Country comparison Latvia vs Montenegro

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Gouvernement
Qu. GDP Per Capita [+]2023Q45,377Kchart2,777K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,310Mchart€5,924M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$6,230M2022Annual GDP [+]
GDP per capita [+]2023€21,420chart€9,6002022GDP per capita [+]
GDP per capita [+]2022$21,947chart$10,1022022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200Mchart€1,713M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart4,1802022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart4,4052022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart72.10%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€6,7782022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$7,1432022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-2422022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-2552022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-4.17%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart2,503.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart2,637.72022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2
Education Expenditure ($M) [+]20181,461.7
Education Expenditure (%Bud.) [+]201811.15%
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart251.82019Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart281.92019Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart12.06%2016Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022796.8chart95.22022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart100.12022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart3.95%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart43.18%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€4,0592022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$4,2772022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642
Education Expenditure P.C [+]2018$756
Gov. Health Exp. P.C. [+]2022€1,232chart€4052019Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$4532019Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€422chart€1542022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1622022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B109/09/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+B03/01/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202259chart452022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart55.32018Fragile States Index [+]
RTI Raking [+]2022106ºchart60º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart52º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20246.9%
Unemployment rate [+]2023Q46.8%chart15.4%2021Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart42K2021Q4Unemployed [+]
NMW [+]2023$662.4chart$568.92023NMW [+]
NMW [+]2024€700.0chart€532.52024NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]03/18/20240.9181chart0.918103/18/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/18/202414.56%chart-5.72%03/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20240.4%
HICP [+]February 20240.6%chart4.9%February 2024HICP [+]
PPI Year on Year [+]January 2024-12.3%chart5.6%December 2023PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202019ºchart50º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%chart5.7%January 2024IPI Year on Year [+]
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%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart2,509,6252019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€628.6M2023Exports [+]
Exports [+]2023$20,736.2Mchart$676.3M2023Exports [+]
Exports % GDP [+]202259.06%chart11.82%2022Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€3,806.5M2023Imports [+]
Imports [+]2023$24,834.5Mchart$3,658.4M2023Imports [+]
Imports % GDP [+]202272.35%chart59.75%2022Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€-3,177.9M2023Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$-2,982.1M2023Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart-47.93%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart11.6%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart68º2015Global AgeWatch Ranking [+]
Density [+]202229chart452022Density [+]
Global Peace Ranking [+]202327ºchart45º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart426.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart11.44%2020% Immigrant [+]
% Emigrant [+]202020.07%chart21.42%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart11.40‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart75.62017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart11.50‰2022Crude death rate [+]
Fertility Rate [+]20221.47chart1.762021Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202322.5%chart20.3%2022% risk of poverty [+]
Population [+]20221,883,008chart616,6952022Population [+]
Immigrant stock [+]2020239,422chart70,9992020Immigrant stock [+]
Emigrant stock [+]2020380,010chart132,9652020Emigrant stock [+]
HDI [+]20210.863chart0.8322021HDI [+]
Gender Gap Ranking [+]202313ºchart69º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart73.802021Life expectancy [+]
Suicides [+]2021254chart692015Suicides [+]
Suicide rate [+]202113.40chart11.072015Suicide rate [+]
Number of homicides [+]202267chart162022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart2.552022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85
Consumption GWh [+]20216,917chart2,8912021Consumption GWh [+]
Generation GWh [+]20215,538chart3,2992021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart2,65403/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart251,28003/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart4,303.5903/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart679,17108/26/2022Doses administered [+]