Country comparison Latvia vs Nicaragua

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Gouvernement
GDP Growth (%) [+]20252.1%chart3.6%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q45,942K
Annual GDP [+]2025€43,026Mchart€18,201M2024Annual GDP [+]
Annual GDP [+]2025$48,619Mchart$19,694M2024Annual GDP [+]
GDP per capita [+]2025€23,410chart€2,6282024GDP per capita [+]
GDP per capita [+]2025$26,131chart$2,8432024GDP per capita [+]
Quarterly GDP [+]2025Q4€11,055M
Debt (M.€.) [+]202418,802chart7,1252024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart7,7102024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart39.15%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€1,0292024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$1,1132024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart4522024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart4892024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart4,931.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart5,336.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.9chart472.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart510.92023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.01%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847.5chart784.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999.7chart848.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart18.29%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,324.4chart99.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart107.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart1.90%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart27.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€7122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€692023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$752023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1152023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1242023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€710chart€142024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$162024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B203/15/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AB10/25/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-B-11/22/2019Fitch Rating [+]
Corruption Index [+]202360chart172023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart109º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart76.72024Fragile States Index [+]
RTI Raking [+]2024107ºchart24º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart124º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20266.9%
Unemployment rate [+]2025Q46.7%chart4.4%2012Q4Unemployment rate [+]
Unemployed [+]2025Q464Kchart140K2012Q4Unemployed [+]
NMW [+]2026$916.5chart$210.12024NMW [+]
NMW [+]2026€780.0chart€190.12024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart108º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/13/20260.8714chart36.624303/10/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/13/2026-2.30%
Prices
CPI (overall index) [+]February 20262.3%chart2.9%February 2026CPI (overall index) [+]
PPI Year on Year [+]January 20261.2%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart142º2020Doing Business [+]
IPI Year on Year [+]January 202613.3%
Passengers vehicles Year [+]December 202433,318chart1,296December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.24December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart76.352015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart27.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart15.00%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart30.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart817,9002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€6,823.7M2023Exports [+]
Exports [+]2025$22,153.1Mchart$7,378.5M2023Exports [+]
Exports % GDP [+]202545.57%chart41.43%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€10,095.6M2023Imports [+]
Imports [+]2025$26,277.9Mchart$10,916.4M2023Imports [+]
Imports % GDP [+]202554.05%chart61.30%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-3,271.9M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-3,537.9M2023Trade balance [+]
Trade balance % GDP [+]2025-8.48%chart-19.87%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 20265.9%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart57º2015Global AgeWatch Ranking [+]
Density [+]202429chart532024Density [+]
Global Peace Ranking [+]202430ºchart113º2024Global Peace Ranking [+]
Crude divorce rate [+]20242.80‰
Remittance received ($M) [+]20171,090.0chart1,395.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.64%2020% Immigrant [+]
% Emigrant [+]202020.07%chart10.86%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart19.38‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart134.92017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart4.59‰2023Crude death rate [+]
Fertility Rate [+]20241.24chart2.222023Fertility Rate [+]
Crude marriage rate [+]20245.50‰
% risk of poverty [+]202522.0%chart24.9%2016% risk of poverty [+]
Population [+]20241,860,565chart6,926,0002024Population [+]
Immigrant stock [+]2020239,422chart42,1672020Immigrant stock [+]
Emigrant stock [+]2020380,010chart718,1542020Emigrant stock [+]
HDI [+]20220.879chart0.6692022HDI [+]
Gender Gap Ranking [+]202430ºchart6º2024Gender Gap Ranking [+]
Life expectancy [+]202476.40chart74.952023Life expectancy [+]
Suicides [+]2023267chart5772015Suicides [+]
Suicide rate [+]202314.38chart9.182015Suicide rate [+]
Number of homicides [+]202347chart7542021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart11.352021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.872023CO2 Tons per capita [+]
Consumption GWh [+]20246,623chart4,4482024Consumption GWh [+]
Generation GWh [+]20245,913chart4,5212024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20267,710chart24502/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026977,795chart16,80502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,126,70808/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20264,143.90chart35.3702/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart15,507,76308/11/2023Doses administered [+]
Latvia
Nicaragua