chart372023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart68.72024Fragile States Index [+]
RTI Raking [+]2024107ºchart138º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart85º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]April 20257.7%
Unemployment rate [+]2025Q17.4%chart0.5%2014Q4Unemployment rate [+]
Unemployed [+]2025Q170Kchart43K2015Q4Unemployed [+]
NMW [+]2025$768.8chart$217.02024NMW [+]
NMW [+]2025€740.0chart€196.32024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
3.188705/09/2023Euro / Belarusian rubles [+]
US Dollar exchange rate [+]06/24/20250.8615chart2.885305/09/2023US Dollar exchange rate [+]
Stock ExchangeYTD % [+]06/21/20252.21%
Prices
CPI (overall index) [+]May 20253.6%chart5.2%December 2024CPI (overall index) [+]
HICP [+]May 20253.7%
PPI Year on Year [+]May 2025-0.6%
Money Market
Key rates [+]06/11/20252.15%chart9.50%06/21/2023Key rates [+]
Business
Doing Business [+]202019ºchart49º2020Doing Business [+]
IPI Year on Year [+]April 20251.9%
Passengers vehicles Year [+]December 202433,318chart56,592December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart6.73December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart397.012020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart13.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart1,492,0002022Annual arrivals [+]
Exports [+]2024€19,075.4Mchart€37,148.1M2023Exports [+]
Exports [+]2024$20,646.8Mchart$40,168.2M2023Exports [+]
Exports % GDP [+]202447.44%chart55.97%2023Exports % GDP [+]
Imports [+]2024€21,903.7Mchart€40,004.0M2023Imports [+]
Imports [+]2024$23,708.1Mchart$43,256.3M2023Imports [+]
Imports % GDP [+]202454.48%chart60.27%2023Imports % GDP [+]
Trade balance [+]2024€-2,828.3Mchart€-2,855.9M2023Trade balance [+]
Trade balance [+]2024$-3,061.3Mchart$-3,088.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.03%chart-4.30%2023Trade balance % GDP [+]
Retail Sales YoY [+]April 20251.3%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart64º2015Global AgeWatch Ranking [+]
Density [+]202329chart442023Density [+]
Global Peace Ranking [+]202430ºchart112º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart3.50‰2018Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,200.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart11.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart15.82%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart7.14‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart982.22017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart13.34‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.212023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.40‰2018Crude marriage rate [+]
% risk of poverty [+]202421.6%chart3.9%2022% risk of poverty [+]
Population [+]20231,871,882chart9,178,0002023Population [+]
Immigrant stock [+]2020239,422chart1,067,0902020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,483,6262020Emigrant stock [+]
HDI [+]20220.879chart0.8012022HDI [+]
Gender Gap Ranking [+]202430ºchart55º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart74.182023Life expectancy [+]
Suicides [+]2022226chart2,1622015Suicides [+]
Suicide rate [+]202212.29chart22.762015Suicide rate [+]
Number of homicides [+]202347chart2252019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.382019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.792023CO2 Tons per capita [+]
282024Annual crude oil production [+]
198.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart39,8832023Consumption GWh [+]
Generation GWh [+]20236,360chart43,5852023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart7,11808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart994,03708/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,414,99609/03/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart775.5508/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart22,511,00009/03/2023Doses administered [+]
Latvia
Belarus