Rate

10.50%

-0.25

Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

  1. Countries data: Demographic and economy

Country comparison Latvia vs Kuwait

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GDP per capita (Euros) Latvia vs Kuwait comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q25,554K
Annual GDP [+]2023€40,348Mchart€149,609M2023Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$161,772M2023Annual GDP [+]
GDP per capita [+]2023€21,440chart€30,7842023GDP per capita [+]
GDP per capita [+]2023$23,307chart$33,2862023GDP per capita [+]
Quarterly GDP [+]2024Q2€10,397M
Debt (M.€.) [+]202317,581chart10,0222021Debt (M.€.) [+]
Debt ($M) [+]202319,011chart11,8612021Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart8.63%2021Debt (%GDP) [+]
Debt Per Capita [+]2023€9,392chart€2,1042021Debt Per Capita [+]
Debt Per Capita [+]2023$10,156chart$2,4902021Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-4012021Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-4742021Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-0.35%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart63,490.32021Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart75,142.22021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart6,081.82020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart6,941.02020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.91%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,899,066,000.0chart5,998.82021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20221,999,716,498.0chart7,094.82021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart9.92%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart7,866.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart8,283.72022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart11.58%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart54.70%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,828chart€13,3272021Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,546chart$15,7732021Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€1,3022020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$1,4862020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,010chart€1,4112021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,064chart$1,6692021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€1,6192022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1,7042022Defence 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 [+]202259chart422022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart46º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart55.92018Fragile States Index [+]
RTI Raking [+]2022106ºchart127º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart60º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20246.9%
Unemployment rate [+]2024Q26.9%
Unemployed [+]2024Q266K
NMW [+]2024$759.6chart$244.92022NMW [+]
NMW [+]2024€700.0chart€219.22022NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart96º2017Human Capital Ranking [+]
Markets
0.340209/26/2024Euro / Kuwaiti dinars [+]
US Dollar exchange rate [+]09/27/20240.8962chart0.305009/26/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]09/27/2024-24.21%chart4.18%09/26/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 20240.8%
HICP [+]August 20240.9%
PPI Year on Year [+]May 2024-6.7%
Money Market
Key rates [+]09/18/20243.65%
Business
Doing Business [+]202019ºchart83º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%
Passengers vehicles Year [+]December 202216,739chart93,465December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart22.66December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart448.532015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%
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 [+]20191,934,800chart8,508,0002018Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€78,987.0M2023Exports [+]
Exports [+]2023$22,446.0Mchart$85,408.6M2023Exports [+]
Exports % GDP [+]202351.93%chart52.80%2023Exports % GDP [+]
Imports [+]2023€25,317.9Mchart€34,567.7M2023Imports [+]
Imports [+]2023$27,114.4Mchart$37,378.0M2023Imports [+]
Imports % GDP [+]202362.75%chart23.11%2023Imports % GDP [+]
Trade balance [+]2023€-4,363.4Mchart€44,419.3M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$48,030.6M2023Trade balance [+]
Trade balance % GDP [+]2023-10.81%chart29.69%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart2732022Density [+]
Global Peace Ranking [+]202327ºchart35º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart4.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart66.58%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.54%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.73‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart11,733.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart2.61‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart2.092022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%
Population [+]20231,871,882chart4,860,0002022Population [+]
Immigrant stock [+]2020239,422chart3,110,1592020Immigrant stock [+]
Emigrant stock [+]2020380,010chart212,2712020Emigrant stock [+]
HDI [+]20210.863chart0.8312021HDI [+]
Gender Gap Ranking [+]202313ºchart120º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart80.262022Life expectancy [+]
Suicides [+]2021254chart1542015Suicides [+]
Suicide rate [+]202113.64chart3.682015Suicide rate [+]
Number of homicides [+]202267chart112020Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.252020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart24.902022CO2 Tons per capita [+]
2,7102023Annual crude oil production [+]
101,500.02021Crude Oil Reserves [+]
Consumption GWh [+]20225,982chart78,7032022Consumption GWh [+]
Generation GWh [+]20224,045chart86,4312022Generation 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 [+]08/04/20243,993.31chart528.8108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart8,261,22111/26/2023Doses administered [+]
Latvia
Kuwait