Country comparison Latvia vs Oman

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Gouvernement
GDP Growth (%) [+]20240%chart1.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€98,833M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$106,943M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€18,5382024GDP per capita [+]
GDP per capita [+]2024$23,243chart$20,0592024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart35,1002024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart37,9802024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart35.52%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€6,5842024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$7,1242024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart3,2692024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart3,5372024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart3.31%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart28,360.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart30,687.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart4,483.52022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart4,815.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart14.18%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart2,917.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart3,154.42023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart10.84%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart5,528.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart5,982.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart20.13%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart28.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€5,3202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$5,7562024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€9092022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$9582022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€5782023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$6252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1,0372024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1,1222024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa307/10/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB-09/27/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB08/15/2022Fitch Rating [+]
Corruption Index [+]202360chart432023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart53º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart47.42024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart74º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2026$916.5chart$845.32024NMW [+]
NMW [+]2026€780.0chart€766.82024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
0.453602/05/2026Euro / Omani Rials [+]
US Dollar exchange rate [+]02/06/20260.8479chart0.384502/05/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/06/2026-4.00%chart0%03/23/2025Stock ExchangeYTD % [+]
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 [+]202019ºchart68º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart49,924December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart13.75December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart235.632015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%
Standard VAT [+]07/01/201221.00%chart0%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart2,059,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€58,019.1M2023Exports [+]
Exports [+]2024$20,645.2Mchart$62,736.0M2023Exports [+]
Exports % GDP [+]202447.26%chart59.26%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€33,646.5M2023Imports [+]
Imports [+]2024$23,723.3Mchart$36,382.0M2023Imports [+]
Imports % GDP [+]202454.31%chart34.37%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€24,372.5M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$26,354.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart24.89%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart172024Density [+]
Global Peace Ranking [+]202430ºchart37º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart40.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart53.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.56%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart16.85‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,486.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart1.90‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.532023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%
Population [+]20241,860,565chart5,331,0002024Population [+]
Immigrant stock [+]2020239,422chart2,372,8362020Immigrant stock [+]
Emigrant stock [+]2020380,010chart25,0992020Emigrant stock [+]
HDI [+]20220.879chart0.8192022HDI [+]
Gender Gap Ranking [+]202430ºchart136º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart80.032023Life expectancy [+]
Suicides [+]2023267chart2502015Suicides [+]
Suicide rate [+]202314.20chart6.012015Suicide rate [+]
Number of homicides [+]202347chart72023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.142023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart17.112023CO2 Tons per capita [+]
9932024Annual crude oil production [+]
5,373.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart40,7382023Consumption GWh [+]
Generation GWh [+]20236,202chart45,0052023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/20267,682chart4,62801/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/2026977,790chart399,44901/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart3,048,82610/25/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20264,136.93chart868.1301/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart7,108,54710/25/2022Doses administered [+]
Latvia
Oman