Country comparison Latvia vs New Zealand

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Gouvernement
GDP Growth (%) [+]20240%chart-0.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760Kchart10,731K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€238,773M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$260,172M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€45,1362024GDP per capita [+]
GDP per capita [+]2024$23,243chart$48,8392024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€56,766M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart119,9662024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart129,8102024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart50.24%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€22,6782024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$24,5392024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-8,6112024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-9,3172024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-3.61%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart99,955.72024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart108,157.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart12,379.22023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart13,304.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart12.73%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart19,306,127,345.42024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart20,081.72023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart19.21%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart2,851.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart3,106.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart2.82%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart41.86%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€18,8952024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$20,4462024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2,3812023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2,5752023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€3,6492024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$3,8822023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€5392024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$5832024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa04/16/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAA+02/21/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA+09/09/2022Fitch Rating [+]
Corruption Index [+]202360chart852023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart19º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart15.92024Fragile States Index [+]
RTI Raking [+]2024107ºchart52º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart25º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%chart4.7%2024Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart145K2024Q3Unemployed [+]
NMW [+]2025$839.1chart$2,271.02025NMW [+]
NMW [+]2025€740.0chart€2,189.82025NMW [+]
Average Wage [+]2024$21,838chart$39,0802015Average Wage [+]
Average Wage [+]2024€20,176chart€51,8892024Average Wage [+]
Human Capital Ranking [+]201728ºchart7º2017Human Capital Ranking [+]
Markets
1.985501/23/2026Euro / New Zealand dollars [+]
US Dollar exchange rate [+]01/22/20260.8543chart1.710101/22/2026US Dollar exchange rate [+]
4.62%01/23/202610-Year Bond Yield [+]
17101/23/2026Risk Premium [+]
Stock ExchangeYTD % [+]01/23/20260.93%chart-0.74%01/22/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart4.0%March 2024CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%chart2.25%11/26/2025Key rates [+]
Business
Doing Business [+]202019ºchart1º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318chart110,230December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart28.60December 2023Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart867.992020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart34.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart15.00%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart39.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart1,389,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€38,286.2M2023Exports [+]
Exports [+]2024$20,645.2Mchart$41,398.8M2023Exports [+]
Exports % GDP [+]202447.26%chart16.32%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€46,201.0M2023Imports [+]
Imports [+]2024$23,723.3Mchart$49,957.1M2023Imports [+]
Imports % GDP [+]202454.31%chart19.69%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-7,914.8M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-8,514.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-3.37%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart12º2015Global AgeWatch Ranking [+]
Density [+]202429chart202024Density [+]
Global Peace Ranking [+]202430ºchart4º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart297.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart27.26%2020% Immigrant [+]
% Emigrant [+]202020.07%chart15.91%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.86‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2,408.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart7.23‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.562023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%
Population [+]20241,856,932chart5,290,0002024Population [+]
Immigrant stock [+]2020239,422chart1,381,7242020Immigrant stock [+]
Emigrant stock [+]2020380,010chart806,1592020Emigrant stock [+]
HDI [+]20220.879chart0.9392022HDI [+]
Gender Gap Ranking [+]202430ºchart4º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart83.002023Life expectancy [+]
Suicides [+]2023267chart6242018Suicides [+]
Suicide rate [+]202314.20chart12.702018Suicide rate [+]
Number of homicides [+]202347chart752022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.462022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart7.222023CO2 Tons per capita [+]
72024Annual crude oil production [+]
41.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart39,7112023Consumption GWh [+]
Generation GWh [+]20236,202chart43,0102023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart4,53812/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart2,668,23612/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,291,71704/18/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart857.8412/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart13,398,39808/11/2024Doses administered [+]
Latvia
New Zealand