Country comparison Latvia vs South Africa

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart1,567K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€369,962M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$400,261M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€5,9412024GDP per capita [+]
GDP per capita [+]2024$23,243chart$6,4282024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€97,575M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202418,800chart282,3962024Debt (M.€.) [+]
Debt ($M) [+]202420,607chart305,5682024Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart76.36%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€4,5352024Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$4,9072024Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-22,3892024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-24,2262024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-6.05%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart122,762.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart132,835.22024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart23,238.52023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart24,917.62023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart6.60%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart20,819.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart21,905.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart16.89%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart2,579.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart2,791.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart2.21%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart33.19%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€1,9712024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$2,1332024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€3732023Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$4042023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€3342022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$3512022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€412023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$452023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba212/03/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABB-11/15/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB-11/20/2020Fitch Rating [+]
Corruption Index [+]202360chart412023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart60º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart69.62024Fragile States Index [+]
RTI Raking [+]2024107ºchart16º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart69º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20256.7%chart32.7%December 2022Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart31.5%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart7,996K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$261.62024NMW [+]
NMW [+]2025€740.0chart€234.82024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart87º2017Human Capital Ranking [+]
Markets
20.324805/19/2025Euro / South African rands [+]
US Dollar exchange rate [+]05/19/20250.8879chart17.996405/19/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]05/19/2025-0.07%chart12.76%05/19/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20253.9%chart7.3%February 2023CPI (overall index) [+]
HICP [+]April 20254.0%
PPI Year on Year [+]March 20251.9%
Money Market
Key rates [+]04/23/20252.40%chart7.70%05/02/2025Key rates [+]
Business
Doing Business [+]202019ºchart84º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%
Passengers vehicles Year [+]December 202433,318chart347,388December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart8.54December 2023Annual Vehicles/ 1,000 p. [+]
633,3372023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart172.302020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%chart27.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart15.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart45.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart5,698,0002022Annual arrivals [+]
Exports [+]2024€19,094.0Mchart€102,520.4M2023Exports [+]
Exports [+]2024$20,667.0Mchart$110,855.3M2023Exports [+]
Exports % GDP [+]202447.49%chart29.13%2023Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€120,916.5M2023Imports [+]
Imports [+]2024$23,741.5Mchart$130,747.0M2023Imports [+]
Imports % GDP [+]202454.55%chart34.36%2023Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-18,396.1M2023Trade balance [+]
Trade balance [+]2024$-3,074.5Mchart$-19,891.7M2023Trade balance [+]
Trade balance % GDP [+]2024-7.06%chart-5.23%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart78º2015Global AgeWatch Ranking [+]
Density [+]202329chart512023Density [+]
Global Peace Ranking [+]202430ºchart127º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart898.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart4.77%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.52%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart18.78‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2,588.72017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.24‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.222023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart55.5%2014% risk of poverty [+]
Population [+]20231,871,882chart62,272,0002023Population [+]
Immigrant stock [+]2020239,422chart2,860,4952020Immigrant stock [+]
Emigrant stock [+]2020380,010chart914,9012020Emigrant stock [+]
HDI [+]20220.879chart0.7172022HDI [+]
Gender Gap Ranking [+]202430ºchart18º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart66.142023Life expectancy [+]
Suicides [+]2022226chart3142018Suicides [+]
Suicide rate [+]202212.29chart0.502018Suicide rate [+]
Number of homicides [+]202347chart27,2722022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart43.722022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart6.562023CO2 Tons per capita [+]
12024Annual crude oil production [+]
15.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart194,9782023Consumption GWh [+]
Generation GWh [+]20236,360chart219,6082023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart102,59508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart4,072,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart21,038,79709/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,647.5308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart41,798,81209/24/2023Doses administered [+]
Latvia
South Africa