Country comparison Latvia vs Namibia

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€11,414M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$12,345M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€3,8982023GDP per capita [+]
GDP per capita [+]2024$23,250chart$4,2162023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart7,5502023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart8,1662023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart66.15%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€2,5782023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$2,7892023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-3542023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-3832023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-3.11%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart4,203.42023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart4,546.32023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart1,032.42023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart1,116.62023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart24.97%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart508.62022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart534.82022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart11.74%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart312.72023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart338.22023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart7.48%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart36.83%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€1,4362023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$1,5532023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€3532023Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$3812023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1762022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1852022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€1072023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$1162023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B104/05/2024Moody's Rating [+]
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-BB-06/24/2022Fitch Rating [+]
Corruption Index [+]202360chart492023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart94º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart59.32024Fragile States Index [+]
RTI Raking [+]2024107ºchart17º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart102º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart99º2017Human Capital Ranking [+]
Markets
19.809203/17/2025Euro / Namibian dollars [+]
US Dollar exchange rate [+]03/17/20250.9172chart18.209703/17/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/17/20252.37%chart-1.20%03/17/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.6%
PPI Year on Year [+]January 2025-4.2%
Money Market
Key rates [+]03/12/20252.65%chart6.75%02/12/2025Key rates [+]
Business
Doing Business [+]202019ºchart104º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202333.2%chart19.7%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart15.00%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart37.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart461,0002022Annual arrivals [+]
Exports [+]2024€18,914.2Mchart€5,075.4M2023Exports [+]
Exports [+]2024$20,472.4Mchart$5,488.0M2023Exports [+]
Exports % GDP [+]202447.04%chart44.47%2023Exports % GDP [+]
Imports [+]2024€21,905.4Mchart€6,694.8M2023Imports [+]
Imports [+]2024$23,710.0Mchart$7,239.1M2023Imports [+]
Imports % GDP [+]202454.48%chart58.66%2023Imports % GDP [+]
Trade balance [+]2024€-2,991.2Mchart€-1,619.4M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-1,160.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-14.19%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart42023Density [+]
Global Peace Ranking [+]202430ºchart62º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart43.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart4.07%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.78%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart26.92‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart8.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart11.46‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart3.252022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202421.6%chart17.4%2015% risk of poverty [+]
Population [+]20231,871,882chart2,928,0002023Population [+]
Immigrant stock [+]2020239,422chart109,3912020Immigrant stock [+]
Emigrant stock [+]2020380,010chart47,7702020Emigrant stock [+]
HDI [+]20220.879chart0.6102022HDI [+]
Gender Gap Ranking [+]202430ºchart8º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart58.062022Life expectancy [+]
Suicides [+]2022226chart1882015Suicides [+]
Suicide rate [+]202212.00chart8.032015Suicide rate [+]
Number of homicides [+]202347chart3152021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart11.212021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.532023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart3,8912023Consumption GWh [+]
Generation GWh [+]20236,360chart1,8902023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart4,10808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart172,53308/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart550,97811/12/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,403.0108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart1,005,93711/12/2023Doses administered [+]
Latvia
Namibia