Country comparison Latvia vs India

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Gouvernement
GDP Growth (%) [+]20240%chart6.5%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart600K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€3,612,660M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$3,909,097M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€2,4902024GDP per capita [+]
GDP per capita [+]2024$23,243chart$2,6942024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€871,238M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart2,732,6452023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart2,955,5742023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart81.23%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€1,9002023Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$2,0552023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-266,3002023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-288,0242023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-7.92%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart955,809.62023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart1,033,784.52023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart130,134.22022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart140,214.42022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart14.16%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart43,959.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart47,526.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart4.59%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart82,050.82024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart88,783.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart7.63%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart28.41%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€6652023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$7192023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€912022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$982022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€312023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$332023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€572024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$612024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa308/18/2023Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB08/14/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB-12/20/2019Fitch Rating [+]
Corruption Index [+]202360chart392023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart68º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart72.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart9º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart39º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%chart4.6%2024Q2Unemployment rate [+]
Unemployed [+]2025Q366Kchart22,713K2024Q2Unemployed [+]
NMW [+]2025$839.1chart$55.62024NMW [+]
NMW [+]2025€740.0chart€50.42024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart103º2017Human Capital Ranking [+]
Markets
105.397001/16/2026Euro / Indian rupees [+]
US Dollar exchange rate [+]01/16/20260.8608chart90.649701/16/2026US Dollar exchange rate [+]
6.68%01/16/202610-Year Bond Yield [+]
38401/16/2026Risk Premium [+]
Stock ExchangeYTD % [+]01/17/20261.05%chart-1.67%01/17/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart2.6%November 2025CPI (overall index) [+]
HICP [+]December 20253.5%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%chart5.25%12/05/2025Key rates [+]
Business
Doing Business [+]202019ºchart77º2019Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318chart4,101,600December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart3.53December 2023Annual Vehicles/ 1,000 p. [+]
5,851,5072023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart32.572020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart18.00%01/01/2018Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart42.7%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart6,989,0002021Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€399,125.2M2023Exports [+]
Exports [+]2024$20,645.2Mchart$431,574.0M2023Exports [+]
Exports % GDP [+]202447.26%chart11.86%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€621,688.0M2023Imports [+]
Imports [+]2024$23,723.3Mchart$672,231.3M2023Imports [+]
Imports % GDP [+]202454.31%chart18.48%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-222,562.9M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-240,666.4M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-6.62%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart71º2015Global AgeWatch Ranking [+]
Density [+]202429chart4412024Density [+]
Global Peace Ranking [+]202430ºchart116º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart68,968.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.35%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.27%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart16.15‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart5,710.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.61‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.982023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart21.9%2011% risk of poverty [+]
Population [+]20241,856,932chart1,450,935,7912024Population [+]
Immigrant stock [+]2020239,422chart4,878,7042020Immigrant stock [+]
Emigrant stock [+]2020380,010chart17,869,4922020Emigrant stock [+]
HDI [+]20220.879chart0.6442022HDI [+]
Gender Gap Ranking [+]202430ºchart129º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart72.002023Life expectancy [+]
Suicides [+]2023267chart206,2782015Suicides [+]
Suicide rate [+]202314.20chart15.532015Suicide rate [+]
Number of homicides [+]202347chart40,1302022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.822022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart2.072023CO2 Tons per capita [+]
6042024Annual crude oil production [+]
4,604.92021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart1,518,6612023Consumption GWh [+]
Generation GWh [+]20236,202chart1,823,4132023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart533,84712/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart45,056,12612/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart951,990,50008/12/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart367.9312/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart2,206,868,00008/12/2024Doses administered [+]
Latvia
India