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 NamYemenZambiaZimbabweComparePeople rate at risk of poverty Latvia vs Malaysia comparison Latvia Malaysia GouvernementQu. GDP Per Capita [+]2023Q45,407KAnnual GDP [+]2023€40,348M€386,218M2022Annual GDP [+]Annual GDP [+]2023$43,628M$407,027M2022Annual GDP [+]GDP per capita [+]2023€21,440€11,8282022GDP per capita [+]GDP per capita [+]2023$23,169$12,4662022GDP per capita [+]Quarterly GDP [+]2024Q1€10,425MDebt (M.€.) [+]202317,581253,3332022Debt (M.€.) [+]Debt ($M) [+]202319,011266,9822022Debt ($M) [+]Debt (%GDP) [+]202343.60%65.59%2022Debt (%GDP) [+]Debt Per Capita [+]2023€9,337€7,7592022Debt Per Capita [+]Debt Per Capita [+]2023$10,096$8,1772022Debt Per Capita [+]Deficit (M.€) [+]2023-893-22,7072022Deficit (M.€) [+]Deficit ($M) [+]2023-966-23,9312022Deficit ($M) [+]Deficit (%GDP) [+]2023-2.20%-5.88%2022Deficit (%GDP) [+]Expenditure (M.€) [+]202316,525.397,868.22022Expenditure (M.€) [+]Expenditure ($M) [+]202317,868.8103,141.22022Expenditure ($M) [+]Education Expenditure (M.€) [+]20181,237.211,587.12020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20181,461.713,224.22020Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]201811.15%16.37%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20222,311,044,000.05,516.12017Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20222,433,529,332.06,229.22017Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]20179.00%8.92%2017Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2022786.93,698.22022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2022843.93,897.42022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20225.16%4.28%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202341.00%25.34%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€8,776€2,9972022Expenditure Per Capita [+]Expenditure Per Capita [+]2023$9,490$3,1592022Expenditure Per Capita [+]Education Expenditure P.C [+]2018€642€3562020Education Expenditure P.C [+]Education Expenditure P.C [+]2018$756$4062020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€1,232€1722017Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2022$1,297$1942017Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€417€1132022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$450$1192022Defence Expenditure P.C. [+]Moody's Rating [+]01/26/2024A3A304/14/2023Moody's Rating [+]S&P Rating [+]12/06/2022A+A-06/27/2022S&P Rating [+]Fitch Rating [+]04/10/2020A-BBB+12/04/2020Fitch Rating [+]Corruption Index [+]202259472022Corruption Index [+]Competitiveness Ranking [+]201941º27º2019Competitiveness Ranking [+]Fragile States Index [+]201844.963.62018Fragile States Index [+]RTI Raking [+]2022106ºInnovation Ranking [+]201834º35º2018Innovation Ranking [+]LabourUnemployment Rate [+]March 20246.8%Unemployment rate [+]2023Q46.8%3.4%2017Q1Unemployment rate [+]Unemployed [+]2023Q464K513K2017Q1Unemployed [+]NMW [+]2024$773.5$340.82022NMW [+]NMW [+]2024€700.0€317.92022NMW [+]Average Wage [+]2022$17,646Average Wage [+]2023€18,559Human Capital Ranking [+]201728º33º2017Human Capital Ranking [+]Markets5.108205/10/2024Euro / Malaysian ringgit [+]US Dollar exchange rate [+]05/10/20240.92774.739305/10/2024US Dollar exchange rate [+]Stock ExchangeYTD % [+]05/10/202410.40%7.03%05/10/2024Stock ExchangeYTD % [+]PricesCPI (overall index) [+]April 20241.1%HICP [+]April 20241.1%PPI Year on Year [+]March 2024-12.1%Money MarketKey rates [+]09/20/20234.50%3.00%05/03/2023Key rates [+]BusinessDoing Business [+]202019º12º2020Doing Business [+]IPI Year on Year [+]March 20240.7%Passengers vehicles Year [+]December 202216,739544,838December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.2018.59December 2022Annual Vehicles/ 1,000 p. [+]702,2752022Motor vehicle production [+]Vehicles / 1,000 people [+]2021457.35544.712020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202230.5%11.8%2021Tax 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 [+]20191,934,80026,100,7842019Annual arrivals [+]Exports [+]2023€20,940.4M€289,323.9M2023Exports [+]Exports [+]2023$22,446.0M$312,846.0M2023Exports [+]Exports % GDP [+]202351.90%86.58%2022Exports % GDP [+]Imports [+]2023€25,161.3M€245,773.7M2023Imports [+]Imports [+]2023$27,114.4M$265,755.1M2023Imports [+]Imports % GDP [+]202362.36%72.24%2022Imports % GDP [+]Trade balance [+]2023€-4,220.9M€43,550.2M2023Trade balance [+]Trade balance [+]2023$-4,668.4M$47,090.8M2023Trade balance [+]Trade balance % GDP [+]2023-10.46%14.33%2022Trade balance % GDP [+]Retail Sales YoY [+]December 20232.4%Socio-DemographyGlobal AgeWatch Ranking [+]201535ºDensity [+]202229992022Density [+]Global Peace Ranking [+]202327º19º2023Global Peace Ranking [+]Crude divorce rate [+]20222.90‰Remittance received ($M) [+]20171,090.01,634.02017Remittance received ($M) [+]% Immigrant [+]202012.65%10.67%2020% Immigrant [+]% Emigrant [+]202020.07%5.71%2020% Emigrant [+]Birth Rate [+]20228.50‰15.24‰2021Birth Rate [+]Remittance sent ($M) [+]2017335.26,187.22017Remittance sent ($M) [+]Crude death rate [+]202216.40‰6.03‰2021Crude death rate [+]Fertility Rate [+]20221.471.802021Fertility Rate [+]Crude marriage rate [+]20226.30‰% risk of poverty [+]202322.5%6.2%2021% risk of poverty [+]Population [+]20221,883,00832,652,0002022Population [+]Immigrant stock [+]2020239,4223,476,5602020Immigrant stock [+]Emigrant stock [+]2020380,0101,860,0372020Emigrant stock [+]HDI [+]20210.8630.8032021HDI [+]Gender Gap Ranking [+]202313º102º2023Gender Gap Ranking [+]Life expectancy [+]202375.9074.882021Life expectancy [+]Suicides [+]20212541,7522015Suicides [+]Suicide rate [+]202113.645.622015Suicide rate [+]Number of homicides [+]2022672432021Number of homicides [+]Rate Homicides per 100.000 [+]20223.620.722021Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.618.232022CO2 Tons per capita [+]5012023Annual crude oil production [+]3,600.02021Crude Oil Reserves [+]Consumption GWh [+]20225,982181,0042022Consumption GWh [+]Generation GWh [+]20224,045194,2902022Generation GWh [+]OthersCOVID-19 - Deaths [+]04/28/20247,46537,34904/28/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]04/28/2024977,7015,279,14504/28/2024COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,97627,551,02705/11/2024Fully vaccinated [+]COVID-19 - Deaths per million population [+]04/28/20243,964.401,143.8504/28/2024COVID-19 - Deaths per million population [+]Doses administered [+]07/11/20222,895,71672,655,41005/11/2024Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,883,008Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EUMalaysiaCountrySubcontinentContinentWorldCapital: Kuala LumpurPopulation: 32,652,000Surface Area: 330,241 km2Currency: Malaysian ringgit (1 EUR=5.1082 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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