Country comparison Latvia vs Oman

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Gouvernement
Qu. GDP Per Capita [+]2024Q35,163K
Annual GDP [+]2024€40,208Mchart€100,604M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$108,811M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€19,4742023GDP per capita [+]
GDP per capita [+]2023$23,176chart$21,0632023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart36,7042023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart39,6982023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart36.48%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€7,1052023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$7,6852023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart6,7302023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart7,2802023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart6.69%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart26,893.12023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart29,087.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.4chart4,460.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart4,815.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart14.14%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart2,679.62022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart2,821.62022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart8.31%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023886.0chart5,436.92023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023958.0chart5,880.42023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart20.66%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart26.73%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€5,2062023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$5,6302023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€9042022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$9532022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€5662022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$5972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€471chart€1,0522023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$1,1382023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba108/29/2024Moody'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 [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8chart$845.32024NMW [+]
NMW [+]2025€740.0chart€766.82024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728º
Markets
0.418603/12/2025Euro / Omani Rials [+]
US Dollar exchange rate [+]03/14/20250.9184chart0.384503/13/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/14/20252.33%chart-3.29%03/06/2025Stock 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%
Business
Doing Business [+]202019ºchart68º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
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) [+]202333.2%
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€18,914.2Mchart€58,019.1M2023Exports [+]
Exports [+]2023$22,666.7Mchart$62,736.0M2023Exports [+]
Exports % GDP [+]202353.63%chart57.67%2023Exports % GDP [+]
Imports [+]2024€21,905.4Mchart€33,646.5M2023Imports [+]
Imports [+]2023$27,324.7Mchart$36,382.0M2023Imports [+]
Imports % GDP [+]202364.80%chart33.44%2023Imports % GDP [+]
Trade balance [+]2024€-2,991.4Mchart€24,372.5M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$26,354.0M2023Trade balance [+]
Trade balance % GDP [+]2023-11.17%chart24.23%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart172023Density [+]
Global Peace Ranking [+]202430ºchart37º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart40.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart53.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.56%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart17.71‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,486.22017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart3.28‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart2.572022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202421.6%
Population [+]20231,871,882chart5,166,0002023Population [+]
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 [+]202375.60chart73.942022Life expectancy [+]
Suicides [+]2022226chart2502015Suicides [+]
Suicide rate [+]202212.00chart6.012015Suicide 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 [+]
1,0482023Annual crude oil production [+]
5,373.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart40,7382023Consumption GWh [+]
Generation GWh [+]20236,360chart45,0052023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart4,62808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart399,44908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart3,048,82610/25/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart895.8608/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart7,108,54710/25/2022Doses administered [+]
Latvia
Oman