Country comparison Latvia vs Kuwait

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€151,367M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$163,716M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€31,1882023GDP per capita [+]
GDP per capita [+]2024$23,250chart$33,7322023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart4,7922023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart5,1832023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart3.17%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€9872023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$1,0682023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart45,2862023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart48,9802023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart29.92%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart73,736.22023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart79,751.62023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart6,374.52020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart7,275.02020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.91%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart6,465.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart6,807.72022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart9.40%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart7,410.52023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart8,015.12023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart9.45%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart48.71%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€15,1932023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$16,4322023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€1,4702020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$1,6782020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1,4092022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1,4832022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€1,5272023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$1,6512023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3A105/16/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AA+07/15/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-01/27/2022Fitch Rating [+]
Corruption Index [+]202360chart462023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart46º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart49.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart128º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart71º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8chart$243.92024NMW [+]
NMW [+]2025€740.0chart€222.12024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart96º2017Human Capital Ranking [+]
Markets
0.333803/25/2025Euro / Kuwaiti dinars [+]
US Dollar exchange rate [+]03/26/20250.9270chart0.308403/26/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/26/20251.10%chart10.87%03/25/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.7%
PPI Year on Year [+]February 20250.5%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202019ºchart83º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318chart112,969December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart26.67December 2023Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart478.012015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%
Standard VAT [+]07/01/201221.00%chart0%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart85,0002021Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€77,666.3M2023Exports [+]
Exports [+]2024$20,472.4Mchart$83,980.5M2023Exports [+]
Exports % GDP [+]202447.04%chart51.31%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€34,671.5M2023Imports [+]
Imports [+]2024$23,710.0Mchart$37,490.2M2023Imports [+]
Imports % GDP [+]202454.48%chart22.91%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€42,994.8M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$48,030.6M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart28.40%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart2722023Density [+]
Global Peace Ranking [+]202430ºchart25º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart4.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart71.73%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.90%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.73‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart11,733.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart2.61‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart2.092022Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%
Population [+]20231,871,882chart4,853,4202023Population [+]
Immigrant stock [+]2020239,422chart3,110,1592020Immigrant stock [+]
Emigrant stock [+]2020380,010chart212,2712020Emigrant stock [+]
HDI [+]20220.879chart0.8472022HDI [+]
Gender Gap Ranking [+]202430ºchart131º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart80.262022Life expectancy [+]
Suicides [+]2022226chart1542015Suicides [+]
Suicide rate [+]202212.29chart3.922015Suicide rate [+]
Number of homicides [+]202347chart112020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.252020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart24.902023CO2 Tons per capita [+]
2,7102023Annual crude oil production [+]
101,500.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart78,0472023Consumption GWh [+]
Generation GWh [+]20236,360chart85,5622023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart2,57008/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart667,29008/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart3,346,17611/26/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart529.5208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart8,261,22111/26/2023Doses administered [+]
Latvia
Kuwait