Country comparison Latvia vs Cyprus

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Gouvernement
GDP Growth (%) [+]20240%chart3.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart9,302K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€33,568M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$36,322M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€35,7302024GDP per capita [+]
GDP per capita [+]2024$23,243chart$38,8022024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€9,095M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart21,8232024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart23,6402024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart62.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€22,2712024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$24,1262024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart1,4392024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart1,5552024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart4.10%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart13,311.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart14,521.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,404.02022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,467.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart12.48%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart1,955,336,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart2,113.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart14.86%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart553.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart598.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.21%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart38.30%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€13,5852024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$14,8192024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€1,4952022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$1,6212022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2,0422023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$2,2262023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€5892024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$6392024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3A311/22/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AA-11/14/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB03/10/2023Fitch Rating [+]
Corruption Index [+]202360chart532023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart44º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart54.12024Fragile States Index [+]
RTI Raking [+]2024107ºchart74º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart27º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%chart4.3%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart4.1%2025Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart22K2025Q3Unemployed [+]
NMW [+]2025$839.1chart$1,133.92025NMW [+]
NMW [+]2025€740.0chart€1,000.02025NMW [+]
Average Wage [+]2024$21,838chart$31,0632024Average Wage [+]
Average Wage [+]2024€20,176chart€28,6982024Average Wage [+]
Human Capital Ranking [+]201728ºchart38º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/15/20260.8603chart0.860301/15/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/15/20261.19%chart3.43%01/14/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.5%chart0.1%December 2025HICP [+]
PPI Year on Year [+]November 20251.4%chart0%November 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202019ºchart54º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%chart10.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart28,587December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart14.48December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart766.712021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart37.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart19.00%01/13/2014Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart35.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart1,937,0002021Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€5,118.0M2024Exports [+]
Exports [+]2024$20,645.2Mchart$5,539.6M2024Exports [+]
Exports % GDP [+]202447.26%chart15.25%2024Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€12,510.6M2024Imports [+]
Imports [+]2024$23,723.3Mchart$13,541.2M2024Imports [+]
Imports % GDP [+]202454.31%chart37.27%2024Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-7,392.6M2024Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-8,001.6M2024Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-22.02%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%chart8.2%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart30º2015Global AgeWatch Ranking [+]
Density [+]202429chart1062024Density [+]
Global Peace Ranking [+]202430ºchart70º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart2.60‰2019Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart334.82017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart20.82%2020% Immigrant [+]
% Emigrant [+]202020.07%chart18.94%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart437.92017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.90‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.402023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart8.90‰2019Crude marriage rate [+]
% risk of poverty [+]202421.6%chart14.6%2024% risk of poverty [+]
Population [+]20241,856,932chart979,8652024Population [+]
Immigrant stock [+]2020239,422chart190,3662020Immigrant stock [+]
Emigrant stock [+]2020380,010chart173,2102020Emigrant stock [+]
HDI [+]20220.879chart0.9072022HDI [+]
Gender Gap Ranking [+]202430ºchart84º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart83.202024Life expectancy [+]
Suicides [+]2023267chart382023Suicides [+]
Suicide rate [+]202314.20chart3.932023Suicide rate [+]
Number of homicides [+]202347chart132024Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.822023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.832023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart5,1672023Consumption GWh [+]
Generation GWh [+]20236,202chart5,3132023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart1,36412/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart717,99212/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart656,13812/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart1,392.0312/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart1,891,59712/23/2023Doses administered [+]
Latvia
Cyprus