Country comparison Latvia vs Iceland

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart20,501K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€30,919M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$33,466M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€80,6082024GDP per capita [+]
GDP per capita [+]2024$23,250chart$87,2492024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€7,864M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart62.24%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$50,8322023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-5762023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-6222023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-2.00%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart13,184.62023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart14,253.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart1,948.62022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart2,054.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart14.90%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart2,166,188,898.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart2,206.82022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart16.54%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart45.50%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€34,3742023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$37,1612023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€5,2652022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$5,6292022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€5,5862023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$5,8022022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$02019Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3A109/20/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AA+11/10/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-A05/22/2020Fitch Rating [+]
Corruption Index [+]202360chart722023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart15.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart22º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart3.6%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart3.2%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart7K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$3,127.62024NMW [+]
NMW [+]2025€740.0chart€2,830.52024NMW [+]
Average Wage [+]2023$20,067chart$80,2402023Average Wage [+]
Average Wage [+]2023€18,559chart€74,2072023Average Wage [+]
Human Capital Ranking [+]201728ºchart21º2017Human Capital Ranking [+]
Markets
144.300003/21/2025Euro / Icelandic kronas [+]
US Dollar exchange rate [+]03/21/20250.9236chart133.280003/21/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/21/20251.59%chart-7.26%03/21/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart4.2%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%chart3.4%February 2025HICP [+]
PPI Year on Year [+]February 20250.5%
Money Market
Key rates [+]03/12/20252.65%chart7.75%03/19/2025Key rates [+]
Business
Doing Business [+]202019ºchart26º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart36.4%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart24.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart698,0002021Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€6,404.4M2024Exports [+]
Exports [+]2024$20,472.4Mchart$6,932.1M2024Exports [+]
Exports % GDP [+]202447.04%chart20.71%2024Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€8,922.6M2024Imports [+]
Imports [+]2024$23,710.0Mchart$9,657.6M2024Imports [+]
Imports % GDP [+]202454.48%chart28.86%2024Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-2,518.2M2024Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-2,725.5M2024Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-8.14%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart7º2015Global AgeWatch Ranking [+]
Density [+]202329chart42023Density [+]
Global Peace Ranking [+]202430ºchart1º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart171.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart17.74%2020% Immigrant [+]
% Emigrant [+]202020.07%chart11.73%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart11.00‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart132.92017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.60‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.552023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart5.00‰2020Crude marriage rate [+]
% risk of poverty [+]202421.6%chart8.8%2020% risk of poverty [+]
Population [+]20231,871,882chart383,5672023Population [+]
Immigrant stock [+]2020239,422chart65,4242020Immigrant stock [+]
Emigrant stock [+]2020380,010chart43,2512020Emigrant stock [+]
HDI [+]20220.879chart0.9592022HDI [+]
Gender Gap Ranking [+]202430ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart82.402023Life expectancy [+]
Suicides [+]2022226chart462023Suicides [+]
Suicide rate [+]202212.29chart11.992023Suicide rate [+]
Number of homicides [+]202347chart42022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.052022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart8.792023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart19,5842023Consumption GWh [+]
Generation GWh [+]20236,360chart20,1272023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart18608/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart210,37408/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart290,19303/29/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart484.9208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart805,46903/29/2022Doses administered [+]
Latvia
Iceland