Country comparison Latvia vs Colombia

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Gouvernement
GDP Growth (%) [+]20240%chart1.6%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart1,911K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€387,058M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$418,818M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€7,3452024GDP per capita [+]
GDP per capita [+]2024$23,243chart$7,9482024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€100,706M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart237,0202024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart256,4682024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart61.24%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€4,4982024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$4,8672024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-24,1762024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-26,1602024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-6.25%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart134,102.62024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart145,106.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart10,550.02021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart12,486.22021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.55%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart22,711,029,540.92024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart23,773.32024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart17.24%2024Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023897.1chart9,729.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023970.0chart10,523.52023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart8.31%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart34.65%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€2,5452024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$2,7542024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2062021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2442021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€4552024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$4502024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€477chart€1862023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$2022023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa306/26/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABB06/26/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB+07/01/2021Fitch Rating [+]
Corruption Index [+]202360chart402023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart57º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart75.62024Fragile States Index [+]
RTI Raking [+]2024107ºchart36º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart61º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20257.1%chart9.3%September 2023Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart8.3%2024Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart2,128K2024Q4Unemployed [+]
NMW [+]2025$839.1chart$340.12024NMW [+]
NMW [+]2025€740.0chart€307.92024NMW [+]
Average Wage [+]2024$21,838chart$9,5452022Average Wage [+]
Average Wage [+]2024€20,176chart€9,4912023Average Wage [+]
Human Capital Ranking [+]201728ºchart68º2017Human Capital Ranking [+]
Markets
4,776.976305/11/2025Euro / Colombian pesos [+]
US Dollar exchange rate [+]12/15/20250.8508chart3,817.590012/16/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/16/20257.25%chart51.61%12/15/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20253.8%chart5.3%November 2025CPI (overall index) [+]
HICP [+]November 20253.8%
PPI Year on Year [+]October 20250.1%chart-1.4%May 2023PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart9.25%05/02/2025Key rates [+]
Business
Doing Business [+]202019ºchart67º2020Doing Business [+]
IPI Year on Year [+]October 20258.7%
Passengers vehicles Year [+]December 202433,318chart144,633December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.15chart3.24December 2023Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart112.282020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart22.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart19.00%01/01/2017Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart39.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart4,519,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€45,819.8M2023Exports [+]
Exports [+]2024$20,645.2Mchart$49,544.9M2023Exports [+]
Exports % GDP [+]202447.26%chart13.53%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€58,075.1M2023Imports [+]
Imports [+]2024$23,723.3Mchart$62,796.6M2023Imports [+]
Imports % GDP [+]202454.31%chart17.15%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-12,255.4M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-13,251.7M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-3.62%2023Trade balance % GDP [+]
Retail Sales YoY [+]October 20254.1%chart8.5%April 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart36º2015Global AgeWatch Ranking [+]
Density [+]202429chart462024Density [+]
Global Peace Ranking [+]202430ºchart146º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart5,636.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.78%2020% Immigrant [+]
% Emigrant [+]202020.07%chart6.00%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart13.48‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart281.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.40‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.652023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart31.8%2024% risk of poverty [+]
Population [+]20241,856,932chart52,696,0002024Population [+]
Immigrant stock [+]2020239,422chart1,905,3932020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,024,2732020Emigrant stock [+]
HDI [+]20220.879chart0.7582022HDI [+]
Gender Gap Ranking [+]202430ºchart45º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart77.732023Life expectancy [+]
Suicides [+]2023267chart3,0472021Suicides [+]
Suicide rate [+]202314.20chart6.002021Suicide rate [+]
Number of homicides [+]202347chart13,0352023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart24.912023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.972023CO2 Tons per capita [+]
7732024Annual crude oil production [+]
2,036.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart82,7212023Consumption GWh [+]
Generation GWh [+]20236,202chart90,4272023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/23/20257,670chart142,79611/23/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025977,786chart6,402,13911/23/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart37,204,13012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/23/20254,130.47chart2,709.8111/23/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart90,931,19012/29/2023Doses administered [+]
Latvia
Colombia