AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompareDeficit Percentage of GDP Latvia vs Russia comparison Latvia Russia GouvernementQu. GDP Per Capita [+]2024Q15,539K2,584K2021Q3Qu. GDP Per Capita [+]Annual GDP [+]2023€40,348M€1,853,567M2023Annual GDP [+]Annual GDP [+]2023$43,627M$2,021,421M2023Annual GDP [+]GDP per capita [+]2023€21,440€12,9222023GDP per capita [+]GDP per capita [+]2023$23,307$14,0922023GDP per capita [+]Quarterly GDP [+]2024Q2€10,397M€377,702M2021Q3Quarterly GDP [+]Debt (M.€.) [+]202317,581402,2412022Debt (M.€.) [+]Debt ($M) [+]202319,011423,9132022Debt ($M) [+]Debt (%GDP) [+]202343.60%18.89%2022Debt (%GDP) [+]Debt Per Capita [+]2023€9,392€2,8042022Debt Per Capita [+]Debt Per Capita [+]2023$10,156$2,9552022Debt Per Capita [+]Deficit (M.€) [+]2023-893-28,8562022Deficit (M.€) [+]Deficit ($M) [+]2023-966-30,4112022Deficit ($M) [+]Deficit (%GDP) [+]2023-2.20%-1.36%2022Deficit (%GDP) [+]Expenditure (M.€) [+]202316,525.3766,631.02022Expenditure (M.€) [+]Expenditure ($M) [+]202317,868.8807,935.52022Expenditure ($M) [+]Education Expenditure (M.€) [+]20211,874.248,143.42020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20212,216.754,911.22020Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202112.65%8.94%2020Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20221,899,066,000.081,668.02021Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20221,999,716,498.096,635.02021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202114.19%15.12%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2022786.986,379.92022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2022828.691,033.92022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20225.16%10.35%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202341.00%36.00%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€8,828€5,3452022Expenditure Per Capita [+]Expenditure Per Capita [+]2023$9,546$5,6322022Expenditure Per Capita [+]Education Expenditure P.C [+]2021€995€3292020Education Expenditure P.C [+]Education Expenditure P.C [+]2021$1,155$3762020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€1,010€5632021Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2022$1,064$6662021Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€417€6022022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$450$6352022Defence 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 [+]202259282022Corruption Index [+]Competitiveness Ranking [+]201941º43º2019Competitiveness Ranking [+]Fragile States Index [+]201844.977.22018Fragile States Index [+]RTI Raking [+]2022106º43º2022RTI Raking [+]Innovation Ranking [+]201834º46º2018Innovation Ranking [+]LabourUnemployment Rate [+]July 20246.9%4.3%November 2021Unemployment Rate [+]Unemployment rate [+]2024Q17.2%2.9%2023Q4Unemployment rate [+]Unemployed [+]2024Q169K2,202K2023Q4Unemployed [+]NMW [+]2024$773.5$223.12022NMW [+]NMW [+]2024€700.0€169.42022NMW [+]Average Wage [+]2023$20,067Average Wage [+]2023€18,559Human Capital Ranking [+]201728º16º2017Human Capital Ranking [+]Markets99.715609/06/2024Euro / Russian Rubles [+]US Dollar exchange rate [+]09/06/20240.900789.822509/06/2024US Dollar exchange rate [+]Stock ExchangeYTD % [+]09/06/2024-24.89%-15.35%09/06/2024Stock ExchangeYTD % [+]PricesCPI (overall index) [+]July 20240.7%16.7%March 2022CPI (overall index) [+]HICP [+]August 20240.9%PPI Year on Year [+]May 2024-6.7%Money MarketKey rates [+]06/12/20244.25%18.00%07/29/2024Key rates [+]BusinessDoing Business [+]202019º31º2019Doing Business [+]IPI Year on Year [+]April 2024-7.8%Passengers vehicles Year [+]December 202216,739629,923December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202211.205.64December 2022Annual Vehicles/ 1,000 p. [+]608,4602022Motor vehicle production [+]Vehicles / 1,000 people [+]2021457.35365.192020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202230.5%Standard VAT [+]07/01/201221.00%20.00%01/01/2019Standard VAT [+]Top tax rate + SSC [+]202231.4%13.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,934,80024,591,9222019Annual arrivals [+]Exports [+]2023€20,954.5M€392,042.0M2023Exports [+]Exports [+]2023$22,446.0M$423,915.0M2023Exports [+]Exports % GDP [+]202351.93%21.15%2023Exports % GDP [+]Imports [+]2023€25,323.4M€280,945.2M2023Imports [+]Imports [+]2023$27,114.4M$303,786.0M2023Imports [+]Imports % GDP [+]202362.76%15.16%2023Imports % GDP [+]Trade balance [+]2023€-4,368.9M€111,096.8M2023Trade balance [+]Trade balance [+]2023$-4,668.4M$120,129.0M2023Trade balance [+]Trade balance % GDP [+]2023-10.83%5.99%2023Trade balance % GDP [+]Retail Sales YoY [+]December 20232.4%Socio-DemographyGlobal AgeWatch Ranking [+]201535º65º2015Global AgeWatch Ranking [+]Density [+]20232982022Density [+]Global Peace Ranking [+]202327º158º2023Global Peace Ranking [+]Crude divorce rate [+]20222.90‰4.00‰2018Crude divorce rate [+]Remittance received ($M) [+]20171,090.08,026.32017Remittance received ($M) [+]% Immigrant [+]202012.65%7.96%2020% Immigrant [+]% Emigrant [+]202020.07%7.36%2020% Emigrant [+]Birth Rate [+]20237.70‰8.90‰2022Birth Rate [+]Remittance sent ($M) [+]2017335.216,503.12017Remittance sent ($M) [+]Crude death rate [+]202314.90‰12.90‰2022Crude death rate [+]Fertility Rate [+]20221.471.422022Fertility Rate [+]Crude marriage rate [+]20226.30‰6.10‰2018Crude marriage rate [+]% risk of poverty [+]202322.5%11.0%2021% risk of poverty [+]Population [+]20231,871,882143,442,0002022Population [+]Immigrant stock [+]2020239,42211,636,9112020Immigrant stock [+]Emigrant stock [+]2020380,01010,756,6972020Emigrant stock [+]HDI [+]20210.8630.8222021HDI [+]Gender Gap Ranking [+]202313º81º2021Gender Gap Ranking [+]Life expectancy [+]202375.9072.552022Life expectancy [+]Suicides [+]202125417,1922019Suicides [+]Suicide rate [+]202113.6411.702019Suicide rate [+]Number of homicides [+]2022679,8662021Number of homicides [+]Rate Homicides per 100.000 [+]20223.626.802021Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.6113.312022CO2 Tons per capita [+]10,1242023Annual crude oil production [+]80,000.02021Crude Oil Reserves [+]Consumption GWh [+]20225,9821,025,5372022Consumption GWh [+]Generation GWh [+]20224,0451,138,3912022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20247,475403,18808/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/2024977,76524,268,72808/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]07/11/20221,305,97679,702,39609/27/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20243,993.312,810.8108/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]07/11/20222,895,716187,374,50809/26/2023Doses administered [+]LatviaCountrySubcontinentContinentWorldCapital: RigaPopulation: 1,871,882Surface Area: 64,590 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EURussiaCountrySubcontinentContinentWorldCapital: MoscowPopulation: 143,442,000Surface Area: 17,098,250 km2Currency: Russian Rubles (1 EUR=99.7156 RUB)Religion: Mostly Christianity Belongs to: ACD, BRICS, CIS, CoE, CTSO, EAEU, G20, G8, IMF, UN, OSCE, SCO Compare Afghanistan Latvia Compare Albania Latvia Compare Algeria Latvia Compare Andorra Latvia Compare Angola Latvia Compare Antigua and Barbuda Latvia Compare Argentina Latvia Compare Armenia Latvia Compare Australia Latvia Compare Austria Latvia Compare Azerbaijan Latvia Compare Bahamas Latvia Compare Bahrain Latvia Compare Bangladesh Latvia Compare Barbados Latvia Compare Belarus Latvia Compare Belgium Latvia Compare Belize Latvia Compare Benin Latvia Compare Bhutan Latvia Compare Bolivia Latvia Compare Bosnia and Herzegovina Latvia Compare Botswana Latvia Compare Brazil Latvia Compare Brunei Latvia Compare Bulgaria Latvia Compare Burkina Faso Latvia Compare Burundi Latvia Compare Cabo Verde Latvia Compare Cambodia Latvia Compare Cameroon Latvia Compare Canada Latvia Compare Central African Republic Latvia Compare Chad Latvia Compare Chile Latvia Compare China Latvia Compare Colombia Latvia Compare Comoros Latvia Compare Costa Rica Latvia Compare Côte d'Ivoire Latvia Compare Croatia Latvia Compare Cuba Latvia Compare Cyprus Latvia Compare Czechia Latvia Compare Democratic Republic of the Congo Latvia Compare Denmark Latvia Compare Djibouti Latvia Compare Dominica Latvia Compare Dominican Republic Latvia Compare Ecuador Latvia Compare Egypt Latvia Compare El Salvador Latvia Compare Equatorial Guinea Latvia Compare Eritrea Latvia Compare Estonia Latvia Compare Eswatini Latvia Compare Ethiopia Latvia Compare Euro zone Latvia Compare Federated States of Micronesia Latvia Compare Fiji Latvia Compare Finland Latvia Compare France Latvia Compare Gabon Latvia Compare Georgia Latvia Compare Germany Latvia Compare Ghana Latvia Compare Greece Latvia Compare Grenada Latvia Compare Guatemala Latvia Compare Guinea Latvia Compare Guinea-Bissau Latvia Compare Guyana Latvia Compare Haiti Latvia Compare Honduras Latvia Compare Hong Kong Latvia Compare Hungary Latvia Compare Iceland Latvia Compare India Latvia Compare Indonesia Latvia Compare Iran Latvia Compare Iraq Latvia Compare Ireland Latvia Compare Israel Latvia Compare Italy Latvia Compare Jamaica Latvia Compare Japan Latvia Compare Jordan Latvia Compare Kazakhstan Latvia Compare Kenya Latvia Compare Kiribati Latvia Compare Kuwait Latvia Compare Kyrgyzstan Latvia Compare Laos Latvia Compare Lebanon Latvia Compare Lesotho Latvia Compare Liberia Latvia Compare Libya Latvia Compare Liechtenstein Latvia Compare Lithuania Latvia Compare Luxembourg Latvia Compare Madagascar Latvia Compare Malawi Latvia Compare Malaysia Latvia Compare Maldives Latvia Compare Mali Latvia Compare Malta Latvia Compare Marshall Islands Latvia Compare Mauritania Latvia Compare Mauritius Latvia Compare Mexico Latvia Compare Moldova Latvia Compare Monaco Latvia Compare Mongolia Latvia Compare Montenegro Latvia Compare Morocco Latvia Compare Mozambique Latvia Compare Myanmar Latvia Compare Namibia Latvia Compare Nauru Latvia Compare Nepal Latvia Compare Netherlands Latvia Compare New Zealand Latvia Compare Nicaragua Latvia Compare Niger Latvia Compare Nigeria Latvia Compare North Korea Latvia Compare North Macedonia Latvia Compare Norway Latvia Compare Oman Latvia Compare Pakistan Latvia Compare Palau Latvia Compare Panama Latvia Compare Papua New Guinea Latvia Compare Paraguay Latvia Compare Peru Latvia Compare Philippines Latvia Compare Poland Latvia Compare Portugal Latvia Compare Qatar Latvia Compare Republic of the Congo Latvia Compare Romania Latvia Compare Russia Latvia Compare Rwanda Latvia Compare Saint Kitts and Nevis Latvia Compare Saint Lucia Latvia Compare Saint Vincent and the Grenadines Latvia Compare Samoa Latvia Compare San Marino Latvia Compare Sao Tome and Principe Latvia Compare Saudi Arabia Latvia Compare Senegal Latvia Compare Serbia Latvia Compare Seychelles Latvia Compare Sierra Leone Latvia Compare Singapore Latvia Compare Slovakia Latvia Compare Slovenia Latvia Compare Solomon Islands Latvia Compare Somalia Latvia Compare South Africa Latvia Compare South Korea Latvia Compare South Sudan Latvia Compare Spain Latvia Compare Sri Lanka Latvia Compare State of Palestine Latvia Compare Sudan Latvia Compare Suriname Latvia Compare Sweden Latvia Compare Switzerland Latvia Compare Syria Latvia Compare Taiwan Latvia Compare Tajikistan Latvia Compare Tanzania Latvia Compare Thailand Latvia Compare The Gambia Latvia Compare Timor-Leste Latvia Compare Togo Latvia Compare Tonga Latvia Compare Trinidad and Tobago Latvia Compare Tunisia Latvia Compare Türkiye Latvia Compare Turkmenistan Latvia Compare Tuvalu Latvia Compare Uganda Latvia Compare Ukraine Latvia Compare United Arab Emirates Latvia Compare United Kingdom Latvia Compare United States Latvia Compare Uruguay Latvia Compare Uzbekistan Latvia Compare Vanuatu Latvia Compare Venezuela Latvia Compare Viet Nam Latvia Compare Yemen Latvia Compare Zambia Latvia Compare Zimbabwe Latvia