Country comparison Latvia vs Belgium

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2024Q15,539Kchart12,647K2024Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€584,699M2023Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$632,217M2023Annual GDP [+]
GDP per capita [+]2023€21,440chart€49,7202023GDP per capita [+]
GDP per capita [+]2023$23,307chart$53,4332023GDP per capita [+]
Quarterly GDP [+]2024Q1€10,368Mchart€149,643M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]202317,581chart614,9332023Debt (M.€.) [+]
Debt ($M) [+]202319,011chart664,9272023Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart105.20%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,392chart€51,9722023Debt Per Capita [+]
Debt Per Capita [+]2023$10,156chart$56,1972023Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-25,9652023Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-28,0762023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-4.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart319,140.52023Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart345,086.62023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart31,550.62021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart37,316.22021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.32%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,899,066,000.0chart44,790,723,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20221,999,716,498.0chart47,164,631,319.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart15.46%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart6,538.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart6,885.12022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart2.23%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart54.60%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,828chart€26,9732023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,546chart$29,1652023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€2,7232021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$3,2202021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,010chart€3,8482022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,064chart$4,0522022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€5602022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$5882022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa304/28/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AAA11/25/2011S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202259chart732022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart29.72018Fragile States Index [+]
RTI Raking [+]2022106ºchart120º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart25º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]May 20246.7%chart5.9%May 2024Unemployment Rate [+]
Unemployment rate [+]2024Q17.2%chart5.7%2024Q1Unemployment rate [+]
Unemployed [+]2024Q169Kchart302K2024Q1Unemployed [+]
NMW [+]2024$773.5chart$2,203.62024NMW [+]
NMW [+]2024€700.0chart€1,994.22024NMW [+]
Average Wage [+]2023$20,067chart$64,1052023Average Wage [+]
Average Wage [+]2023€18,559chart€59,2852023Average Wage [+]
Human Capital Ranking [+]201728ºchart15º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]07/19/20240.9183chart0.918307/19/2024US Dollar exchange rate [+]
3.02%07/19/202410-Year Bond Yield [+]
5607/19/2024Risk Premium [+]
Stock ExchangeYTD % [+]07/19/2024-19.67%chart7.43%07/19/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]June 20241.4%chart3.7%June 2024CPI (overall index) [+]
HICP [+]June 20241.5%chart5.4%June 2024HICP [+]
PPI Year on Year [+]May 2024-6.7%chart-2.6%April 2024PPI Year on Year [+]
Money Market
Key rates [+]06/12/20244.25%chart4.25%06/12/2024Key rates [+]
Business
Doing Business [+]202019ºchart46º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%chart3.0%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart366,333December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
276,5542022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart44.8%2022Tax 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 [+]20191,934,800chart9,343,3242019Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€522,482.2M2023Exports [+]
Exports [+]2023$22,446.0Mchart$562,439.0M2023Exports [+]
Exports % GDP [+]202351.93%chart89.36%2023Exports % GDP [+]
Imports [+]2023€25,323.4Mchart€506,969.1M2023Imports [+]
Imports [+]2023$27,114.4Mchart$546,764.8M2023Imports [+]
Imports % GDP [+]202362.76%chart86.71%2023Imports % GDP [+]
Trade balance [+]2023€-4,368.9Mchart€15,513.1M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$15,674.2M2023Trade balance [+]
Trade balance % GDP [+]2023-10.83%chart2.65%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart-6.2%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202329chart3882023Density [+]
Global Peace Ranking [+]202327ºchart20º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.70‰2022Crude divorce rate [+]
Remittance received ($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 [+]20221.47chart1.532022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart4.20‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart12.3%2023% risk of poverty [+]
Population [+]20231,871,882chart11,832,0492023Population [+]
Immigrant stock [+]2020239,422chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020380,010chart577,4632020Emigrant stock [+]
HDI [+]20210.863chart0.9372021HDI [+]
Gender Gap Ranking [+]202313ºchart10º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart82.502023Life expectancy [+]
Suicides [+]2021254chart1,6742021Suicides [+]
Suicide rate [+]202113.64chart14.282021Suicide rate [+]
Number of homicides [+]202267chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart7.722022CO2 Tons per capita [+]
Consumption GWh [+]20225,982chart79,9722022Consumption GWh [+]
Generation GWh [+]20224,045chart90,8932022Generation GWh [+]
Others
COVID-19 - Deaths [+]07/07/20247,475chart34,33907/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]07/07/2024977,765chart4,865,82207/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]07/07/20243,993.31chart2,902.2007/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart31,469,38702/11/2024Doses administered [+]