AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompareHomicides rate per 100,000 population Latvia vs Belgium comparison Latvia Belgium GouvernementQu. GDP Per Capita [+]2024Q25,554K12,760K2024Q2Qu. GDP Per Capita [+]Annual GDP [+]2023€40,348M€584,699M2023Annual GDP [+]Annual GDP [+]2023$43,627M$632,217M2023Annual GDP [+]GDP per capita [+]2023€21,440€49,7202023GDP per capita [+]GDP per capita [+]2023$23,307$53,4332023GDP per capita [+]Quarterly GDP [+]2024Q2€10,397M€150,981M2024Q2Quarterly GDP [+]Debt (M.€.) [+]202317,581614,9332023Debt (M.€.) [+]Debt ($M) [+]202319,011664,9272023Debt ($M) [+]Debt (%GDP) [+]202343.60%105.20%2023Debt (%GDP) [+]Debt Per Capita [+]2023€9,392€51,9722023Debt Per Capita [+]Debt Per Capita [+]2023$10,156$56,1972023Debt Per Capita [+]Deficit (M.€) [+]2023-893-25,9652023Deficit (M.€) [+]Deficit ($M) [+]2023-966-28,0762023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.20%-4.40%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202316,525.3319,140.52023Expenditure (M.€) [+]Expenditure ($M) [+]202317,868.8345,086.62023Expenditure ($M) [+]Education Expenditure (M.€) [+]20211,874.231,550.62021Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20212,216.737,316.22021Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202112.65%11.32%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20221,899,066,000.044,790,723,000.02022Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20221,999,716,498.047,164,631,319.02022Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202114.19%15.46%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2022786.96,538.32022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2022828.66,885.12022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20225.16%2.23%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202341.00%54.60%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€8,828€26,9732023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$9,546$29,1652023Expenditure Per Capita [+]Education Expenditure P.C [+]2021€995€2,7232021Education Expenditure P.C [+]Education Expenditure P.C [+]2021$1,155$3,2202021Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€1,010€3,8482022Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2022$1,064$4,0522022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€417€5602022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$450$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 [+]202259732022Corruption Index [+]Competitiveness Ranking [+]201941º22º2019Competitiveness Ranking [+]Fragile States Index [+]201844.929.72018Fragile States Index [+]RTI Raking [+]2022106º120º2022RTI Raking [+]Innovation Ranking [+]201834º25º2018Innovation Ranking [+]LabourUnemployment Rate [+]July 20246.9%5.4%July 2024Unemployment Rate [+]Unemployment rate [+]2024Q26.9%5.3%2024Q2Unemployment rate [+]Unemployed [+]2024Q266K284K2024Q2Unemployed [+]NMW [+]2024$759.6$2,246.92024NMW [+]NMW [+]2024€700.0€2,070.52024NMW [+]Average Wage [+]2023$20,067$64,1052023Average Wage [+]Average Wage [+]2023€18,559€59,2852023Average Wage [+]Human Capital Ranking [+]201728º15º2017Human Capital Ranking [+]MarketsUS Dollar exchange rate [+]09/27/20240.89620.896209/27/2024US Dollar exchange rate [+]2.77%09/27/202410-Year Bond Yield [+]6309/27/2024Risk Premium [+]Stock ExchangeYTD % [+]09/27/2024-24.21%16.46%09/27/2024Stock ExchangeYTD % [+]PricesCPI (overall index) [+]August 20240.8%2.9%August 2024CPI (overall index) [+]HICP [+]August 20240.9%4.3%August 2024HICP [+]PPI Year on Year [+]May 2024-6.7%-2.6%April 2024PPI Year on Year [+]Money MarketKey rates [+]09/18/20243.65%3.65%09/18/2024Key rates [+]BusinessDoing Business [+]202019º46º2020Doing Business [+]IPI Year on Year [+]April 2024-7.8%3.0%April 2024IPI Year on Year [+]Passengers vehicles Year [+]December 202216,739366,333December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.2036.75December 2022Annual Vehicles/ 1,000 p. [+]276,5542022Motor vehicle production [+]Vehicles / 1,000 people [+]2021457.35591.192021Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202230.5%44.8%2022Tax Revenue (%GDP) [+]Standard VAT [+]07/01/201221.00%21.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202231.4%60.2%2022Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,934,8009,343,3242019Annual arrivals [+]Exports [+]2023€20,954.5M€522,482.2M2023Exports [+]Exports [+]2023$22,446.0M$562,439.0M2023Exports [+]Exports % GDP [+]202351.93%89.36%2023Exports % GDP [+]Imports [+]2023€25,317.9M€506,969.1M2023Imports [+]Imports [+]2023$27,114.4M$546,764.8M2023Imports [+]Imports % GDP [+]202362.75%86.71%2023Imports % GDP [+]Trade balance [+]2023€-4,363.4M€15,513.1M2023Trade balance [+]Trade balance [+]2023$-4,668.4M$15,674.2M2023Trade balance [+]Trade balance % GDP [+]2023-10.81%2.65%2023Trade balance % GDP [+]Retail Sales YoY [+]December 20232.4%-6.2%December 2023Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201535º24º2015Global AgeWatch Ranking [+]Density [+]2023293882023Density [+]Global Peace Ranking [+]202327º20º2023Global Peace Ranking [+]Crude divorce rate [+]20222.90‰1.70‰2022Crude divorce rate [+]Remittance received ($M) [+]20171,090.010,273.02017Remittance received ($M) [+]% Immigrant [+]202012.65%17.36%2020% Immigrant [+]% Emigrant [+]202020.07%5.00%2020% Emigrant [+]Birth Rate [+]20237.70‰9.40‰2023Birth Rate [+]Remittance sent ($M) [+]2017335.26,021.62017Remittance sent ($M) [+]Crude death rate [+]202314.90‰9.40‰2023Crude death rate [+]Fertility Rate [+]20221.471.532022Fertility Rate [+]Crude marriage rate [+]20226.30‰4.20‰2022Crude marriage rate [+]% risk of poverty [+]202322.5%12.3%2023% risk of poverty [+]Population [+]20231,871,88211,832,0492023Population [+]Immigrant stock [+]2020239,4222,005,4792020Immigrant stock [+]Emigrant stock [+]2020380,010577,4632020Emigrant stock [+]HDI [+]20210.8630.9372021HDI [+]Gender Gap Ranking [+]202313º10º2023Gender Gap Ranking [+]Life expectancy [+]202375.9082.502023Life expectancy [+]Suicides [+]20212541,6742021Suicides [+]Suicide rate [+]202113.6414.282021Suicide rate [+]Number of homicides [+]2022671252021Number of homicides [+]Rate Homicides per 100.000 [+]20223.621.082021Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.617.722022CO2 Tons per capita [+]Consumption GWh [+]20225,98279,9722022Consumption GWh [+]Generation GWh [+]20224,04590,8932022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20247,47534,33908/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/2024977,7654,872,82908/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,9769,170,94502/11/2024Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20243,993.312,902.2008/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]07/11/20222,895,71631,469,38702/11/2024Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,871,882Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EUBelgiumCountrySubcontinentContinentWorldCapital: BrusselsPopulation: 11,832,049Surface Area: 30,530 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EU Compare Afghanistan Latvia Compare Albania Latvia Compare Algeria Latvia Compare Andorra Latvia Compare Angola Latvia Compare Antigua and Barbuda Latvia Compare Argentina Latvia Compare Armenia Latvia Compare Australia Latvia Compare Austria Latvia Compare Azerbaijan Latvia Compare Bahamas Latvia Compare Bahrain Latvia Compare Bangladesh Latvia Compare Barbados Latvia Compare Belarus Latvia Compare Belgium Latvia Compare Belize Latvia Compare Benin Latvia Compare Bhutan Latvia Compare Bolivia Latvia Compare Bosnia and Herzegovina Latvia Compare Botswana Latvia Compare Brazil Latvia Compare Brunei Latvia Compare Bulgaria Latvia Compare Burkina Faso Latvia Compare Burundi Latvia Compare Cabo Verde Latvia Compare Cambodia Latvia Compare Cameroon Latvia Compare Canada Latvia Compare Central African Republic Latvia Compare Chad Latvia Compare Chile Latvia Compare China Latvia Compare Colombia Latvia Compare Comoros Latvia Compare Costa Rica Latvia Compare Côte d'Ivoire Latvia Compare Croatia Latvia Compare Cuba Latvia Compare Cyprus Latvia Compare Czechia Latvia Compare Democratic Republic of the Congo Latvia Compare Denmark Latvia Compare Djibouti Latvia Compare Dominica Latvia Compare Dominican Republic Latvia Compare Ecuador Latvia Compare Egypt Latvia Compare El Salvador Latvia Compare Equatorial Guinea Latvia Compare Eritrea Latvia Compare Estonia Latvia Compare Eswatini Latvia Compare Ethiopia Latvia Compare Euro zone Latvia Compare Federated States of Micronesia Latvia Compare Fiji Latvia Compare Finland Latvia Compare France Latvia Compare Gabon Latvia Compare Georgia Latvia Compare Germany Latvia Compare Ghana Latvia Compare Greece Latvia Compare 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