Country comparison Latvia vs Romania

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart4,784K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€355,017M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$384,063M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€18,6202024GDP per capita [+]
GDP per capita [+]2024$23,250chart$20,1422024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€91,215M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart157,6492023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart182,9402023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart48.90%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€8,2682023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$9,5942023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-21,1962023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-19,6822023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-6.50%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart130,587.92023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart128,552.52023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart7,880.92021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart9,501.82021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart8.14%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart14,906,545,171.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart13,344.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart11.16%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart5,235.02023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart5,661.22023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart4.37%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart40.30%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€6,8492023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$6,7422023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€4122021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$4852021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€7822023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$7012022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€2752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$2972023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Baa303/14/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB-01/24/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-BBB-05/01/2020Fitch Rating [+]
Corruption Index [+]202360chart462023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart51º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart51.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart72º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart48º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart5.5%January 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart5.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart479K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$847.92025NMW [+]
NMW [+]2025€740.0chart€814.02025NMW [+]
Average Wage [+]2023$20,067chart$19,0332023Average Wage [+]
Average Wage [+]2023€18,559chart€17,6022023Average Wage [+]
Human Capital Ranking [+]201728ºchart42º2017Human Capital Ranking [+]
Markets
4.976103/26/2025Euro / Romanian new lei [+]
US Dollar exchange rate [+]03/26/20250.9270chart4.611303/26/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/26/20251.10%chart3.39%03/18/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart5.0%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%chart5.2%February 2025HICP [+]
PPI Year on Year [+]February 20250.5%chart-1.7%January 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart6.50%08/08/2024Key rates [+]
Business
Doing Business [+]202019ºchart55º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%chart1.8%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart289,477December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart7.91December 2022Annual Vehicles/ 1,000 p. [+]
513,0502023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart464.932021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart26.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2016Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart2,683,7482019Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€92,691.0M2024Exports [+]
Exports [+]2024$20,472.4Mchart$100,326.5M2024Exports [+]
Exports % GDP [+]202447.04%chart26.11%2024Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€126,082.4M2024Imports [+]
Imports [+]2024$23,710.0Mchart$136,470.0M2024Imports [+]
Imports % GDP [+]202454.48%chart35.51%2024Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-33,391.5M2024Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-36,143.6M2024Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-9.41%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart3.2%January 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart45º2015Global AgeWatch Ranking [+]
Density [+]202329chart802023Density [+]
Global Peace Ranking [+]202430ºchart36º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.20‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart4,943.62017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.67%2020% Immigrant [+]
% Emigrant [+]202020.07%chart20.76%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart8.00‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart590.72017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart12.70‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.542023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart5.80‰2023Crude marriage rate [+]
% risk of poverty [+]202421.6%chart19.0%2024% risk of poverty [+]
Population [+]20231,871,882chart19,067,5762023Population [+]
Immigrant stock [+]2020239,422chart705,3102020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,987,0932020Emigrant stock [+]
HDI [+]20220.879chart0.8272022HDI [+]
Gender Gap Ranking [+]202430ºchart68º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart76.402023Life expectancy [+]
Suicides [+]2022226chart1,7012022Suicides [+]
Suicide rate [+]202212.29chart9.042022Suicide rate [+]
Number of homicides [+]202347chart2122023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.112023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.702023CO2 Tons per capita [+]
592023Annual crude oil production [+]
600.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart48,7302023Consumption GWh [+]
Generation GWh [+]20236,360chart57,5652023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart68,82508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart3,541,61908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart8,114,76906/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart3,609.5308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart16,827,48606/11/2022Doses administered [+]
Latvia
Romania