Country comparison Latvia vs Rwanda

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Gouvernement
GDP Growth (%) [+]20240%chart8.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€13,170M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$14,251M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€9502024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,0282024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart8,4032023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart9,0892023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart63.42%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€6022023Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$6512023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-6682023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-7222023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-5.04%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart3,580.52023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart3,872.62023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart617.92024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart661.42024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart13.93%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart319.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart345.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart8.92%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart164.32024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart177.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.24%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart27.02%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€2572023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$2782023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€452024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$482024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€232023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€122024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$132024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024AB+01/27/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-B+09/03/2019Fitch Rating [+]
Corruption Index [+]202360chart532023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart100º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart81.82024Fragile States Index [+]
RTI Raking [+]2024107ºchart68º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart104º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%chart13.6%2024Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart684K2024Q4Unemployed [+]
NMW [+]2025$839.1chart$2.22023NMW [+]
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart71º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/16/20260.8608
Stock ExchangeYTD % [+]01/17/20261.05%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.5%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart38º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart16.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart480,0002021Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€2,280.5M2023Exports [+]
Exports [+]2024$20,645.2Mchart$2,465.9M2023Exports [+]
Exports % GDP [+]202447.26%chart17.21%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€3,567.3M2023Imports [+]
Imports [+]2024$23,723.3Mchart$3,857.3M2023Imports [+]
Imports % GDP [+]202454.31%chart26.92%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-1,286.8M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-1,418.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-9.71%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart89º2015Global AgeWatch Ranking [+]
Density [+]202429chart5412024Density [+]
Global Peace Ranking [+]202430ºchart92º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart180.62017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart4.06%2020% Immigrant [+]
% Emigrant [+]202020.07%chart3.89%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart28.35‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart324.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.94‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.702023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart27.4%2023% risk of poverty [+]
Population [+]20241,856,932chart14,256,5672024Population [+]
Immigrant stock [+]2020239,422chart513,9072020Immigrant stock [+]
Emigrant stock [+]2020380,010chart492,4892020Emigrant stock [+]
HDI [+]20220.879chart0.5482022HDI [+]
Gender Gap Ranking [+]202430ºchart39º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart67.792023Life expectancy [+]
Suicides [+]2023267chart9922015Suicides [+]
Suicide rate [+]202314.20chart8.812015Suicide rate [+]
Number of homicides [+]202347chart4722020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart3.612020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.122023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart8762023Consumption GWh [+]
Generation GWh [+]20236,202chart1,0512023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart1,46812/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart133,27412/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart10,399,66506/04/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart102.9712/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart27,322,06006/04/2023Doses administered [+]
Latvia
Rwanda
  • Capital: Kigali
  • Population: 14,256,567
  • Surface Area: 26,338 km2
  • Currency: Rwandan francs
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, AU