Country comparison Latvia vs Botswana

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Gouvernement
GDP Growth (%) [+]20252.1%chart-3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q45,942K
Annual GDP [+]2025€43,026Mchart€17,888M2024Annual GDP [+]
Annual GDP [+]2025$48,619Mchart$19,356M2024Annual GDP [+]
GDP per capita [+]2025€23,410chart€6,5772024GDP per capita [+]
GDP per capita [+]2025$26,131chart$7,1172024GDP per capita [+]
Quarterly GDP [+]2025Q4€11,055M
Debt (M.€.) [+]202418,802chart4,0342023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart4,3632023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart22.51%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€1,6262023Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$1,7592023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-7512023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-8122023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.19%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart5,798.82023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart6,271.92023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.9chart1,054.22020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,203.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart21.47%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847.5chart862.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999.7chart916.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart14.61%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,324.4chart506.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart548.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart8.02%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart32.35%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2,3382023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$2,5292023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€4142020Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$4722020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€3482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$3692023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€710chart€1862024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$2022024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa110/17/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB09/12/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart592023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart91º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart53.62024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart87º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20266.9%
Unemployment rate [+]2025Q46.7%
Unemployed [+]2025Q464K
NMW [+]2026$916.5chart$140.52024NMW [+]
NMW [+]2026€780.0chart€127.42024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart91º2017Human Capital Ranking [+]
Markets
15.193403/12/2026Euro / Pula [+]
US Dollar exchange rate [+]03/13/20260.8714chart13.280203/13/2026US Dollar exchange rate [+]
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 [+]202019ºchart87º2020Doing Business [+]
IPI Year on Year [+]January 202613.3%
Passengers vehicles Year [+]December 202433,318chart1,050December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.42December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart169.932015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart13.4%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart12.00%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart314,0002021Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€5,328.8M2023Exports [+]
Exports [+]2025$22,153.1Mchart$5,762.0M2023Exports [+]
Exports % GDP [+]202545.57%chart29.69%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€6,012.2M2023Imports [+]
Imports [+]2025$26,277.9Mchart$6,501.0M2023Imports [+]
Imports % GDP [+]202554.05%chart33.50%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-683.5M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-968.1M2023Trade balance [+]
Trade balance % GDP [+]2025-8.48%chart-3.81%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 20265.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart42023Density [+]
Global Peace Ranking [+]202430ºchart50º2024Global Peace Ranking [+]
Crude divorce rate [+]20242.80‰
Remittance received ($M) [+]20171,090.0chart20.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart4.33%2020% Immigrant [+]
% Emigrant [+]202020.07%chart2.50%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart24.71‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart164.92017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.72‰2023Crude death rate [+]
Fertility Rate [+]20241.24chart2.732023Fertility Rate [+]
Crude marriage rate [+]20245.50‰
% risk of poverty [+]202522.0%chart16.1%2015% risk of poverty [+]
Population [+]20241,860,565chart2,480,2442023Population [+]
Immigrant stock [+]2020239,422chart110,2682020Immigrant stock [+]
Emigrant stock [+]2020380,010chart63,5612020Emigrant stock [+]
HDI [+]20220.879chart0.7082022HDI [+]
Gender Gap Ranking [+]202430ºchart57º2024Gender Gap Ranking [+]
Life expectancy [+]202476.40chart69.162023Life expectancy [+]
Suicides [+]2023267chart2202015Suicides [+]
Suicide rate [+]202314.38chart9.552015Suicide rate [+]
Number of homicides [+]202347chart2732021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart11.372021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart2.932023CO2 Tons per capita [+]
Consumption GWh [+]20246,623chart3,9522024Consumption GWh [+]
Generation GWh [+]20245,913chart3,4262024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20267,710chart2,80102/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026977,795chart330,69902/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,663,49012/31/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20264,143.90chart1,129.3202/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart3,171,66712/31/2023Doses administered [+]
Latvia
Botswana