Country comparison Latvia vs Marshall Islands

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,377K
Annual GDP [+]2023€40,310Mchart€248M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$261M2022Annual GDP [+]
GDP per capita [+]2023€21,420chart€5,5412022GDP per capita [+]
GDP per capita [+]2022$21,947chart$5,8402022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200M
Debt (M.€.) [+]202215,948chart472022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart502022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart19.22%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€1,0542022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$1,1112022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart22022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart22022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart0.66%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart163.22022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart172.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart32.62019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart36.52019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart16.17%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart11.72017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart13.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart9.49%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8
Defence Expenditure ($M) [+]2022843.9
Defence Expenditure (%Bud.) [+]20225.16%
Expenditure (%GDP) [+]202240.40%chart65.72%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€3,6272022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$3,8222022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€7382019Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$8262019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€2152017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$2432017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422
Defence Expenditure P.C. [+]2022$450
Moody's Rating [+]01/26/2024A3
S&P Rating [+]12/06/2022A+
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202259
Competitiveness Ranking [+]201941º
Fragile States Index [+]201844.9
RTI Raking [+]2022106º
Innovation Ranking [+]201834º
Labour
Unemployment Rate [+]January 20246.9%
Unemployment rate [+]2023Q46.8%
Unemployed [+]2023Q464K
NMW [+]2023$662.4chart$624.02022NMW [+]
NMW [+]2024€700.0chart€550.92022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]03/18/20240.9181
Stock ExchangeYTD % [+]03/18/202414.56%
Prices
CPI (overall index) [+]February 20240.4%
HICP [+]February 20240.6%
PPI Year on Year [+]January 2024-12.3%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202019ºchart153º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%
Passengers vehicles Year [+]December 202216,739
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202230.5%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]20191,934,800chart6,8002018Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€67.6M2021Exports [+]
Exports [+]2023$20,736.2Mchart$80.0M2021Exports [+]
Exports % GDP [+]202259.06%chart31.03%2021Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€67.6M2021Imports [+]
Imports [+]2023$24,834.5Mchart$80.0M2021Imports [+]
Imports % GDP [+]202272.35%chart31.03%2021Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€0M2021Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$0M2021Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart0%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202229chart2502022Density [+]
Global Peace Ranking [+]202327ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart29.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart7.50%2020% Immigrant [+]
% Emigrant [+]202020.07%chart24.74%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart19.28‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart5.72017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart7.56‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart2.732021Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%chart7.2%2019% risk of poverty [+]
Population [+]20221,883,008chart45,0002022Population [+]
Immigrant stock [+]2020239,422chart3,2982020Immigrant stock [+]
Emigrant stock [+]2020380,010chart10,8862020Emigrant stock [+]
HDI [+]20210.863chart0.6392021HDI [+]
Gender Gap Ranking [+]202313º
Life expectancy [+]202274.50chart65.272021Life expectancy [+]
Suicides [+]2021254
Suicide rate [+]202113.40
Number of homicides [+]202267chart21994Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart4.011994Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85
Consumption GWh [+]20216,917
Generation GWh [+]20215,538
Others
COVID-19 - Deaths [+]03/05/20247,465chart1703/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart16,13803/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart377.7803/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart42,52811/04/2021Doses administered [+]