Country comparison Latvia vs Japan

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Gouvernement
GDP Growth (%) [+]20240%chart0.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q25,657Kchart7,824K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€3,714,582M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$4,027,598M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€29,9832024GDP per capita [+]
GDP per capita [+]2024$23,243chart$32,4432024GDP per capita [+]
Quarterly GDP [+]2025Q2€10,504Mchart€969,298M2025Q2Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart9,347,7692023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart10,110,3602023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart240.46%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€75,0932023Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$81,2192023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-87,8842023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-95,0532023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.26%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart1,522,830.72023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart1,647,063.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart130,970.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart138,002.42022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart7.52%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart335,021,650,434.22024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart418,164.32022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart23.42%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023897.1chart46,496.52023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023970.0chart50,392.42023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart2.82%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart39.17%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€12,2332023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$13,2312023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€1,0472022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$1,1042022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2,7062024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$3,3452022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€477chart€3742023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$4042023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3A111/08/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AA+09/16/2015S&P Rating [+]
Fitch Rating [+]04/10/2020A-A02/02/2020Fitch Rating [+]
Corruption Index [+]202360chart732023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart6º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart30.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart84º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart13º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20256.4%chart2.6%September 2025Unemployment Rate [+]
Unemployment rate [+]2025Q26.7%chart2.3%2024Q4Unemployment rate [+]
Unemployed [+]2025Q264Kchart1,630K2024Q4Unemployed [+]
NMW [+]2025$839.1chart$1,296.72024NMW [+]
NMW [+]2025€740.0chart€1,168.92024NMW [+]
Average Wage [+]2024$21,838chart$35,8502024Average Wage [+]
Average Wage [+]2024€20,176chart€33,1222024Average Wage [+]
Human Capital Ranking [+]201728ºchart17º2017Human Capital Ranking [+]
Markets
177.150011/06/2025Euro / Japanese yen [+]
US Dollar exchange rate [+]11/06/20250.8671chart153.960011/06/2025US Dollar exchange rate [+]
1.68%11/06/202510-Year Bond Yield [+]
-9711/04/2025Risk Premium [+]
Stock ExchangeYTD % [+]11/06/20255.33%chart27.55%11/06/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]September 20254.1%chart2.9%September 2025CPI (overall index) [+]
HICP [+]October 20254.2%
PPI Year on Year [+]September 2025-0.4%chart2.7%September 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart0%03/19/2024Key rates [+]
Business
Doing Business [+]202019ºchart39º2019Doing Business [+]
IPI Year on Year [+]September 20256.5%chart-1.1%September 2018IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart3,992,727December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.15chart38.39December 2023Annual Vehicles/ 1,000 p. [+]
8,997,4402023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart609.482020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart34.4%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart10.00%01/01/2020Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart56.1%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart31,882,0492019Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€663,332.0M2023Exports [+]
Exports [+]2024$20,645.2Mchart$717,260.9M2023Exports [+]
Exports % GDP [+]202447.26%chart17.06%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€726,714.4M2023Imports [+]
Imports [+]2024$23,723.3Mchart$785,796.3M2023Imports [+]
Imports % GDP [+]202454.31%chart18.69%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-63,382.4M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-68,299.6M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-1.63%2023Trade balance % GDP [+]
Retail Sales YoY [+]September 20252.6%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart8º2015Global AgeWatch Ranking [+]
Density [+]202429chart3282024Density [+]
Global Peace Ranking [+]202430ºchart17º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart4,578.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.20%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.64%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart6.00‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart9,137.72017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart13.00‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.202023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%
Population [+]20241,856,932chart123,890,0002024Population [+]
Immigrant stock [+]2020239,422chart2,770,9962020Immigrant stock [+]
Emigrant stock [+]2020380,010chart808,8252020Emigrant stock [+]
HDI [+]20220.879chart0.9202022HDI [+]
Gender Gap Ranking [+]202430ºchart118º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart84.042023Life expectancy [+]
Suicides [+]2023267chart20,2912021Suicides [+]
Suicide rate [+]202314.20chart16.202021Suicide rate [+]
Number of homicides [+]202347chart2852023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.232023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart7.542023CO2 Tons per capita [+]
32024Annual crude oil production [+]
44.12021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart913,2312023Consumption GWh [+]
Generation GWh [+]20236,202chart955,0212023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/20257,641chart74,69409/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/2025977,783chart33,803,57209/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart103,455,22412/31/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20254,114.85chart602.9109/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart433,356,60012/31/2023Doses administered [+]
Latvia
Japan