Country comparison Latvia vs Bulgaria

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Gouvernement
GDP Growth (%) [+]20240%chart3.4%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart4,652K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€104,769M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$113,343M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€16,2602024GDP per capita [+]
GDP per capita [+]2024$23,243chart$17,4352024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€29,949M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart24,9772024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart27,0242024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart23.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€3,8802024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$4,1982024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-3,1912024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-3,4102024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-3.00%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart41,060.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart41,133.82024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart3,874.52022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart4,079.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.98%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart4,726,292,565.72023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart5,094.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart12.83%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023897.1chart1,746.32023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023970.0chart1,888.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart5.02%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart39.20%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€6,3782024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$6,3902024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€5992022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$6332022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€7332023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$7902023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€477chart€2712023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$2942023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa101/24/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB+07/10/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB04/24/2020Fitch Rating [+]
Corruption Index [+]202360chart452023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart49º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart49.42024Fragile States Index [+]
RTI Raking [+]2024107ºchart58º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart38º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20257.1%chart3.6%October 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart3.4%2025Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart105K2025Q3Unemployed [+]
NMW [+]2025$839.1chart$624.42025NMW [+]
NMW [+]2025€740.0chart€550.72025NMW [+]
Average Wage [+]2024$21,838chart$15,4462024Average Wage [+]
Average Wage [+]2024€20,176chart€14,2712024Average Wage [+]
Human Capital Ranking [+]201728ºchart32º2017Human Capital Ranking [+]
Markets
1.955812/16/2025Euro / Bulgarian Lev [+]
US Dollar exchange rate [+]12/16/20250.8492chart1.664112/15/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/16/20257.25%chart1.21%03/31/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20253.8%chart3.5%April 2025CPI (overall index) [+]
HICP [+]November 20253.8%chart3.8%October 2025HICP [+]
PPI Year on Year [+]October 20250.1%chart17.6%October 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart1.81%12/01/2025Key rates [+]
Business
Doing Business [+]202019ºchart61º2020Doing Business [+]
IPI Year on Year [+]October 20258.7%chart-7.6%October 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart82,005December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.15chart5.82December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart518.352020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart30.3%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%04/01/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart5,557,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€44,249.0M2024Exports [+]
Exports [+]2024$20,645.2Mchart$47,894.2M2024Exports [+]
Exports % GDP [+]202447.26%chart42.23%2024Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€50,840.7M2024Imports [+]
Imports [+]2024$23,723.3Mchart$55,029.0M2024Imports [+]
Imports % GDP [+]202454.31%chart48.53%2024Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-6,591.7M2024Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-7,134.7M2024Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-6.29%2024Trade balance % GDP [+]
Retail Sales YoY [+]October 20254.1%chart5.7%October 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart49º2015Global AgeWatch Ranking [+]
Density [+]202429chart582024Density [+]
Global Peace Ranking [+]202430ºchart26º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.40‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart2,223.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.82%2020% Immigrant [+]
% Emigrant [+]202020.07%chart25.77%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart8.30‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart145.62017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart15.60‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.812023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart3.40‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart21.7%2024% risk of poverty [+]
Population [+]20241,856,932chart6,437,3602024Population [+]
Immigrant stock [+]2020239,422chart184,3632020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,683,0742020Emigrant stock [+]
HDI [+]20220.879chart0.7992022HDI [+]
Gender Gap Ranking [+]202430ºchart60º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart75.902024Life expectancy [+]
Suicides [+]2023267chart4522023Suicides [+]
Suicide rate [+]202314.20chart7.012023Suicide rate [+]
Number of homicides [+]202347chart742023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.092023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.862023CO2 Tons per capita [+]
12024Annual crude oil production [+]
15.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart34,1782023Consumption GWh [+]
Generation GWh [+]20236,202chart39,4832023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/23/20257,670chart38,77211/23/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025977,786chart1,340,52311/23/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart2,078,00606/29/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/23/20254,130.47chart6,022.9711/23/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart4,726,61406/29/2024Doses administered [+]
Latvia
Bulgaria