Country comparison Latvia vs Bhutan

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20252.1%chart5.0%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q45,942K
Annual GDP [+]2025€43,026Mchart€2,703M2023Annual GDP [+]
Annual GDP [+]2025$48,619Mchart$2,923M2023Annual GDP [+]
GDP per capita [+]2025€23,410chart€3,4432023GDP per capita [+]
GDP per capita [+]2025$26,131chart$3,7242023GDP per capita [+]
Quarterly GDP [+]2025Q4€11,055M
Debt (M.€.) [+]202418,802chart3,0802024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart3,3322024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart107.78%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€3,9232024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$4,2452024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-52024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-52024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-0.17%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart776.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart840.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.9chart158.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart169.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart22.22%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847.5chart78.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999.7chart85.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart10.20%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,324.4
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart27.19%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€9902024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$1,0712024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2012023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2182023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1002023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€710
Defence Expenditure P.C. [+]2024$757
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart682023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart82º2017Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart64.52024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart96º2016Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20266.9%
Unemployment rate [+]2025Q46.7%
Unemployed [+]2025Q464K
NMW [+]2026$916.5chart$45.42023NMW [+]
NMW [+]2026€780.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart91º2016Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/13/20260.8714
Stock ExchangeYTD % [+]03/13/2026-2.30%
Prices
CPI (overall index) [+]February 20262.3%
PPI Year on Year [+]January 20261.2%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart89º2020Doing Business [+]
IPI Year on Year [+]January 202613.3%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart11.6%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart20,9002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€592.5M2023Exports [+]
Exports [+]2025$22,153.1Mchart$640.7M2023Exports [+]
Exports % GDP [+]202545.57%chart21.92%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€1,213.9M2023Imports [+]
Imports [+]2025$26,277.9Mchart$1,312.6M2023Imports [+]
Imports % GDP [+]202554.05%chart44.92%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-621.4M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-604.5M2023Trade balance [+]
Trade balance % GDP [+]2025-8.48%chart-22.99%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 20265.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart202023Density [+]
Global Peace Ranking [+]202430ºchart21º2024Global Peace Ranking [+]
Crude divorce rate [+]20242.80‰
Remittance received ($M) [+]20171,090.0chart40.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.96%2020% Immigrant [+]
% Emigrant [+]202020.07%chart6.75%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart12.66‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart196.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.11‰2023Crude death rate [+]
Fertility Rate [+]20241.24chart1.462023Fertility Rate [+]
Crude marriage rate [+]20245.50‰
% risk of poverty [+]202522.0%chart12.4%2022% risk of poverty [+]
Population [+]20241,860,565chart785,0002023Population [+]
Immigrant stock [+]2020239,422chart53,6122020Immigrant stock [+]
Emigrant stock [+]2020380,010chart51,9982020Emigrant stock [+]
HDI [+]20220.879chart0.6812022HDI [+]
Gender Gap Ranking [+]202430ºchart124º2024Gender Gap Ranking [+]
Life expectancy [+]202476.40chart72.982023Life expectancy [+]
Suicides [+]2023267chart912015Suicides [+]
Suicide rate [+]202314.38chart12.282015Suicide rate [+]
Number of homicides [+]202347chart192020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.472020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart2.312023CO2 Tons per capita [+]
Consumption GWh [+]20246,623chart12,3762024Consumption GWh [+]
Generation GWh [+]20245,913chart11,0012024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20267,710chart2102/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026977,795chart63,19302/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart677,66910/30/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20264,143.90chart26.7502/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart2,011,42610/30/2022Doses administered [+]
Latvia
Bhutan