Country comparison Latvia vs Nepal

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Gouvernement
GDP Growth (%) [+]20240%chart3.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€39,648M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$42,914M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,3352024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,4452024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart19,2072024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart20,7842024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart47.87%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€6472024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$7002024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1,0962024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1,1862024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.73%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart8,780.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart9,500.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,462.42024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,582.92024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.75%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart721.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart780.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart7.66%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart388.32024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart420.32024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.11%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart21.88%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2962024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$3202024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€492024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$532024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€242023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$262023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€132024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$142024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart352023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart108º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart78.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart23º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart109º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$152.22024NMW [+]
NMW [+]2026€780.0chart€133.52024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart98º2017Human Capital Ranking [+]
Markets
129.617901/18/2019Euro / Nepalese rupees [+]
US Dollar exchange rate [+]02/12/20260.8422chart113.680001/18/2019US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/12/2026-1.55%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart94º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart7,505December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.77December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart614,8002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€1,059.3M2023Exports [+]
Exports [+]2024$20,645.2Mchart$1,145.4M2023Exports [+]
Exports % GDP [+]202447.26%chart2.80%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€11,113.8M2023Imports [+]
Imports [+]2024$23,723.3Mchart$12,017.3M2023Imports [+]
Imports % GDP [+]202454.31%chart29.38%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-10,054.5M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-11,461.2M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-26.58%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart70º2015Global AgeWatch Ranking [+]
Density [+]202429chart2022023Density [+]
Global Peace Ranking [+]202430ºchart81º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart6,946.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart1.68%2020% Immigrant [+]
% Emigrant [+]202020.07%chart8.97%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart19.34‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart3,225.72017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.93‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.982023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart20.3%2022% risk of poverty [+]
Population [+]20241,860,565chart29,695,0002023Population [+]
Immigrant stock [+]2020239,422chart487,5642020Immigrant stock [+]
Emigrant stock [+]2020380,010chart2,599,7012020Emigrant stock [+]
HDI [+]20220.879chart0.6012022HDI [+]
Gender Gap Ranking [+]202430ºchart117º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart70.352023Life expectancy [+]
Suicides [+]2023267chart1,7092015Suicides [+]
Suicide rate [+]202314.20chart6.142015Suicide rate [+]
Number of homicides [+]202347chart6172020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart2.132020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.572023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart9,8062023Consumption GWh [+]
Generation GWh [+]20236,202chart10,6982023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart12,03401/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart1,003,94601/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart24,471,04411/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart405.2501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart62,627,62811/23/2023Doses administered [+]
Latvia
Nepal