Country comparison Latvia vs Laos

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Gouvernement
GDP Growth (%) [+]20240%chart4.3%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€14,702M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$15,908M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,9132024GDP per capita [+]
GDP per capita [+]2024$23,243chart$2,0702024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart14,7722024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart15,9842024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart100.48%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€1,9012024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$2,0572024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart3442024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart3722024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart2.34%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart2,300.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart2,489.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart171.22023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart185.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart8.24%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart72.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart83.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart3.21%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart17.12013Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart22.72013Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart0.78%2013Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart15.65%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€2962024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$3202024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€232023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$242023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€92023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$112023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€32013Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$32013Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-CCC-08/04/2022Fitch Rating [+]
Corruption Index [+]202360chart282023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart113º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart73.82024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart111º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1chart$77.82024NMW [+]
NMW [+]2025€740.0chart€70.12024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart84º2017Human Capital Ranking [+]
Markets
25,388.500001/21/2026Euro / Kip [+]
US Dollar exchange rate [+]01/21/20260.8519chart21,594.000001/21/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/21/20260.50%chart1.80%01/21/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart4.8%November 2025CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%chart8.50%11/24/2025Key rates [+]
Business
Doing Business [+]202019ºchart154º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318chart4,064December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart1.44December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart10.3%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart811,6002020Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€7,741.1M2023Exports [+]
Exports [+]2024$20,645.2Mchart$8,370.4M2023Exports [+]
Exports % GDP [+]202447.26%chart55.78%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€7,074.1M2023Imports [+]
Imports [+]2024$23,723.3Mchart$7,649.2M2023Imports [+]
Imports % GDP [+]202454.31%chart50.97%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€667.0M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$659.7M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart4.81%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart83º2015Global AgeWatch Ranking [+]
Density [+]202429chart332024Density [+]
Global Peace Ranking [+]202430ºchart49º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart124.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.67%2020% Immigrant [+]
% Emigrant [+]202020.07%chart17.71%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart21.27‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart68.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.22‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.422023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart18.3%2018% risk of poverty [+]
Population [+]20241,856,932chart7,769,8192024Population [+]
Immigrant stock [+]2020239,422chart48,7312020Immigrant stock [+]
Emigrant stock [+]2020380,010chart1,296,0512020Emigrant stock [+]
HDI [+]20220.879chart0.6202022HDI [+]
Gender Gap Ranking [+]202430ºchart89º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart68.962023Life expectancy [+]
Suicides [+]2023267chart8372015Suicides [+]
Suicide rate [+]202314.20chart12.332015Suicide rate [+]
Number of homicides [+]202347
Rate Homicides per 100.000 [+]20232.50
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.492023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart12,8032023Consumption GWh [+]
Generation GWh [+]20236,202chart52,2952023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart67112/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart219,06012/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart5,222,41708/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart86.3612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart11,111,06608/11/2022Doses administered [+]
Latvia
Laos