Unemployment

3.0%

0.2

Unemployment

3.7%

-0.2

CPI

3.2%

-0.6

CPI

4.3%

0.1

CPI

4.8%

-0.2

CPI

0.8%

-1.0

CPI

3.4%

-0.6

CPI

3.2%

-0.3

  1. Countries data: Demographic and economy

Country comparison Latvia vs Belarus

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2023Q35,400K
Annual GDP [+]2022€38,870Mchart€69,382M2022Annual GDP [+]
Annual GDP [+]2022$42,225Mchart$73,120M2022Annual GDP [+]
GDP per capita [+]2022€20,610chart€7,4582022GDP per capita [+]
GDP per capita [+]2022$22,424chart$7,8602022GDP per capita [+]
Quarterly GDP [+]2023Q3€10,102M
Debt (M.€.) [+]202215,948chart27,5812022Debt (M.€.) [+]
Debt ($M) [+]202217,569chart29,0672022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart39.75%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€2,9652022Debt Per Capita [+]
Debt Per Capita [+]2022$9,330chart$3,1242022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-3,3732022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-3,5542022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-4.86%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart25,547.72022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.4chart26,924.12022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart2,660.62020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart3,036.42020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart16.54%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart2,009.02017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart2,268.82017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart10.62%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart834.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022865.6chart879.82022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart32.12%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart36.82%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€2,7462022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$2,8942022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€2832020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$3232020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€2122017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$2402017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€902022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$460chart$952022Defence Expenditure P.C. [+]
Moody's Rating [+]04/29/2022A3C06/02/2023Moody's Rating [+]
S&P Rating [+]12/06/2022A+NR09/08/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-RD07/18/2022Fitch Rating [+]
Corruption Index [+]202259chart392022Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]201844.9chart70.52018Fragile States Index [+]
RTI Raking [+]2022106ºchart133º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart86º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20236.5%
Unemployment rate [+]2023Q26.4%chart0.5%2014Q4Unemployment rate [+]
Unemployed [+]2023Q261Kchart43K2015Q4Unemployed [+]
NMW [+]2023$661.3chart$183.72022NMW [+]
NMW [+]2023€620.0chart€169.02022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
3.188705/09/2023Euro / Belarusian rubles [+]
US Dollar exchange rate [+]12/08/20230.9279chart2.885305/09/2023US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/30/2023-0.10%
Prices
CPI (overall index) [+]November 20231.0%chart10.4%January 2022CPI (overall index) [+]
HICP [+]November 20231.1%
PPI Year on Year [+]October 2023-14.3%
Money Market
Key rates [+]09/20/20234.50%chart9.50%06/21/2023Key rates [+]
Business
Doing Business [+]202019ºchart49º2020Doing Business [+]
IPI Year on Year [+]October 20230.5%
Passengers vehicles Year [+]December 202216,739chart56,592December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart6.73December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart395.752020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%
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 [+]20191,934,800chart2,201,0002019Annual arrivals [+]
Exports [+]2022€22,954.8Mchart€33,812.9M2021Exports [+]
Exports [+]2022$24,171.4Mchart$39,990.5M2021Exports [+]
Exports % GDP [+]202259.06%chart58.67%2021Exports % GDP [+]
Imports [+]2022€28,121.4Mchart€35,167.5M2021Imports [+]
Imports [+]2022$29,611.8Mchart$41,592.6M2021Imports [+]
Imports % GDP [+]202272.35%chart61.02%2021Imports % GDP [+]
Trade balance [+]2022€-5,166.6Mchart€-1,354.6M2021Trade balance [+]
Trade balance [+]2022$-5,440.4Mchart$-1,602.1M2021Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart-2.35%2021Trade balance % GDP [+]
Retail Sales YoY [+]October 2023-2.6%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart64º2015Global AgeWatch Ranking [+]
Density [+]202229chart452022Density [+]
Global Peace Ranking [+]202327ºchart116º2023Global Peace Ranking [+]
Crude divorce rate [+]20212.50‰chart3.50‰2018Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,200.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart11.34%2020% Immigrant [+]
% Emigrant [+]202020.07%chart15.77%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart9.28‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart982.22017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart16.54‰2021Crude death rate [+]
Fertility Rate [+]20211.57chart1.482021Fertility Rate [+]
Crude marriage rate [+]20216.00‰chart6.40‰2018Crude marriage rate [+]
% risk of poverty [+]202222.5%chart4.8%2020% risk of poverty [+]
Population [+]20221,883,008chart9,303,0002022Population [+]
Immigrant stock [+]2020239,422chart1,067,0902020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,483,6262020Emigrant stock [+]
HDI [+]20210.863chart0.8082021HDI [+]
Gender Gap Ranking [+]202313ºchart41º2023Gender Gap Ranking [+]
Life expectancy [+]202274.80chart72.372021Life expectancy [+]
Suicides [+]2021254chart2,1622015Suicides [+]
Suicide rate [+]202113.40chart22.762015Suicide rate [+]
Number of homicides [+]202157chart2252019Number of homicides [+]
Rate Homicides per 100.000 [+]20213.04chart2.332019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart6.212021CO2 Tons per capita [+]
322022Annual crude oil production [+]
198.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart40,8372021Consumption GWh [+]
Generation GWh [+]20215,538chart43,8672021Generation GWh [+]
Others
COVID-19 - Deaths [+]12/06/20237,412chart7,11812/06/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/06/2023976,798chart994,03712/06/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,356,03509/03/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/06/20233,936.26chart765.1312/06/2023COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart22,511,00009/03/2023Doses administered [+]
Latvia
Belarus