Country comparison Latvia vs Maldives

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Gouvernement
GDP Growth (%) [+]20240%chart3.3%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€6,517M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$7,052M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€16,1302024GDP per capita [+]
GDP per capita [+]2024$23,243chart$17,4542024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart8,6892024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart9,4022024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart133.32%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€16,4622024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$17,8132024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-9062024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-9802024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-13.90%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart3,003.22024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart3,249.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart315.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart341.62023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart9.65%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart444.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart481.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart15.57%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart46.08%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€5,6902024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$6,1572024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€7952023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$8602023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€8462023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$9152023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705
Defence Expenditure P.C. [+]2024$757
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-B-10/29/2021Fitch Rating [+]
Corruption Index [+]202360chart392023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart60.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart22º2024RTI Raking [+]
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1chart$370.52022NMW [+]
NMW [+]2025€740.0chart€327.02022NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/16/20260.8608chart15.420001/15/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/17/20261.05%
Prices
CPI (overall index) [+]December 20253.5%chart1.4%November 2025CPI (overall index) [+]
HICP [+]December 20253.5%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%chart7.00%04/01/2012Key rates [+]
Business
Doing Business [+]202019ºchart147º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart20.4%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart1,675,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€389.7M2023Exports [+]
Exports [+]2024$20,645.2Mchart$421.4M2023Exports [+]
Exports % GDP [+]202447.26%chart6.38%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€3,234.2M2023Imports [+]
Imports [+]2024$23,723.3Mchart$3,497.2M2023Imports [+]
Imports % GDP [+]202454.31%chart52.91%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-2,844.5M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-3,075.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-46.54%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart1,7592024Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart4.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart18.54%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.98%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart11.02‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart188.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart2.34‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.582023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart5.4%2019% risk of poverty [+]
Population [+]20241,856,932chart527,7992024Population [+]
Immigrant stock [+]2020239,422chart70,0792020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,7152020Emigrant stock [+]
HDI [+]20220.879chart0.7622022HDI [+]
Gender Gap Ranking [+]202430ºchart132º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart81.042023Life expectancy [+]
Suicides [+]2023267chart312015Suicides [+]
Suicide rate [+]202314.20chart9.012015Suicide rate [+]
Number of homicides [+]202347chart32019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.622019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart6.002023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart8212023Consumption GWh [+]
Generation GWh [+]20236,202chart8472023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart31612/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart186,69412/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart385,16705/25/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart598.7112/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart951,76405/25/2023Doses administered [+]
Latvia
Maldives