Country comparison Latvia vs Ethiopia

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Gouvernement
GDP Growth (%) [+]20240%chart7.6%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€138,344M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$149,740M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,0752024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,1642024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart57,2192023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart61,8872023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart38.74%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€4452023Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$4812023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-3,8392023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-4,1532023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.60%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart15,983.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart17,286.92023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart3,178.92024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart3,440.72024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart16.70%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart900.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart981.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart5.68%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart899.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart974.12024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart6.91%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart10.82%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€1242023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$1342023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€252024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$272024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€72023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$82023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€72024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$82024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-CCC-12/20/2022Fitch Rating [+]
Corruption Index [+]202360chart372023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart126º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart98.12024Fragile States Index [+]
RTI Raking [+]2024107ºchart25º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart130º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$24.92011NMW [+]
NMW [+]2026€780.0chart€19.12011NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart127º2017Human Capital Ranking [+]
Markets
131.136809/25/2024Euro / Birr [+]
US Dollar exchange rate [+]02/06/20260.8479chart120.302309/25/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/06/2026-4.00%
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%chart15.00%07/10/2024Key rates [+]
Business
Doing Business [+]202019ºchart159º2020Doing 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 [+]2021457.35chart1.742015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%chart35.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart897,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€3,344.4M2023Exports [+]
Exports [+]2024$20,645.2Mchart$3,616.3M2023Exports [+]
Exports % GDP [+]202447.26%chart2.26%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€16,543.4M2023Imports [+]
Imports [+]2024$23,723.3Mchart$17,888.4M2023Imports [+]
Imports % GDP [+]202454.31%chart11.20%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-13,199.0M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-14,272.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-8.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart1132023Density [+]
Global Peace Ranking [+]202430ºchart144º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart815.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.09%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.95%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart31.90‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart13.32017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.96‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.992023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart33.1%2021% risk of poverty [+]
Population [+]20241,860,565chart128,691,6922023Population [+]
Immigrant stock [+]2020239,422chart1,085,5172020Immigrant stock [+]
Emigrant stock [+]2020380,010chart946,1292020Emigrant stock [+]
HDI [+]20220.879chart0.4922022HDI [+]
Gender Gap Ranking [+]202430ºchart79º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart67.322023Life expectancy [+]
Suicides [+]2023267chart8,3482015Suicides [+]
Suicide rate [+]202314.20chart9.372015Suicide rate [+]
Number of homicides [+]202347chart8,1532012Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart8.512012Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.142023CO2 Tons per capita [+]
0.42021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart12,2982023Consumption GWh [+]
Generation GWh [+]20236,202chart18,2542023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/20267,682chart7,57401/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/2026977,790chart501,32401/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart43,653,01005/28/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20264,136.93chart58.8501/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart68,856,79005/28/2023Doses administered [+]
Latvia
Ethiopia