Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

Unemployment

6.7%

-1.0

  1. Countries data: Demographic and economy

Country comparison Latvia vs Guinea

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Population Latvia vs Guinea comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q25,554K
Annual GDP [+]2023€40,348Mchart€21,837M2023Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$23,612M2023Annual GDP [+]
GDP per capita [+]2023€21,440chart€1,6142023GDP per capita [+]
GDP per capita [+]2023$23,307chart$1,7452023GDP per capita [+]
Quarterly GDP [+]2024Q2€10,397M
Debt (M.€.) [+]202317,581chart5,8042021Debt (M.€.) [+]
Debt ($M) [+]202319,011chart6,8692021Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart42.54%2021Debt (%GDP) [+]
Debt Per Capita [+]2023€9,392chart€4292021Debt Per Capita [+]
Debt Per Capita [+]2023$10,156chart$5082021Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-2352021Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-2792021Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-1.73%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart2,098.82021Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart2,484.02021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart396.12022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart417.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart10.03%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,899,066,000.0chart93.72021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20221,999,716,498.0chart110.82021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart4.49%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart406.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart427.82022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart11.33%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart15.39%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,828chart€1552021Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,546chart$1842021Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€292022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$312022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,010chart€72021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,064chart$82021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€302022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$322022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202259chart252022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart122º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart101.62018Fragile States Index [+]
RTI Raking [+]2022106ºchart71º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart119º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20246.9%
Unemployment rate [+]2024Q26.9%
Unemployed [+]2024Q266K
NMW [+]2024$759.6chart$46.02020NMW [+]
NMW [+]2024€700.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart121º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]09/20/20240.8956
Stock ExchangeYTD % [+]09/20/2024-23.72%
Prices
CPI (overall index) [+]August 20240.8%
HICP [+]August 20240.9%
PPI Year on Year [+]May 2024-6.7%
Money Market
Key rates [+]09/18/20243.65%
Business
Doing Business [+]202019ºchart156º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%
Passengers vehicles Year [+]December 202216,739
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202230.5%chart11.2%2021Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]20191,934,800chart99,0002017Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€8,911.4M2023Exports [+]
Exports [+]2023$22,446.0Mchart$9,635.9M2023Exports [+]
Exports % GDP [+]202351.93%chart40.81%2023Exports % GDP [+]
Imports [+]2023€25,317.9Mchart€4,343.4M2023Imports [+]
Imports [+]2023$27,114.4Mchart$4,696.5M2023Imports [+]
Imports % GDP [+]202362.75%chart19.89%2023Imports % GDP [+]
Trade balance [+]2023€-4,363.4Mchart€4,568.0M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$4,939.4M2023Trade balance [+]
Trade balance % GDP [+]2023-10.81%chart20.92%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart552021Density [+]
Global Peace Ranking [+]202327ºchart127º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart55.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.92%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.17%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart33.86‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart186.12017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.87‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart4.302022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%chart43.7%2018% risk of poverty [+]
Population [+]20231,871,882chart13,531,9062021Population [+]
Immigrant stock [+]2020239,422chart121,4372020Immigrant stock [+]
Emigrant stock [+]2020380,010chart550,7902020Emigrant stock [+]
HDI [+]20210.863chart0.4652021HDI [+]
Gender Gap Ranking [+]202313ºchart137º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart58.992022Life expectancy [+]
Suicides [+]2021254chart9682015Suicides [+]
Suicide rate [+]202113.64chart8.332015Suicide rate [+]
Number of homicides [+]202267
Rate Homicides per 100.000 [+]20223.62
Energy and Environment
CO2 Tons per capita [+]20223.61chart0.262022CO2 Tons per capita [+]
Consumption GWh [+]20225,982chart2,6252022Consumption GWh [+]
Generation GWh [+]20224,045chart3,0442022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart46808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart38,57208/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart5,853,99009/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart34.5808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart12,049,51109/24/2023Doses administered [+]
Latvia
Guinea