Country comparison Latvia vs Iraq

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20240%chart-0.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€257,631M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$278,771M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€5,8012024GDP per capita [+]
GDP per capita [+]2024$23,243chart$6,2772024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart119,6922024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart129,5132024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart46.46%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€2,6552024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$2,8732024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-10,6742024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-11,5502024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.14%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart110,467.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart119,532.22024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart7,168.82016Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart7,933.02016Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart14.00%2016Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart6,393.42023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart6,913.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart6.18%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart6,072.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart6,571.02024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.87%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart42.88%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2,4512024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$2,6522024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€1982016Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2192016Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1422023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1532023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1372024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1482024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-B-04/16/2020Fitch Rating [+]
Corruption Index [+]202360chart232023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart88.62024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart131º2022Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$266.72023NMW [+]
NMW [+]2026€780.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]02/06/20260.8479
Stock ExchangeYTD % [+]02/09/2026-3.34%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart172º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart51,103December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart1.86December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart111.962020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart0%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart15.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart892,0002013Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€91,694.4M2023Exports [+]
Exports [+]2024$20,645.2Mchart$99,149.2M2023Exports [+]
Exports % GDP [+]202447.26%chart36.62%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€60,877.1M2023Imports [+]
Imports [+]2024$23,723.3Mchart$65,826.4M2023Imports [+]
Imports % GDP [+]202454.31%chart24.31%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€30,817.4M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$20,433.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart12.31%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart87º2015Global AgeWatch Ranking [+]
Density [+]202429chart1042023Density [+]
Global Peace Ranking [+]202430ºchart151º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart1,034.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.87%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.93%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart25.73‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart193.52017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart4.13‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.252023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart17.5%2023% risk of poverty [+]
Population [+]20241,860,565chart45,074,0492023Population [+]
Immigrant stock [+]2020239,422chart365,7662020Immigrant stock [+]
Emigrant stock [+]2020380,010chart2,077,9762020Emigrant stock [+]
HDI [+]20220.879chart0.6732022HDI [+]
Gender Gap Ranking [+]202430ºchart154º2021Gender Gap Ranking [+]
Life expectancy [+]202476.70chart72.322023Life expectancy [+]
Suicides [+]2023267chart1,1092015Suicides [+]
Suicide rate [+]202314.20chart2.952015Suicide rate [+]
Number of homicides [+]202347chart3,0292014Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart10.082014Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart4.302023CO2 Tons per capita [+]
4,4232024Annual crude oil production [+]
145,019.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart73,5212023Consumption GWh [+]
Generation GWh [+]20236,202chart150,2912023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart25,37501/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart2,465,54501/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart7,944,77501/02/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart562.9601/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart19,557,36401/02/2023Doses administered [+]
Latvia
Iraq