Country comparison Latvia vs Belgium

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart13,143K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€613,984M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$664,564M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€51,8102024GDP per capita [+]
GDP per capita [+]2024$23,243chart$56,2712024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€155,312M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202418,800chart642,8752024Debt (M.€.) [+]
Debt ($M) [+]202420,607chart695,8352024Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart104.70%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€54,4022024Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$58,8842024Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-27,7492024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-30,0352024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.50%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart334,545.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart362,105.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart31,425.52021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart38,190.62021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.32%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart47,958,537,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart51,857,566,058.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart15.19%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart7,241.62023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart7,830.12023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart2.22%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart54.50%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€28,3102024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$30,6432024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2,7132021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$3,2192021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€4,0842023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$4,4162023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€6152023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$6672023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa310/11/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAA11/25/2011S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202360chart732023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart30.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart24º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%chart5.9%March 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart5.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart319K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$2,150.52025NMW [+]
NMW [+]2025€740.0chart€2,070.02025NMW [+]
Average Wage [+]2023$20,067chart$64,1052023Average Wage [+]
Average Wage [+]2024€20,176chart€60,8412024Average Wage [+]
Human Capital Ranking [+]201728ºchart15º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]05/16/20250.8933chart0.893305/16/2025US Dollar exchange rate [+]
3.12%05/16/202510-Year Bond Yield [+]
5405/16/2025Risk Premium [+]
Stock ExchangeYTD % [+]05/16/2025-0.08%chart4.29%05/16/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20253.9%chart2.6%April 2025CPI (overall index) [+]
HICP [+]April 20254.1%chart3.1%April 2025HICP [+]
PPI Year on Year [+]March 20251.9%chart3.2%March 2025PPI Year on Year [+]
Money Market
Key rates [+]04/23/20252.40%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202019ºchart46º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%chart-2.2%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%chart44.1%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart8,220,0002022Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€495,054.0M2024Exports [+]
Exports [+]2024$20,639.8Mchart$535,836.6M2024Exports [+]
Exports % GDP [+]202447.43%chart80.63%2024Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€475,375.8M2024Imports [+]
Imports [+]2024$23,739.0Mchart$514,537.3M2024Imports [+]
Imports % GDP [+]202454.55%chart77.42%2024Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€19,678.1M2024Trade balance [+]
Trade balance [+]2024$-3,099.2Mchart$21,299.3M2024Trade balance [+]
Trade balance % GDP [+]2024-7.12%chart3.20%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart1.1%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202329chart3852023Density [+]
Global Peace Ranking [+]202430ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart17.36%2020% Immigrant [+]
% Emigrant [+]202020.07%chart5.00%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.40‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.40‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.472023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart11.5%2024% risk of poverty [+]
Population [+]20231,871,882chart11,817,0962023Population [+]
Immigrant stock [+]2020239,422chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020380,010chart577,4632020Emigrant stock [+]
HDI [+]20220.879chart0.9422022HDI [+]
Gender Gap Ranking [+]202430ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart82.502023Life expectancy [+]
Suicides [+]2022226chart1,7962022Suicides [+]
Suicide rate [+]202212.29chart15.272022Suicide rate [+]
Number of homicides [+]202347chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart7.182023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart74,5372023Consumption GWh [+]
Generation GWh [+]20236,360chart77,3372023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart34,33908/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart4,872,82908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart2,905.8708/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart31,469,38702/11/2024Doses administered [+]
Latvia
Belgium