Country comparison Latvia vs Kiribati

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Gouvernement
GDP Growth (%) [+]20240%chart5.3%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€285M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$308M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€2,2762024GDP per capita [+]
GDP per capita [+]2024$23,243chart$2,4632024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart312023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart332023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart11.42%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€2462023Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$2662023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart12023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart12023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart0.13%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart254.92023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart275.72023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart43.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart47.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart20.12%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart22.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart24.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart9.00%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart95.32%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2,0392023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$2,2052023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€3492023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$3782023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1732023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1872023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705
Defence Expenditure P.C. [+]2024$757
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart312011Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$179.62023NMW [+]
NMW [+]2026€780.0chart€166.32024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]02/10/20260.8408
Stock ExchangeYTD % [+]02/11/2026-3.18%
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 [+]202019ºchart164º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart16.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart1,8002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€17.1M2023Exports [+]
Exports [+]2024$20,645.2Mchart$18.5M2023Exports [+]
Exports % GDP [+]202447.26%chart6.41%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€284.8M2023Imports [+]
Imports [+]2024$23,723.3Mchart$307.9M2023Imports [+]
Imports % GDP [+]202454.31%chart106.57%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-267.6M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-88.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-100.16%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart1542023Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart18.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.63%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.29%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart25.81‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart7.05‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.152023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart5.5%2023% risk of poverty [+]
Population [+]20241,860,565chart125,0002023Population [+]
Immigrant stock [+]2020239,422chart3,1262020Immigrant stock [+]
Emigrant stock [+]2020380,010chart5,1032020Emigrant stock [+]
HDI [+]20220.879chart0.6282022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart66.472023Life expectancy [+]
Suicides [+]2023267chart162015Suicides [+]
Suicide rate [+]202314.20chart14.582015Suicide rate [+]
Number of homicides [+]202347chart82012Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart7.122012Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.762023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart272023Consumption GWh [+]
Generation GWh [+]20236,202chart322023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart2401/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart5,08501/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart81,47402/20/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart192.0001/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart219,98002/20/2023Doses administered [+]
Latvia
Kiribati