Country comparison Latvia vs Switzerland

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart24,715K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€865,620M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$936,929M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€96,5852024GDP per capita [+]
GDP per capita [+]2024$23,250chart$104,5422024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€221,507M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart275,6342023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart298,1202023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart33.32%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€30,7552023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$33,2642023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart1,6322023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart1,7652023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart0.20%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart274,555.32023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart285,911.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart38,662.72021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart40,972.12021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart14.55%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart67,145,653,426.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart33,489.52022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart12.41%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart5,811.12023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart6,285.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart2.20%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart33.60%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€30,6352023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$31,9022023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€4,4402021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$5,2722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€7,6172023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$3,8322022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€6522023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$7132023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa02/14/2025Moody's Rating [+]
S&P Rating [+]05/31/2024AAAA10/01/1988S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA02/28/2020Fitch Rating [+]
Corruption Index [+]202360chart822023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart5º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart16.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart87º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart1º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart4.5%December 2024Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart4.4%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart224K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$5,011.62024NMW [+]
NMW [+]2025€740.0chart€4,548.82024NMW [+]
Average Wage [+]2023$20,067chart$113,6502023Average Wage [+]
Average Wage [+]2023€18,559chart€105,1052023Average Wage [+]
Human Capital Ranking [+]201728ºchart3º2017Human Capital Ranking [+]
Markets
0.954403/24/2025Euro / Swiss francs [+]
US Dollar exchange rate [+]03/24/20250.9239chart0.881303/24/2025US Dollar exchange rate [+]
0.69%03/24/202510-Year Bond Yield [+]
-20903/24/2025Risk Premium [+]
Stock ExchangeYTD % [+]03/24/20251.29%chart12.21%03/24/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart0.3%February 2025CPI (overall index) [+]
HICP [+]February 20253.7%chart0.1%February 2025HICP [+]
PPI Year on Year [+]February 20250.5%chart0.2%February 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart0.25%03/21/2025Key rates [+]
Business
Doing Business [+]202019ºchart36º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%chart4.1%December 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart464,102December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart28.91December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart603.772021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart26.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart7.70%01/01/2018Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart41.6%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart9,159,5002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€410,785.1M2024Exports [+]
Exports [+]2024$20,472.4Mchart$444,625.5M2024Exports [+]
Exports % GDP [+]202447.04%chart47.46%2024Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€337,781.2M2024Imports [+]
Imports [+]2024$23,710.0Mchart$365,607.4M2024Imports [+]
Imports % GDP [+]202454.48%chart39.02%2024Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€73,003.9M2024Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$79,018.1M2024Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart8.43%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart1.2%January 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart1º2015Global AgeWatch Ranking [+]
Density [+]202329chart2172023Density [+]
Global Peace Ranking [+]202430ºchart6º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.80‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart2,488.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart28.73%2020% Immigrant [+]
% Emigrant [+]202020.07%chart8.23%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart9.00‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart9,197.22017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart8.10‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.332023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart4.70‰2022Crude marriage rate [+]
% risk of poverty [+]202421.6%chart16.4%2023% risk of poverty [+]
Population [+]20231,871,882chart8,962,2582023Population [+]
Immigrant stock [+]2020239,422chart2,491,2492020Immigrant stock [+]
Emigrant stock [+]2020380,010chart713,6232020Emigrant stock [+]
HDI [+]20220.879chart0.9672022HDI [+]
Gender Gap Ranking [+]202430ºchart20º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart84.302023Life expectancy [+]
Suicides [+]2022226chart9942022Suicides [+]
Suicide rate [+]202212.29chart11.032022Suicide rate [+]
Number of homicides [+]202347chart532023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.602023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.872023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart55,6432023Consumption GWh [+]
Generation GWh [+]20236,360chart66,8472023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart14,17008/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart4,457,86808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart6,013,25405/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,581.0708/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart16,940,71607/03/2023Doses administered [+]
Latvia
Switzerland