Country comparison Latvia vs Paraguay

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Gouvernement
GDP Growth (%) [+]20240%chart4.3%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€41,087M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$44,458M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€5,9662024GDP per capita [+]
GDP per capita [+]2024$23,243chart$6,4562024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart18,3932024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart19,9032024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart44.77%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€2,6712024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$2,8902024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-8702024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-9422024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.12%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart8,625.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart9,333.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,358.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,463.32023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.65%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart1,845.42023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart1,997.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart21.57%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart383.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart414.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.47%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart20.99%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€1,2522024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$1,3552024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2002023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2702023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$2922023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€562024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$602024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa307/26/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB-12/17/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB+12/06/2019Fitch Rating [+]
Corruption Index [+]202360chart282023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart97º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart61.52024Fragile States Index [+]
RTI Raking [+]2024107ºchart121º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart93º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart7.7%2017Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart93K2017Q3Unemployed [+]
NMW [+]2026$916.5chart$384.52024NMW [+]
NMW [+]2026€780.0chart€346.22024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart90º2017Human Capital Ranking [+]
Markets
7,794.072502/06/2026Euro / Guaranies [+]
US Dollar exchange rate [+]02/09/20260.8413chart6,593.970002/06/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/09/2026-3.34%
Prices
CPI (overall index) [+]December 20253.5%chart2.7%January 2026CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%chart5.75%01/29/2026Key rates [+]
Business
Doing Business [+]202019ºchart125º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart20,599December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart4.31December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart106.792015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart14.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart579,4002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€10,996.5M2023Exports [+]
Exports [+]2024$20,645.2Mchart$11,890.5M2023Exports [+]
Exports % GDP [+]202447.26%chart27.58%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€14,893.8M2023Imports [+]
Imports [+]2024$23,723.3Mchart$16,104.6M2023Imports [+]
Imports % GDP [+]202454.31%chart37.36%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-3,897.3M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-4,214.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-9.78%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart69º2015Global AgeWatch Ranking [+]
Density [+]202429chart172024Density [+]
Global Peace Ranking [+]202430ºchart74º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart732.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.59%2020% Immigrant [+]
% Emigrant [+]202020.07%chart13.67%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart19.99‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart233.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.70‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.422023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart20.1%2024% risk of poverty [+]
Population [+]20241,860,565chart6,887,0002024Population [+]
Immigrant stock [+]2020239,422chart169,5672020Immigrant stock [+]
Emigrant stock [+]2020380,010chart896,4842020Emigrant stock [+]
HDI [+]20220.879chart0.7312022HDI [+]
Gender Gap Ranking [+]202430ºchart81º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart73.842023Life expectancy [+]
Suicides [+]2023267chart6802015Suicides [+]
Suicide rate [+]202314.20chart11.132015Suicide rate [+]
Number of homicides [+]202347chart4642023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart6.782023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.132023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart14,8352023Consumption GWh [+]
Generation GWh [+]20236,202chart44,2452023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart19,88001/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart735,75901/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart3,550,67312/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart2,886.6001/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart9,954,85212/29/2023Doses administered [+]
Latvia
Paraguay