Country comparison Latvia vs Finland

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20240%chart0.4%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart12,520K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€275,993M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$298,729M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€49,1002024GDP per capita [+]
GDP per capita [+]2024$23,243chart$53,2862024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€70,561M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart227,5472024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart245,3042024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart82.50%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€40,3742024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$43,5252024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-12,1562024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-13,1562024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart159,403.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart172,245.82024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart16,968.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart17,868.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart12.12%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart23,898,237,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart25,866,973,764.12024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart15.19%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart6,347.32024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart6,870.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.05%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart57.80%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€28,2832024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$30,5622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€3,0532022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$3,2232022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€4,2652024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$4,6162024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1,1292024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1,2252024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa112/13/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAA+10/10/2014S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA+01/24/2020Fitch Rating [+]
Corruption Index [+]202360chart872023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart11º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart14.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart31º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart7º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%chart10.6%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart9.2%2025Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart265K2025Q3Unemployed [+]
NMW [+]2025$839.1
NMW [+]2025€740.0
Average Wage [+]2024$21,838chart$57,2502024Average Wage [+]
Average Wage [+]2024€20,176chart€52,8932024Average Wage [+]
Human Capital Ranking [+]201728ºchart2º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/21/20260.8519chart0.851901/21/2026US Dollar exchange rate [+]
3.17%01/21/202610-Year Bond Yield [+]
2901/21/2026Risk Premium [+]
Stock ExchangeYTD % [+]01/21/20260.50%chart1.63%01/21/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart0.2%December 2025CPI (overall index) [+]
HICP [+]December 20253.4%chart1.7%December 2025HICP [+]
PPI Year on Year [+]November 20251.4%chart1.6%November 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202019ºchart20º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%chart2.0%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart141,531December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart17.37December 2022Annual Vehicles/ 1,000 p. [+]
30,1912023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart577.572021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart42.2%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart24.00%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart59.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart2,127,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€72,126.0M2024Exports [+]
Exports [+]2024$20,645.2Mchart$78,067.7M2024Exports [+]
Exports % GDP [+]202447.26%chart26.13%2024Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€74,844.0M2024Imports [+]
Imports [+]2024$23,723.3Mchart$81,009.7M2024Imports [+]
Imports % GDP [+]202454.31%chart27.12%2024Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-2,718.0M2024Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-2,941.9M2024Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-0.98%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%chart2.7%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart14º2015Global AgeWatch Ranking [+]
Density [+]202429chart172024Density [+]
Global Peace Ranking [+]202430ºchart13º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart2.10‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart821.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.98%2020% Immigrant [+]
% Emigrant [+]202020.07%chart5.64%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart7.80‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart944.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart10.40‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.262023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart3.70‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart12.6%2024% risk of poverty [+]
Population [+]20241,856,932chart5,635,9712024Population [+]
Immigrant stock [+]2020239,422chart386,0522020Immigrant stock [+]
Emigrant stock [+]2020380,010chart311,8892020Emigrant stock [+]
HDI [+]20220.879chart0.9422022HDI [+]
Gender Gap Ranking [+]202430ºchart2º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart82.402024Life expectancy [+]
Suicides [+]2023267chart7652023Suicides [+]
Suicide rate [+]202314.20chart13.652023Suicide rate [+]
Number of homicides [+]202347chart552023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.982023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.732023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart77,0252023Consumption GWh [+]
Generation GWh [+]20236,202chart77,9862023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart11,46612/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart1,515,87212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,347,11301/09/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart2,034.4312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart13,327,12001/09/2024Doses administered [+]
Latvia
Finland