Country comparison Latvia vs Grenada

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Gouvernement
GDP Growth (%) [+]20240%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€1,268M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$1,372M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€10,8142024GDP per capita [+]
GDP per capita [+]2024$23,243chart$11,7052024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart9212022Debt (M.€.) [+]
Debt ($M) [+]202420,343chart9702022Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart79.27%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€8,0762022Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$8,5122022Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart112022Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart112022Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart0.93%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart371.82022Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart391.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart63.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart68.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.45%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart25.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart27.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart7.27%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart28.91%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€3,2612022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$3,4372022Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€5512023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$5962023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2202023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$2382023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705
Defence Expenditure P.C. [+]2024$757
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024ANR10/31/2014S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart532023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart51.92024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%chart3.8%2024Q1Unemployment rate [+]
Unemployed [+]2025Q366Kchart3K2024Q1Unemployed [+]
NMW [+]2025$839.1chart$444.42023NMW [+]
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/16/20260.8608
Stock ExchangeYTD % [+]01/19/20261.17%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart146º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart15.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart28.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart149,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€42.6M2023Exports [+]
Exports [+]2024$20,645.2Mchart$46.1M2023Exports [+]
Exports % GDP [+]202447.26%chart3.45%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€563.0M2023Imports [+]
Imports [+]2024$23,723.3Mchart$608.8M2023Imports [+]
Imports % GDP [+]202454.31%chart45.55%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-520.4M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-562.7M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-42.11%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart3452024Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart1.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart55.05%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart11.71‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart3.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart8.86‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.492023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart25.0%2018% risk of poverty [+]
Population [+]20241,856,932chart117,2072024Population [+]
Immigrant stock [+]2020239,422chart7,2132020Immigrant stock [+]
Emigrant stock [+]2020380,010chart62,2042020Emigrant stock [+]
HDI [+]20220.879chart0.7932022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart75.212023Life expectancy [+]
Suicides [+]2023267chart12015Suicides [+]
Suicide rate [+]202314.20chart0.472015Suicide rate [+]
Number of homicides [+]202347chart162023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart13.672023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.292023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart2212023Consumption GWh [+]
Generation GWh [+]20236,202chart2392023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart23812/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart19,69312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart39,03403/17/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart2,030.6012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart90,68603/17/2023Doses administered [+]
Latvia
Grenada