Country comparison Latvia vs Somalia

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€10,144M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$10,969M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€5532023GDP per capita [+]
GDP per capita [+]2024$23,250chart$5972023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579
Debt ($M) [+]202319,015
Debt (%GDP) [+]202345.00%
Debt Per Capita [+]2023€9,391
Debt Per Capita [+]2023$10,158
Deficit (M.€) [+]2023-932chart62023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart62023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart0.05%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart680.52023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart736.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart20.92019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart23.42019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart4.41%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart17.12022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart18.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart2.50%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart0.02017Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart0.02017Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart19.79%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart6.71%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€372023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$402023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€12019Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$12019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€12022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$12022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€02017Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$02017Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart112023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart111.32024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]03/19/20250.9177
Stock ExchangeYTD % [+]03/19/20251.95%
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.7%
PPI Year on Year [+]January 2025-4.2%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202019ºchart190º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202333.2%chart2.6%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000
Exports [+]2024€18,992.7Mchart€695.7M2023Exports [+]
Exports [+]2024$20,472.4Mchart$752.2M2023Exports [+]
Exports % GDP [+]202447.04%chart6.86%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€3,867.0M2023Imports [+]
Imports [+]2024$23,710.0Mchart$4,181.3M2023Imports [+]
Imports % GDP [+]202454.48%chart38.12%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-3,171.3M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-3,429.1M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-31.26%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart292023Density [+]
Global Peace Ranking [+]202430ºchart153º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%chart0.35%2020% Immigrant [+]
% Emigrant [+]202020.07%chart12.22%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart43.09‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart0.92017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart11.01‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart6.202022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202421.6%chart54.4%2022% risk of poverty [+]
Population [+]20231,871,882chart18,358,6152023Population [+]
Immigrant stock [+]2020239,422chart58,5902020Immigrant stock [+]
Emigrant stock [+]2020380,010chart2,034,2212020Emigrant stock [+]
HDI [+]20220.879chart0.3802022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202375.60chart56.112022Life expectancy [+]
Suicides [+]2022226chart5782015Suicides [+]
Suicide rate [+]202212.00chart4.192015Suicide rate [+]
Number of homicides [+]202347
Rate Homicides per 100.000 [+]20232.50
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.052023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart3972023Consumption GWh [+]
Generation GWh [+]20236,360chart4122023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart1,36108/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart27,33408/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart7,666,83507/25/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart74.1308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart10,555,83407/25/2023Doses administered [+]
Latvia
Somalia