Country comparison Latvia vs Seychelles

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Gouvernement
GDP Growth (%) [+]20240%chart3.5%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€2,002M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$2,167M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€19,8252024GDP per capita [+]
GDP per capita [+]2024$23,243chart$21,4582024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart1,1602024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart1,2552024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart57.61%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€11,4812024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$12,4232024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-142024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-152024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-0.69%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart679.72024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart735.52024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart90.12023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart97.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.69%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart63.72023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart68.92023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart9.58%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart23.62024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart25.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart3.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart33.77%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€6,7302024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$7,2822024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€9032023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$9762023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€4982023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$5382023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€2342024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$2532024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-BB-10/21/2022Fitch Rating [+]
Corruption Index [+]202360chart712023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart76º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart51.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart30º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart65º2015Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart3.2%2024Q2Unemployment rate [+]
Unemployed [+]2025Q366Kchart2K2024Q2Unemployed [+]
NMW [+]2026$916.5chart$472.82023NMW [+]
NMW [+]2026€780.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]02/13/20260.8430
Stock ExchangeYTD % [+]02/13/2026-2.07%
Prices
CPI (overall index) [+]December 20253.5%chart0.5%September 2025CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart100º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
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%chart31.0%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart332,0002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€500.5M2023Exports [+]
Exports [+]2025$22,153.1Mchart$541.2M2023Exports [+]
Exports % GDP [+]202447.26%chart24.75%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€1,341.8M2023Imports [+]
Imports [+]2025$26,277.9Mchart$1,450.9M2023Imports [+]
Imports % GDP [+]202454.31%chart66.36%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-841.4M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-889.4M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-41.61%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart2202024Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart23.62017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart13.45%2020% Immigrant [+]
% Emigrant [+]202020.07%chart30.16%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart13.00‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart52.52017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart7.30‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.022023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart25.3%2018% risk of poverty [+]
Population [+]20241,860,565chart101,0002024Population [+]
Immigrant stock [+]2020239,422chart13,0502020Immigrant stock [+]
Emigrant stock [+]2020380,010chart29,2582020Emigrant stock [+]
HDI [+]20220.879chart0.8022022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart74.962023Life expectancy [+]
Suicides [+]2023267chart92015Suicides [+]
Suicide rate [+]202314.20chart9.642015Suicide rate [+]
Number of homicides [+]202347chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart7.972022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart12.762023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart5812023Consumption GWh [+]
Generation GWh [+]20236,202chart6252023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart17201/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart51,89901/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart83,56504/09/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart1,702.9701/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart224,55804/09/2023Doses administered [+]
Latvia
Seychelles