AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompare Latvia Indonesia GouvernementGDP Growth (%) [+]20240%5.0%2024GDP Growth (%) [+]Qu. GDP Per Capita [+]2025Q35,760K1,113K2025Q3Qu. GDP Per Capita [+]Annual GDP [+]2024€40,359M€1,290,415M2024Annual GDP [+]Annual GDP [+]2024$43,684M$1,396,300M2024Annual GDP [+]GDP per capita [+]2024€21,640€4,5822024GDP per capita [+]GDP per capita [+]2024$23,243$4,9582024GDP per capita [+]Quarterly GDP [+]2025Q3€10,696M€313,397M2025Q3Quarterly GDP [+]Debt (M.€.) [+]202418,802518,3032024Debt (M.€.) [+]Debt ($M) [+]202420,343560,8322024Debt ($M) [+]Debt (%GDP) [+]202446.60%40.17%2024Debt (%GDP) [+]Debt Per Capita [+]2024€10,125€1,8412024Debt Per Capita [+]Debt Per Capita [+]2024$10,955$1,9922024Debt Per Capita [+]Deficit (M.€) [+]2024-732-29,6612024Deficit (M.€) [+]Deficit ($M) [+]2024-793-32,0952024Deficit ($M) [+]Deficit (%GDP) [+]2024-1.80%-2.30%2024Deficit (%GDP) [+]Expenditure (M.€) [+]202418,418.9217,366.42024Expenditure (M.€) [+]Expenditure ($M) [+]202419,346.4235,202.42024Expenditure ($M) [+]Education Expenditure (M.€) [+]20221,558.716,165.92023Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20221,642.117,484.82023Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]20229.92%10.56%2025Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20241,847,488,000.06,068,101,084.92023Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20241,999,684,061.419,865.92023Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]20239.91%8.52%2023Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20241,314.910,055.12024Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20241,423.210,880.22024Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20247.49%4.60%2024Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202445.60%16.85%2024Expenditure (%GDP) [+]Expenditure Per Capita [+]2024€9,919€7722024Expenditure Per Capita [+]Expenditure Per Capita [+]2024$10,418$8352024Expenditure Per Capita [+]Education Expenditure P.C [+]2022€826€582023Education Expenditure P.C [+]Education Expenditure P.C [+]2022$876$632023Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2024€987€662023Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2024$1,068$712023Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2024€705€362024Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2024$757$392024Defence Expenditure P.C. [+]Moody's Rating [+]01/26/2024A3Baa204/16/2024Moody's Rating [+]S&P Rating [+]05/31/2024ABBB04/27/2022S&P Rating [+]Fitch Rating [+]04/10/2020A-BBB01/24/2020Fitch Rating [+]Corruption Index [+]202360342023Corruption Index [+]Competitiveness Ranking [+]201941º50º2019Competitiveness Ranking [+]Fragile States Index [+]202441.463.72024Fragile States Index [+]RTI Raking [+]2024107º42º2024RTI Raking [+]Innovation Ranking [+]202442º54º2024Innovation Ranking [+]LabourUnemployment Rate [+]November 20257.1%Unemployment rate [+]2025Q36.9%4.1%2023Q3Unemployment rate [+]Unemployed [+]2025Q366K5,950K2023Q3Unemployed [+]NMW [+]2025$839.1$328.72024NMW [+]NMW [+]2025€740.0€296.72024NMW [+]Average Wage [+]2024$21,838Average Wage [+]2024€20,176Human Capital Ranking [+]201728º65º2017Human Capital Ranking [+]Markets19,851.530001/21/2026Euro / Indonesian rupiah [+]US Dollar exchange rate [+]01/21/20260.851916,981.000001/21/2026US Dollar exchange rate [+]Stock ExchangeYTD % [+]01/21/20260.50%4.20%01/21/2026Stock ExchangeYTD % [+]PricesCPI (overall index) [+]December 20253.5%2.9%December 2025CPI (overall index) [+]HICP [+]December 20253.4%PPI Year on Year [+]November 20251.4%Money MarketKey rates [+]06/11/20252.15%4.75%09/17/2025Key rates [+]BusinessDoing Business [+]202019º73º2019Doing Business [+]IPI Year on Year [+]November 20256.9%Passengers vehicles Year [+]December 202433,318779,326December 2023Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.203.61December 2023Annual Vehicles/ 1,000 p. [+]1,395,7172023Motor vehicle production [+]Vehicles / 1,000 people [+]2021457.3578.142020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202435.4%12.1%2022Tax Revenue (%GDP) [+]Standard VAT [+]07/01/201221.00%10.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202231.4%30.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]2021478,0001,546,3002021Annual arrivals [+]Exports [+]2024€19,073.9M€239,394.6M2023Exports [+]Exports [+]2024$20,645.2M$258,857.3M2023Exports [+]Exports % GDP [+]202447.26%18.88%2023Exports % GDP [+]Imports [+]2024€21,917.7M€205,203.2M2023Imports [+]Imports [+]2024$23,723.3M$221,886.2M2023Imports [+]Imports % GDP [+]202454.31%16.19%2023Imports % GDP [+]Trade balance [+]2024€-2,843.7M€34,191.4M2023Trade balance [+]Trade balance [+]2024$-3,078.1M$36,971.1M2023Trade balance [+]Trade balance % GDP [+]2024-7.05%2.70%2023Trade balance % GDP [+]Retail Sales YoY [+]November 20252.9%Socio-DemographyGlobal AgeWatch Ranking [+]201535º74º2015Global AgeWatch Ranking [+]Density [+]2024291472024Density [+]Global Peace Ranking [+]202430º48º2024Global Peace Ranking [+]Crude divorce rate [+]20232.80‰Remittance received ($M) [+]20171,090.08,997.32017Remittance received ($M) [+]% Immigrant [+]202012.65%0.13%2020% Immigrant [+]% Emigrant [+]202020.07%1.70%2020% Emigrant [+]Birth Rate [+]20246.90‰15.94‰2023Birth Rate [+]Remittance sent ($M) [+]2017335.2877.72017Remittance sent ($M) [+]Crude death rate [+]202414.30‰7.53‰2023Crude death rate [+]Fertility Rate [+]20231.362.132023Fertility Rate [+]Crude marriage rate [+]20235.60‰% risk of poverty [+]202421.6%9.0%2024% risk of poverty [+]Population [+]20241,856,932281,604,0002024Population [+]Immigrant stock [+]2020239,422355,5052020Immigrant stock [+]Emigrant stock [+]2020380,0104,601,3692020Emigrant stock [+]HDI [+]20220.8790.7132022HDI [+]Gender Gap Ranking [+]202430º100º2024Gender Gap Ranking [+]Life expectancy [+]202476.7071.152023Life expectancy [+]Suicides [+]20232677,3552015Suicides [+]Suicide rate [+]202314.202.882015Suicide rate [+]Number of homicides [+]2023478472022Number of homicides [+]Rate Homicides per 100.000 [+]20232.500.302022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20233.562.412023CO2 Tons per capita [+]5822024Annual crude oil production [+]2,480.02021Crude Oil Reserves [+]Consumption GWh [+]20236,664356,1352023Consumption GWh [+]Generation GWh [+]20236,202382,7842023Generation GWh [+]OthersCOVID-19 - Deaths [+]12/28/20257,679162,05912/28/2025COVID-19 - Deaths [+]COVID-19 - Confirmed [+]12/28/2025977,7886,830,27412/28/2025COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,976174,965,14011/23/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]12/28/20254,135.32575.4912/28/2025COVID-19 - Deaths per million population [+]Doses administered [+]12/23/20232,979,624448,199,87011/23/2023Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,856,932Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EUIndonesiaCountrySubcontinentContinentWorldCapital: JakartaPopulation: 281,604,000Surface Area: 1,916,907 km2Currency: Indonesian rupiah (1 EUR=19,851.5300 IDR)Religion: Mostly Islam Belongs to: ACD, ASEAN, G20, IMF, UN, OPEC Compare Afghanistan Latvia Compare Albania Latvia Compare Algeria Latvia Compare Andorra Latvia Compare Angola Latvia Compare Antigua and Barbuda Latvia Compare Argentina Latvia Compare Armenia Latvia Compare Australia Latvia Compare Austria Latvia Compare Azerbaijan Latvia Compare Bahamas Latvia Compare Bahrain Latvia Compare Bangladesh Latvia Compare Barbados Latvia Compare Belarus Latvia Compare Belgium Latvia Compare Belize Latvia Compare Benin Latvia Compare Bhutan Latvia Compare Bolivia Latvia Compare Bosnia and Herzegovina Latvia Compare Botswana Latvia Compare Brazil Latvia Compare Brunei Latvia Compare Bulgaria Latvia Compare Burkina Faso Latvia Compare Burundi Latvia 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