Country comparison Latvia vs Guinea-Bissau

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Gouvernement
GDP Growth (%) [+]20240%chart4.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€2,050M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$2,218M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€9312024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,0082024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart1,6612024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart1,7972024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart82.21%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€7542024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$8162024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1472024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1592024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-7.26%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart411.32024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart445.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart36.12020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart41.22020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart15.00%2017Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart17.42023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart18.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart4.29%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart22.92023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart24.82023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart5.76%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart20.36%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€1872024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$2022024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€202020Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$232020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€82023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$92023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€122023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$132023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart222023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart88.42024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1chart$31.42023NMW [+]
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/15/20260.8603
Stock ExchangeYTD % [+]01/15/20261.19%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.5%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart174º2020Doing 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%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart52,4002019Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€217.4M2023Exports [+]
Exports [+]2024$20,645.2Mchart$235.1M2023Exports [+]
Exports % GDP [+]202447.26%chart11.73%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€433.8M2023Imports [+]
Imports [+]2024$23,723.3Mchart$469.0M2023Imports [+]
Imports % GDP [+]202454.31%chart23.40%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-216.4M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-355.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-11.67%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart612024Density [+]
Global Peace Ranking [+]202430ºchart86º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart103.62017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.89%2020% Immigrant [+]
% Emigrant [+]202020.07%chart5.55%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart30.04‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart26.82017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart7.05‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.842023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart50.5%2021% risk of poverty [+]
Population [+]20241,856,932chart2,201,3522024Population [+]
Immigrant stock [+]2020239,422chart17,9452020Immigrant stock [+]
Emigrant stock [+]2020380,010chart111,7902020Emigrant stock [+]
HDI [+]20220.879chart0.4832022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart64.092023Life expectancy [+]
Suicides [+]2023267chart1162015Suicides [+]
Suicide rate [+]202314.20chart7.102015Suicide rate [+]
Number of homicides [+]202347chart212017Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.122017Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.162023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart802023Consumption GWh [+]
Generation GWh [+]20236,202chart862023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart17712/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart9,61412/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart547,63710/15/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart80.4112/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart920,75210/15/2023Doses administered [+]
Latvia
Guinea-Bissau