CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

  1. Countries data: Demographic and economy

Country comparison Latvia vs South Africa

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Electricity generation Latvia vs South Africa comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,407Kchart1,426K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€384,396M2022Annual GDP [+]
Annual GDP [+]2023$43,628Mchart$405,106M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€6,3432022GDP per capita [+]
GDP per capita [+]2023$23,169chart$6,6842022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181Mchart€86,439M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202215,948chart273,3852022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart288,1142022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart71.12%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€4,5112022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$4,7542022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-18,1372022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-19,1142022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-4.72%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart124,797.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart131,520.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart18,314.72020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart20,902.32020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart18.42%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart12,863,901,041.82020Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart15,210.02017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart13.34%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart2,844.12022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart2,997.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart2.25%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202240.40%chart32.47%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€2,0592022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$2,1702022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€3072020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$3512020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€2172020Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$2682017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€472022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$492022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba204/01/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+BB-03/08/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-BB-11/20/2020Fitch Rating [+]
Corruption Index [+]202259chart432022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart60º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart72.92018Fragile States Index [+]
RTI Raking [+]2022106ºchart14º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart58º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20246.9%chart32.7%December 2022Unemployment Rate [+]
Unemployment rate [+]2023Q46.8%chart27.5%2023Q4Unemployment rate [+]
Unemployed [+]2023Q464Kchart7,293K2023Q4Unemployed [+]
NMW [+]2024$773.5chart$248.12022NMW [+]
NMW [+]2024€700.0chart€224.72022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728ºchart87º2017Human Capital Ranking [+]
Markets
20.275204/17/2024Euro / South African rands [+]
US Dollar exchange rate [+]04/17/20240.9400chart18.964104/17/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/18/202414.75%chart-0.08%04/17/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20240.9%chart5.2%December 2023CPI (overall index) [+]
HICP [+]March 20241.0%
PPI Year on Year [+]February 2024-13.1%
Money Market
Key rates [+]09/20/20234.50%chart8.25%05/26/2023Key rates [+]
Business
Doing Business [+]202019ºchart84º2020Doing Business [+]
IPI Year on Year [+]February 2024-0.2%
Passengers vehicles Year [+]December 202216,739chart363,696December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart8.74December 2022Annual Vehicles/ 1,000 p. [+]
555,8892022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart173.412020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart27.0%2021Tax 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 [+]20191,934,800chart10,228,5932019Annual arrivals [+]
Exports [+]2023€20,940.4Mchart€104,482.7M2021Exports [+]
Exports [+]2023$22,642.9Mchart$123,571.6M2021Exports [+]
Exports % GDP [+]202351.90%chart29.52%2021Exports % GDP [+]
Imports [+]2023€25,161.3Mchart€96,380.2M2021Imports [+]
Imports [+]2023$27,206.9Mchart$113,988.9M2021Imports [+]
Imports % GDP [+]202362.36%chart27.23%2021Imports % GDP [+]
Trade balance [+]2023€-4,220.9Mchart€8,102.5M2021Trade balance [+]
Trade balance [+]2023$-4,564.1Mchart$9,582.8M2021Trade balance [+]
Trade balance % GDP [+]2023-10.46%chart2.29%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart78º2015Global AgeWatch Ranking [+]
Density [+]202229chart502022Density [+]
Global Peace Ranking [+]202327ºchart130º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart898.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart4.80%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.53%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart19.82‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2,588.72017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart11.43‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart2.372021Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%chart55.5%2014% risk of poverty [+]
Population [+]20221,883,008chart60,604,0002022Population [+]
Immigrant stock [+]2020239,422chart2,860,4952020Immigrant stock [+]
Emigrant stock [+]2020380,010chart914,9012020Emigrant stock [+]
HDI [+]20210.863chart0.7132021HDI [+]
Gender Gap Ranking [+]202313ºchart20º2023Gender Gap Ranking [+]
Life expectancy [+]202274.50chart62.342021Life expectancy [+]
Suicides [+]2021254chart3142018Suicides [+]
Suicide rate [+]202113.64chart0.502018Suicide rate [+]
Number of homicides [+]202267chart24,8652021Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart41.872021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart7.342021CO2 Tons per capita [+]
12022Annual crude oil production [+]
15.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart191,4412021Consumption GWh [+]
Generation GWh [+]20215,538chart221,5002021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20247,465chart102,59503/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/2024977,701chart4,072,64803/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart21,038,79709/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20243,964.40chart1,692.8803/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart41,798,81209/24/2023Doses administered [+]
Latvia
South Africa