Country comparison Latvia vs Hungary

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart5,312K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€205,282M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$221,904M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€21,4702024GDP per capita [+]
GDP per capita [+]2024$23,250chart$23,1522024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€50,914M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart144,0492023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart156,0612023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart73.40%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€15,0292023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$16,2822023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-13,1862023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-14,2182023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-6.70%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart97,280.32023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart104,350.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart7,763.62021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart8,530.12021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart10.36%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart8,930,096,655.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart8,581.72022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart9.91%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart4,184.22023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart4,525.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart4.41%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart49.50%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€10,1502023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$10,8872023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€8062021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$9382021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€9302023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$8862022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€4362023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$4712023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa211/29/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB-01/27/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB02/14/2020Fitch Rating [+]
Corruption Index [+]202360chart422023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart47º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart46.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart76º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart36º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart4.3%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart4.4%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart216K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$1,039.32025NMW [+]
NMW [+]2025€740.0chart€707.02025NMW [+]
Average Wage [+]2023$20,067chart$20,2532023Average Wage [+]
Average Wage [+]2023€18,559chart€18,7302023Average Wage [+]
Human Capital Ranking [+]201728ºchart39º2017Human Capital Ranking [+]
Markets
399.080003/21/2025Euro / Hungarian forints [+]
US Dollar exchange rate [+]03/21/20250.9236chart279.800001/18/2019US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/21/20251.59%chart13.42%03/21/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart5.6%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%chart5.7%February 2025HICP [+]
PPI Year on Year [+]February 20250.5%chart6.1%January 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart6.50%09/25/2024Key rates [+]
Business
Doing Business [+]202019ºchart52º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%chart-4.0%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart235,168December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart14.12December 2022Annual Vehicles/ 1,000 p. [+]
507,2252023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart482.062021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart34.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart27.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart33.5%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart12,649,0002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€145,251.7M2024Exports [+]
Exports [+]2024$20,472.4Mchart$157,263.4M2024Exports [+]
Exports % GDP [+]202447.04%chart70.78%2024Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€137,529.4M2024Imports [+]
Imports [+]2024$23,710.0Mchart$148,983.7M2024Imports [+]
Imports % GDP [+]202454.48%chart67.05%2024Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€7,722.3M2024Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$8,279.8M2024Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart3.73%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart4.2%January 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart39º2015Global AgeWatch Ranking [+]
Density [+]202329chart1032023Density [+]
Global Peace Ranking [+]202430ºchart14º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart4,692.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart6.06%2020% Immigrant [+]
% Emigrant [+]202020.07%chart7.40%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.10‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart1,093.12017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart13.40‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.552023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart5.20‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart14.7%2024% risk of poverty [+]
Population [+]20231,871,882chart9,584,6272023Population [+]
Immigrant stock [+]2020239,422chart584,5672020Immigrant stock [+]
Emigrant stock [+]2020380,010chart714,4202020Emigrant stock [+]
HDI [+]20220.879chart0.8512022HDI [+]
Gender Gap Ranking [+]202430ºchart101º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart76.702023Life expectancy [+]
Suicides [+]2022226chart1,6472022Suicides [+]
Suicide rate [+]202212.29chart16.972022Suicide rate [+]
Number of homicides [+]202347chart752023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.772023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart4.612023CO2 Tons per capita [+]
192023Annual crude oil production [+]
12.12021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart42,7392023Consumption GWh [+]
Generation GWh [+]20236,360chart34,0932023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart49,05308/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart2,230,80008/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,207,24912/27/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart5,117.8808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart16,701,23812/04/2022Doses administered [+]
Latvia
Hungary