Country comparison Latvia vs Guinea

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Gouvernement
GDP Growth (%) [+]20240%chart5.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€23,406M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$25,334M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,6252024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,7592024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart10,9352024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart11,8322024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart48.84%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€7592024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$8212024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1,1172024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1,2092024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.99%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart4,604.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart4,982.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart357.42023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart386.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart9.20%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart172.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart186.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart5.12%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023897.1chart440.52023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023970.0chart476.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart13.82%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart20.56%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€3202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$3462024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€252023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$272023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€122023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$132023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€477chart€312023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$332023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart262023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart122º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart96.42024Fragile States Index [+]
RTI Raking [+]2024107ºchart70º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart128º2023Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20257.1%
Unemployment rate [+]2025Q26.7%
Unemployed [+]2025Q264K
NMW [+]2025$839.1chart$46.02020NMW [+]
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart121º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]12/08/20250.8580
Stock ExchangeYTD % [+]12/08/20257.28%
Prices
CPI (overall index) [+]November 20253.8%
HICP [+]November 20253.8%
PPI Year on Year [+]October 20250.1%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart156º2020Doing Business [+]
IPI Year on Year [+]October 20258.7%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.15
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart10.8%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart99,0002017Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€8,723.2M2023Exports [+]
Exports [+]2024$20,645.2Mchart$9,432.4M2023Exports [+]
Exports % GDP [+]202447.26%chart42.09%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€4,330.1M2023Imports [+]
Imports [+]2024$23,723.3Mchart$4,682.1M2023Imports [+]
Imports % GDP [+]202454.31%chart20.90%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€4,393.1M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$4,939.4M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart21.20%2023Trade balance % GDP [+]
Retail Sales YoY [+]October 20254.1%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart592023Density [+]
Global Peace Ranking [+]202430ºchart124º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart55.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.91%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.12%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart33.85‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart186.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart9.13‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart4.222023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart43.7%2018% risk of poverty [+]
Population [+]20241,856,932chart14,405,4682023Population [+]
Immigrant stock [+]2020239,422chart121,4372020Immigrant stock [+]
Emigrant stock [+]2020380,010chart550,7902020Emigrant stock [+]
HDI [+]20220.879chart0.4712022HDI [+]
Gender Gap Ranking [+]202430ºchart142º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart60.742023Life expectancy [+]
Suicides [+]2023267chart9682015Suicides [+]
Suicide rate [+]202314.20chart8.232015Suicide rate [+]
Number of homicides [+]202347
Rate Homicides per 100.000 [+]20232.50
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.252023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart3,6242023Consumption GWh [+]
Generation GWh [+]20236,202chart4,0482023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/16/20257,666chart46811/16/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/16/2025977,784chart38,59311/16/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart5,853,99009/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/16/20254,128.31chart32.4911/16/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart12,049,51109/24/2023Doses administered [+]
Latvia
Guinea