Country comparison Latvia vs Bosnia and Herzegovina

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Gouvernement
GDP Growth (%) [+]20240%chart2.5%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749Kchart1,942K2025Q1Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€26,195M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$29,614M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€7,9212024GDP per capita [+]
GDP per capita [+]2024$23,243chart$8,5712024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€6,615M2025Q1Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart8,0812024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart8,7442024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart29.53%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€2,3722024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$2,5672024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-5152024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-5572024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-1.88%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart11,856.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart12,829.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart828.42023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart896.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.18%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart1,532.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart1,656.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart14.42%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart195.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart221.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart1.73%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart43.32%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€3,4812024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$3,7662024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2392023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2592023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€4812023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$5202023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€592024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$642024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B308/02/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AB+08/04/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart352023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart92º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart71.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart39º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart80º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%chart12.2%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart11.2%2025Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart162K2025Q3Unemployed [+]
NMW [+]2026$916.5chart$352.82024NMW [+]
NMW [+]2026€780.0chart€320.12024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
1.955802/11/2026Euro / Convertible mark [+]
US Dollar exchange rate [+]02/10/20260.8408chart1.648502/11/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/11/2026-3.18%chart1.58%02/11/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart90º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%chart-4.2%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart10,038December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart3.25December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart259.092015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart17.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart915,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€8,218.9M2024Exports [+]
Exports [+]2024$20,645.2Mchart$8,896.0M2024Exports [+]
Exports % GDP [+]202447.26%chart31.38%2024Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€14,650.8M2024Imports [+]
Imports [+]2024$23,723.3Mchart$15,857.7M2024Imports [+]
Imports % GDP [+]202454.31%chart55.93%2024Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-6,431.9M2024Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-6,961.8M2024Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-24.55%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%chart1.0%May 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart672024Density [+]
Global Peace Ranking [+]202430ºchart61º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart0.60‰2012Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart2,009.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.03%2020% Immigrant [+]
% Emigrant [+]202020.07%chart48.40%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart7.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart53.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart10.40‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.492023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart4.98‰2023Crude marriage rate [+]
% risk of poverty [+]202522.0%chart16.9%2015% risk of poverty [+]
Population [+]20241,860,565chart3,406,5682024Population [+]
Immigrant stock [+]2020239,422chart36,0422020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,687,6392020Emigrant stock [+]
HDI [+]20220.879chart0.7792022HDI [+]
Gender Gap Ranking [+]202430ºchart78º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart77.852023Life expectancy [+]
Suicides [+]2023267chart2282015Suicides [+]
Suicide rate [+]202314.20chart6.482015Suicide rate [+]
Number of homicides [+]202347chart392023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.222023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart6.332023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart12,8672023Consumption GWh [+]
Generation GWh [+]20236,202chart17,7102023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart16,40701/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart404,28901/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart846,08001/29/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart4,816.2801/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart1,924,95001/29/2022Doses administered [+]
Latvia
Bosnia and Herzegovina