Country comparison Latvia vs Georgia

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Gouvernement
GDP Growth (%) [+]20240%chart9.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€31,214M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$34,192M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€8,4492024GDP per capita [+]
GDP per capita [+]2024$23,243chart$9,1422024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart11,2662024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart12,1912024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart36.10%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€3,0412024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$3,2912024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-7162024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-7752024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.30%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart9,444.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart10,219.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,242.32024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,360.92024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart12.21%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart657.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart710.72023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart7.78%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart581.82024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart637.32024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart6.07%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart30.26%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2,5492024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$2,7592024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€3362024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$3642024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1732023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1872023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1572024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1702024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba203/24/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABB02/25/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB04/24/2020Fitch Rating [+]
Corruption Index [+]202360chart532023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart74º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart69.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart54º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart57º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart15.7%2022Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart243K2022Q4Unemployed [+]
NMW [+]2026$916.5chart$7.42024NMW [+]
NMW [+]2026€780.0chart€6.72024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
3.198402/12/2026Euro / Lari [+]
US Dollar exchange rate [+]02/10/20260.8408chart2.683002/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/11/2026-3.18%
Prices
CPI (overall index) [+]December 20253.5%chart10.4%November 2022CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%chart6.1%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart8.00%05/22/2024Key rates [+]
Business
Doing Business [+]202019ºchart7º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart2,804December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.91December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart280.592015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart24.4%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart18.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart20.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart3,653,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€5,632.7M2023Exports [+]
Exports [+]2024$20,645.2Mchart$6,090.6M2023Exports [+]
Exports % GDP [+]202447.26%chart19.79%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€14,347.5M2023Imports [+]
Imports [+]2024$23,723.3Mchart$15,514.0M2023Imports [+]
Imports % GDP [+]202454.31%chart50.42%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-8,714.9M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-9,423.4M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-30.63%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart29º2015Global AgeWatch Ranking [+]
Density [+]202429chart532024Density [+]
Global Peace Ranking [+]202430ºchart100º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart3.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,794.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.13%2020% Immigrant [+]
% Emigrant [+]202020.07%chart23.09%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.70‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart160.62017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart11.90‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.712023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.00‰2023Crude marriage rate [+]
% risk of poverty [+]202522.0%chart9.4%2024% risk of poverty [+]
Population [+]20241,860,565chart3,704,5062024Population [+]
Immigrant stock [+]2020239,422chart79,3682020Immigrant stock [+]
Emigrant stock [+]2020380,010chart861,0772020Emigrant stock [+]
HDI [+]20220.879chart0.8142022HDI [+]
Gender Gap Ranking [+]202430ºchart69º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart73.702023Life expectancy [+]
Suicides [+]2023267chart2072023Suicides [+]
Suicide rate [+]202314.20chart5.602023Suicide rate [+]
Number of homicides [+]202347chart772019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.032019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.332023CO2 Tons per capita [+]
02024Annual crude oil production [+]
35.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart12,5692023Consumption GWh [+]
Generation GWh [+]20236,202chart14,3962023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart17,15101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart1,864,33701/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart1,276,17310/13/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart4,629.7701/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart2,930,67710/13/2022Doses administered [+]
Latvia
Georgia