AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompare Latvia Malaysia GouvernementQu. GDP Per Capita [+]2024Q45,598KAnnual GDP [+]2024€40,208M€369,557M2023Annual GDP [+]Annual GDP [+]2024$43,521M$399,705M2023Annual GDP [+]GDP per capita [+]2024€21,610€11,1792023GDP per capita [+]GDP per capita [+]2024$23,250$12,0912023GDP per capita [+]Quarterly GDP [+]2024Q4€10,479MDebt (M.€.) [+]202317,579257,8122023Debt (M.€.) [+]Debt ($M) [+]202319,015278,8442023Debt ($M) [+]Debt (%GDP) [+]202345.00%69.76%2023Debt (%GDP) [+]Debt Per Capita [+]2023€9,391€7,7992023Debt Per Capita [+]Debt Per Capita [+]2023$10,158$8,4352023Debt Per Capita [+]Deficit (M.€) [+]2023-932-16,8212023Deficit (M.€) [+]Deficit ($M) [+]2023-1,539-18,1932023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.40%-4.55%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202317,187.389,333.22023Expenditure (M.€) [+]Expenditure ($M) [+]202318,349.296,621.02023Expenditure ($M) [+]Education Expenditure (M.€) [+]20211,814.313,560.12022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20211,820.514,290.72022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202112.65%20.15%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20232,043,247,000.07,648.62022Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20232,209,362,981.18,042.82022Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202212.06%8.01%2022Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2023892.83,435.72023Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2023965.33,715.92023Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20235.63%4.11%2023Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202344.00%24.17%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€9,182€2,7022023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$9,803$2,9232023Expenditure Per Capita [+]Education Expenditure P.C [+]2021€963€4152022Education Expenditure P.C [+]Education Expenditure P.C [+]2021$1,172$4382022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2023€1,085€2202022Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2023$1,173$2322022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2023€475€1042023Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2023$526$1122023Defence Expenditure P.C. [+]Moody's Rating [+]01/26/2024A3A301/24/2025Moody's Rating [+]S&P Rating [+]05/31/2024AA-06/27/2022S&P Rating [+]Fitch Rating [+]04/10/2020A-BBB+12/04/2020Fitch Rating [+]Corruption Index [+]202360502023Corruption Index [+]Competitiveness Ranking [+]201941º27º2019Competitiveness Ranking [+]Fragile States Index [+]202441.453.12024Fragile States Index [+]RTI Raking [+]2024107ºInnovation Ranking [+]202442º33º2024Innovation Ranking [+]LabourUnemployment Rate [+]January 20256.9%Unemployment rate [+]2024Q46.9%3.4%2017Q1Unemployment rate [+]Unemployed [+]2024Q464K513K2017Q1Unemployed [+]NMW [+]2025$768.8$326.82024NMW [+]NMW [+]2025€740.0€295.42024NMW [+]Average Wage [+]2023$20,067Average Wage [+]2023€18,559Human Capital Ranking [+]201728º33º2017Human Capital Ranking [+]Markets4.794703/20/2025Euro / Malaysian ringgit [+]US Dollar exchange rate [+]03/20/20250.92314.426003/20/2025US Dollar exchange rate [+]Stock ExchangeYTD % [+]03/20/20251.86%-8.41%03/20/2025Stock ExchangeYTD % [+]PricesCPI (overall index) [+]February 20253.7%HICP [+]February 20253.7%PPI Year on Year [+]January 2025-4.2%Money MarketKey rates [+]03/12/20252.65%3.00%05/03/2023Key rates [+]BusinessDoing Business [+]202019º12º2020Doing Business [+]IPI Year on Year [+]January 20250.5%Passengers vehicles Year [+]December 202433,318604,000December 2023Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.2020.06December 2023Annual Vehicles/ 1,000 p. [+]774,6002023Motor vehicle production [+]Vehicles / 1,000 people [+]2021457.35547.012020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202333.2%12.2%2022Tax Revenue (%GDP) [+]Standard VAT [+]07/01/201221.00%10.00%01/01/2019Standard VAT [+]Top tax rate + SSC [+]202231.4%30.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]2021478,00010,071,0002022Annual arrivals [+]Exports [+]2024€18,992.7M€289,309.3M2023Exports [+]Exports [+]2024$20,472.4M$312,830.2M2023Exports [+]Exports % GDP [+]202447.04%78.29%2023Exports % GDP [+]Imports [+]2024€21,910.3M€245,768.6M2023Imports [+]Imports [+]2024$23,710.0M$265,749.5M2023Imports [+]Imports % GDP [+]202454.48%66.50%2023Imports % GDP [+]Trade balance [+]2024€-2,917.6M€43,540.7M2023Trade balance [+]Trade balance [+]2024$-3,237.6M$47,090.8M2023Trade balance [+]Trade balance % GDP [+]2024-7.44%11.78%2023Trade balance % GDP [+]Retail Sales YoY [+]March 20252.4%Socio-DemographyGlobal AgeWatch Ranking [+]201535ºDensity [+]2023291002023Density [+]Global Peace Ranking [+]202430º10º2024Global Peace Ranking [+]Crude divorce rate [+]20222.90‰Remittance received ($M) [+]20171,090.01,634.02017Remittance received ($M) [+]% Immigrant [+]202012.65%10.71%2020% Immigrant [+]% Emigrant [+]202020.07%5.73%2020% Emigrant [+]Birth Rate [+]20237.70‰15.02‰2022Birth Rate [+]Remittance sent ($M) [+]2017335.26,187.22017Remittance sent ($M) [+]Crude death rate [+]202314.90‰5.44‰2022Crude death rate [+]Fertility Rate [+]20231.361.792022Fertility Rate [+]Crude marriage rate [+]20226.30‰% risk of poverty [+]202421.6%6.2%2021% risk of poverty [+]Population [+]20231,871,88233,059,0002023Population [+]Immigrant stock [+]2020239,4223,476,5602020Immigrant stock [+]Emigrant stock [+]2020380,0101,860,0372020Emigrant stock [+]HDI [+]20220.8790.8072022HDI [+]Gender Gap Ranking [+]202430º114º2024Gender Gap Ranking [+]Life expectancy [+]202375.6076.262022Life expectancy [+]Suicides [+]20222261,7522015Suicides [+]Suicide rate [+]202212.005.622015Suicide rate [+]Number of homicides [+]2023472432021Number of homicides [+]Rate Homicides per 100.000 [+]20232.500.712021Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20233.568.302023CO2 Tons per capita [+]5012023Annual crude oil production [+]3,600.02021Crude Oil Reserves [+]Consumption GWh [+]20236,822178,6532023Consumption GWh [+]Generation GWh [+]20236,360192,9792023Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20247,47537,35108/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/2024977,7655,309,41008/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,97627,551,14408/14/2024Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20243,993.311,129.8308/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]07/11/20222,895,71672,657,28808/14/2024Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,871,882Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EUMalaysiaCountrySubcontinentContinentWorldCapital: Kuala LumpurPopulation: 33,059,000Surface Area: 330,411 km2Currency: Malaysian ringgit (1 EUR=4.7947 MYR)Religion: Mostly Islam Belongs to: ACD, ASEAN, IMF, UN Compare Afghanistan Latvia Compare Albania Latvia Compare Algeria Latvia Compare Andorra Latvia Compare Angola Latvia Compare Antigua and Barbuda Latvia Compare Argentina Latvia Compare Armenia Latvia Compare Australia Latvia Compare Austria Latvia Compare Azerbaijan Latvia Compare Bahamas Latvia Compare Bahrain Latvia Compare Bangladesh Latvia Compare Barbados Latvia Compare Belarus Latvia Compare Belgium Latvia Compare Belize Latvia Compare Benin Latvia Compare Bhutan Latvia Compare Bolivia Latvia Compare Bosnia and Herzegovina Latvia Compare Botswana Latvia Compare Brazil Latvia Compare Brunei Latvia Compare Bulgaria Latvia Compare Burkina Faso Latvia Compare Burundi Latvia Compare Cabo Verde Latvia Compare Cambodia Latvia 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