Country comparison Latvia vs Italy

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart9,370K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€2,192,182M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$2,372,775M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€37,1802024GDP per capita [+]
GDP per capita [+]2024$23,250chart$40,2362024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€552,552M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart2,868,4112023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart3,097,0382023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart134.80%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€48,6412023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$52,5182023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-152,7352023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-165,1952023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-7.20%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart1,144,854.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart1,238,239.72023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart74,068.82021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart90,898.92021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart7.44%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart130,291,000,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart140,883,658,300.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart11.85%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart34,225.52023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart37,007.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart3.04%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart53.80%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€19,4142023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$20,9972023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€1,2532021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$1,4802021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€2,2082023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$2,3882023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€5802023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$6262023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa311/17/2023Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB07/26/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB12/03/2021Fitch Rating [+]
Corruption Index [+]202360chart562023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart30º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart41.12024Fragile States Index [+]
RTI Raking [+]2024107ºchart71º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart26º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart6.3%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart6.1%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart1,541K2024Q4Unemployed [+]
NMW [+]2025$768.8
NMW [+]2025€740.0
Average Wage [+]2023$20,067chart$36,2152023Average Wage [+]
Average Wage [+]2023€18,559chart€33,4922023Average Wage [+]
Human Capital Ranking [+]201728ºchart35º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/26/20250.9270chart0.927003/26/2025US Dollar exchange rate [+]
3.88%03/26/202510-Year Bond Yield [+]
11103/26/2025Risk Premium [+]
Stock ExchangeYTD % [+]03/26/20251.10%chart15.21%03/25/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart1.7%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%chart1.7%February 2025HICP [+]
PPI Year on Year [+]February 20250.5%chart6.0%January 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart2.65%03/12/2025Key rates [+]
Business
Doing Business [+]202019ºchart58º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%chart-0.6%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart2,975,569December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart25.50December 2022Annual Vehicles/ 1,000 p. [+]
880,0852023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart765.752021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart41.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart22.00%10/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart52.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart49,811,0002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€623,508.7M2024Exports [+]
Exports [+]2024$20,472.4Mchart$674,865.6M2024Exports [+]
Exports % GDP [+]202447.04%chart28.44%2024Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€568,745.6M2024Imports [+]
Imports [+]2024$23,710.0Mchart$615,417.6M2024Imports [+]
Imports % GDP [+]202454.48%chart25.94%2024Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€54,763.1M2024Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$59,448.0M2024Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart2.51%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart0.1%January 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart37º2015Global AgeWatch Ranking [+]
Density [+]202329chart1952023Density [+]
Global Peace Ranking [+]202430ºchart33º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.40‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart9,287.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart10.78%2020% Immigrant [+]
% Emigrant [+]202020.07%chart5.50%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart6.40‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart17,369.12017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart11.20‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.212023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart3.10‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart18.9%2024% risk of poverty [+]
Population [+]20231,871,882chart58,971,2302023Population [+]
Immigrant stock [+]2020239,422chart6,386,9982020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,258,8312020Emigrant stock [+]
HDI [+]20220.879chart0.9062022HDI [+]
Gender Gap Ranking [+]202430ºchart87º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart83.502023Life expectancy [+]
Suicides [+]2022226chart3,9062022Suicides [+]
Suicide rate [+]202212.29chart6.532022Suicide rate [+]
Number of homicides [+]202347chart3222022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.542022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.192023CO2 Tons per capita [+]
812023Annual crude oil production [+]
497.92021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart290,6642023Consumption GWh [+]
Generation GWh [+]20236,360chart257,0322023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart197,30708/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart26,781,07808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart47,947,09711/16/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart3,345.8208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart144,608,83911/16/2023Doses administered [+]
Latvia
Italy