Country comparison Latvia vs Solomon Islands

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€1,511M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$1,633M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€1,8882023GDP per capita [+]
GDP per capita [+]2024$23,243chart$2,0422023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202418,800chart2302022Debt (M.€.) [+]
Debt ($M) [+]202420,607chart2432022Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart15.51%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€2952022Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$3112022Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-372022Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-392022Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-2.51%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart605.72022Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart638.32022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart171.62020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart195.82020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart31.89%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart49.42022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart52.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart9.72%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8
Defence Expenditure ($M) [+]2023965.3
Defence Expenditure (%Bud.) [+]20235.63%
Expenditure (%GDP) [+]202445.70%chart40.77%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€7752022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$8172022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2302020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$2632020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€632022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$672022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475
Defence Expenditure P.C. [+]2023$513
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart432023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart77.62024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]March 20256.7%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8chart$198.72023NMW [+]
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]05/16/20250.8933
Stock ExchangeYTD % [+]05/16/2025-0.08%
Prices
CPI (overall index) [+]April 20253.9%
HICP [+]April 20254.1%
PPI Year on Year [+]March 20251.9%
Money Market
Key rates [+]04/23/20252.40%
Business
Doing Business [+]202019ºchart136º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202333.0%chart18.6%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart7002021Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€394.5M2023Exports [+]
Exports [+]2024$20,639.8Mchart$426.5M2023Exports [+]
Exports % GDP [+]202447.43%chart26.12%2023Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€797.7M2023Imports [+]
Imports [+]2024$23,739.0Mchart$862.5M2023Imports [+]
Imports % GDP [+]202454.55%chart52.81%2023Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-403.2M2023Trade balance [+]
Trade balance [+]2024$-3,099.2Mchart$-304.5M2023Trade balance [+]
Trade balance % GDP [+]2024-7.12%chart-26.69%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart282023Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart20.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.34%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.57%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart26.94‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart92.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart5.14‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.562023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart12.7%2013% risk of poverty [+]
Population [+]20231,871,882chart800,0052023Population [+]
Immigrant stock [+]2020239,422chart2,5202020Immigrant stock [+]
Emigrant stock [+]2020380,010chart4,2702020Emigrant stock [+]
HDI [+]20220.879chart0.5622022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202375.60chart70.532023Life expectancy [+]
Suicides [+]2022226chart462015Suicides [+]
Suicide rate [+]202212.29chart7.142015Suicide rate [+]
Number of homicides [+]202347chart192008Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart3.732008Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.612023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart912023Consumption GWh [+]
Generation GWh [+]20236,360chart1112023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart19908/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart25,95408/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart254,35210/31/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart248.7508/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart625,95610/31/2022Doses administered [+]
Latvia
Solomon Islands
  • Capital: Honiara
  • Population: 800,005
  • Surface Area: 28,900 km2
  • Currency: Solomon Islands dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF