Country comparison Latvia vs Russia

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart2,557K2021Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€1,997,317M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$2,161,205M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€13,6732024GDP per capita [+]
GDP per capita [+]2024$23,243chart$14,7952024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€377,702M2021Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,800chart405,5072024Debt (M.€.) [+]
Debt ($M) [+]202420,607chart438,7812024Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart20.30%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€2,7722024Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$2,9992024Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-44,8832024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-48,5662024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.25%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart763,911.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart826,594.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart48,263.52020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart54,911.22020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart8.94%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart104,758.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart110,879.92022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart13.76%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart111,677.72023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart120,788.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart16.14%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart38.25%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€5,2222024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$5,6502024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€3272020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$3732020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€7202022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$7622022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€7632023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$8262023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ca03/06/2022Moody's Rating [+]
S&P Rating [+]05/31/2024ACC03/17/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-C03/08/2022Fitch Rating [+]
Corruption Index [+]202360chart262023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart43º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart81.62024Fragile States Index [+]
RTI Raking [+]2024107ºchart44º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart59º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20256.9%chart4.3%November 2021Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart2.9%2023Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart2,202K2023Q4Unemployed [+]
NMW [+]2025$768.8chart$214.52024NMW [+]
NMW [+]2025€740.0chart€194.02024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart16º2017Human Capital Ranking [+]
Markets
93.671404/21/2025Euro / Russian Rubles [+]
US Dollar exchange rate [+]04/22/20250.8714chart81.462004/22/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/22/2025-0.55%chart1.37%04/21/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20253.4%chart16.7%March 2022CPI (overall index) [+]
HICP [+]March 20253.5%
PPI Year on Year [+]February 20250.5%
Money Market
Key rates [+]03/12/20252.65%chart21.00%10/28/2024Key rates [+]
Business
Doing Business [+]202019ºchart31º2019Doing Business [+]
IPI Year on Year [+]February 20253.1%
Passengers vehicles Year [+]December 202433,318chart1,049,917December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart9.01December 2023Annual Vehicles/ 1,000 p. [+]
729,8642023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart361.392020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart13.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart24,591,9222019Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€392,325.9M2023Exports [+]
Exports [+]2024$20,557.3Mchart$424,222.0M2023Exports [+]
Exports % GDP [+]202447.24%chart20.60%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€280,492.9M2023Imports [+]
Imports [+]2024$23,715.3Mchart$303,297.0M2023Imports [+]
Imports % GDP [+]202454.49%chart14.73%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€111,833.0M2023Trade balance [+]
Trade balance [+]2024$-3,158.0Mchart$120,129.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.26%chart5.87%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart65º2015Global AgeWatch Ranking [+]
Density [+]202329chart92023Density [+]
Global Peace Ranking [+]202430ºchart156º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart4.00‰2018Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart8,026.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart7.88%2020% Immigrant [+]
% Emigrant [+]202020.07%chart7.28%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart8.90‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart16,503.12017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart12.90‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart1.422022Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.10‰2018Crude marriage rate [+]
% risk of poverty [+]202421.6%chart11.0%2021% risk of poverty [+]
Population [+]20231,871,882chart146,299,0002023Population [+]
Immigrant stock [+]2020239,422chart11,636,9112020Immigrant stock [+]
Emigrant stock [+]2020380,010chart10,756,6972020Emigrant stock [+]
HDI [+]20220.879chart0.8212022HDI [+]
Gender Gap Ranking [+]202430ºchart81º2021Gender Gap Ranking [+]
Life expectancy [+]202375.60chart72.552022Life expectancy [+]
Suicides [+]2022226chart17,1922019Suicides [+]
Suicide rate [+]202212.29chart11.702019Suicide rate [+]
Number of homicides [+]202347chart9,8662021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart6.772021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart14.452023CO2 Tons per capita [+]
9,8922024Annual crude oil production [+]
80,000.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart1,010,6322023Consumption GWh [+]
Generation GWh [+]20236,360chart1,123,7402023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart403,18808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart24,268,72808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart79,702,39609/27/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart2,755.9208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart187,374,50809/26/2023Doses administered [+]
Latvia
Russia