Country comparison Latvia vs Cabo Verde

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Gouvernement
GDP Growth (%) [+]20240%chart7.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€2,519M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$2,726M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€4,9252024GDP per capita [+]
GDP per capita [+]2024$23,243chart$5,3292024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart2,8022024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart3,0322024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart111.23%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€5,4732024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$5,9222024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-272024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-292024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-1.07%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart657.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart711.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart100.52023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart108.92023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart13.41%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart82.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart88.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart13.79%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart15.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart17.02024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart2.05%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart26.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€1,2842024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$1,3892024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€1982023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2142023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1572023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1702023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€312024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$332024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024AB+02/06/2026S&P Rating [+]
Fitch Rating [+]04/10/2020A-B-04/17/2020Fitch Rating [+]
Corruption Index [+]202360chart642023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart112º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart57.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart132º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart90º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$127.72023NMW [+]
NMW [+]2026€780.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]02/17/20260.8456
Stock ExchangeYTD % [+]02/18/2026-100.00%
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 [+]202019ºchart137º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
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%chart18.7%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart785,0002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€50.8M2023Exports [+]
Exports [+]2025$22,153.1Mchart$54.9M2023Exports [+]
Exports % GDP [+]202447.26%chart2.20%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€914.1M2023Imports [+]
Imports [+]2025$26,277.9Mchart$988.4M2023Imports [+]
Imports % GDP [+]202454.31%chart39.53%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-863.3M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-926.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-37.33%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart1272024Density [+]
Global Peace Ranking [+]202430ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart221.82017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.15%2020% Immigrant [+]
% Emigrant [+]202020.07%chart37.36%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart12.33‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart30.82017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.06‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.522023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart24.8%2023% risk of poverty [+]
Population [+]20241,860,565chart512,0002024Population [+]
Immigrant stock [+]2020239,422chart15,7882020Immigrant stock [+]
Emigrant stock [+]2020380,010chart187,5582020Emigrant stock [+]
HDI [+]20220.879chart0.6612022HDI [+]
Gender Gap Ranking [+]202430ºchart41º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart76.062023Life expectancy [+]
Suicides [+]2023267chart442015Suicides [+]
Suicide rate [+]202314.20chart9.032015Suicide rate [+]
Number of homicides [+]202347chart362020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart6.992020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.712023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart4002023Consumption GWh [+]
Generation GWh [+]20236,202chart5062023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart41701/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart64,55001/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart308,72009/25/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart814.4501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart859,94009/25/2022Doses administered [+]
Latvia
Cabo Verde