Country comparison Latvia vs Mexico

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart3,190K2024Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€1,653,896M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$1,793,799M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€12,7482023GDP per capita [+]
GDP per capita [+]2024$23,250chart$13,8262023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€413,928M2024Q3Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart752,1462022Debt (M.€.) [+]
Debt ($M) [+]202319,015chart792,6702022Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart54.17%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€5,8482022Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$6,1632022Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-59,3092022Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-62,5042022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-4.27%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart396,816.92022Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart418,196.22022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart45,428.42020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart55,799.32021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart16.20%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart49,331,159,464.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart43,446.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart10.39%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart10,865.02023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart11,784.12023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart2.37%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart28.58%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€3,0852022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$3,2522022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€3542020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$4042020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€3762023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$3382022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€842023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$912023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa211/14/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB07/06/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB-04/15/2020Fitch Rating [+]
Corruption Index [+]202360chart312023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart48º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart69.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart2º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart56º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart2.7%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart3.0%2024Q3Unemployment rate [+]
Unemployed [+]2024Q464Kchart1,830K2024Q3Unemployed [+]
NMW [+]2025$768.8chart$319.12024NMW [+]
NMW [+]2025€740.0chart€288.12024NMW [+]
Average Wage [+]2023$20,067chart$6,6712015Average Wage [+]
Average Wage [+]2023€18,559chart€11,5162023Average Wage [+]
Human Capital Ranking [+]201728ºchart69º2017Human Capital Ranking [+]
Markets
21.725803/19/2025Euro / Mexican pesos [+]
US Dollar exchange rate [+]03/19/20250.9177chart19.984503/18/2025US Dollar exchange rate [+]
9.78%03/18/202510-Year Bond Yield [+]
69703/18/2025Risk Premium [+]
Stock ExchangeYTD % [+]03/19/20251.95%chart6.51%03/18/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart3.8%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%
PPI Year on Year [+]January 2025-4.2%chart8.0%February 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart9.50%02/07/2025Key rates [+]
Business
Doing Business [+]202019ºchart54º2019Doing Business [+]
IPI Year on Year [+]January 20250.5%chart-2.8%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart641,352February 2025Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart12.02February 2025Annual Vehicles/ 1,000 p. [+]
4,002,0472023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart351.662020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart17.7%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart16.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart35.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart38,325,6002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€548,418.9M2023Exports [+]
Exports [+]2024$20,472.4Mchart$593,005.3M2023Exports [+]
Exports % GDP [+]202447.04%chart33.16%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€574,749.3M2023Imports [+]
Imports [+]2024$23,710.0Mchart$621,476.4M2023Imports [+]
Imports % GDP [+]202454.48%chart34.75%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-26,330.4M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-28,464.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-1.59%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart33º2015Global AgeWatch Ranking [+]
Density [+]202329chart662023Density [+]
Global Peace Ranking [+]202430ºchart138º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart30,600.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.93%2020% Immigrant [+]
% Emigrant [+]202020.07%chart8.72%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart14.64‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2,749.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.71‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart1.802022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart3.88‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart36.3%2022% risk of poverty [+]
Population [+]20231,871,882chart129,739,7592023Population [+]
Immigrant stock [+]2020239,422chart1,197,6242020Immigrant stock [+]
Emigrant stock [+]2020380,010chart11,185,7372020Emigrant stock [+]
HDI [+]20220.879chart0.7812022HDI [+]
Gender Gap Ranking [+]202430ºchart33º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart74.832022Life expectancy [+]
Suicides [+]2022226chart9,0722023Suicides [+]
Suicide rate [+]202212.00chart6.992023Suicide rate [+]
Number of homicides [+]202347chart32,2522023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart24.862023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.522023CO2 Tons per capita [+]
1,9362023Annual crude oil production [+]
5,786.12021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart332,0422023Consumption GWh [+]
Generation GWh [+]20236,360chart374,6192023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart334,55108/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart7,619,45808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart81,849,96203/03/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart2,578.6308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart223,158,99303/03/2023Doses administered [+]
Latvia
Mexico