Country comparison Latvia vs Taiwan

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Gouvernement
Qu. GDP Per Capita [+]2023Q45,377K
Annual GDP [+]2023€40,310Mchart€721,583M2022Annual GDP [+]
Annual GDP [+]2022$41,167Mchart$760,460M2022Annual GDP [+]
GDP per capita [+]2023€21,420chart€31,0162022GDP per capita [+]
GDP per capita [+]2022$21,947chart$32,6872022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,200M
Debt (M.€.) [+]202215,948chart214,2412022Debt (M.€.) [+]
Debt ($M) [+]202216,806chart225,7842022Debt ($M) [+]
Debt (%GDP) [+]202241.00%chart29.69%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€8,470chart€9,2092022Debt Per Capita [+]
Debt Per Capita [+]2022$8,925chart$9,7052022Debt Per Capita [+]
Deficit (M.€) [+]2022-1,789chart-12,3632022Deficit (M.€) [+]
Deficit ($M) [+]2022-1,529chart-13,0292022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.60%chart-1.71%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202215,713.4chart129,856.12022Expenditure (M.€) [+]
Expenditure ($M) [+]202216,572.0chart136,852.52022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2
Education Expenditure ($M) [+]20181,461.7
Education Expenditure (%Bud.) [+]201811.15%
Gov. Health Exp. (M.€) [+]20222,311,044,000.0
Gov. Health Exp.($M) [+]20222,433,529,332.0
Gov. Health Exp. (%Bud.) [+]20179.00%
Defence Expenditure (M.€) [+]2022796.8
Defence Expenditure ($M) [+]2022843.9
Defence Expenditure (%Bud.) [+]20225.16%
Expenditure (%GDP) [+]202240.40%chart18.00%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,345chart€5,5822022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,801chart$5,8822022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642
Education Expenditure P.C [+]2018$756
Gov. Health Exp. P.C. [+]2022€1,232
Gov. Health Exp. P.C. [+]2022$1,297
Defence Expenditure P.C. [+]2022€422
Defence Expenditure P.C. [+]2022$450
Moody's Rating [+]01/26/2024A3Aa309/22/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+AA+04/29/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA09/10/2021Fitch Rating [+]
Corruption Index [+]202259chart682022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart12º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9
RTI Raking [+]2022106ºchart125º2022RTI Raking [+]
Innovation Ranking [+]201834º
Labour
Unemployment Rate [+]January 20246.9%
Unemployment rate [+]2023Q46.8%chart3.7%2021Q1Unemployment rate [+]
Unemployed [+]2023Q464Kchart440K2021Q1Unemployed [+]
NMW [+]2023$662.4chart$910.22022NMW [+]
NMW [+]2024€700.0chart€755.52022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
33.424010/30/2020Euro / New Taiwan dollars [+]
US Dollar exchange rate [+]03/18/20240.9181chart31.410003/08/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/18/202414.56%chart40.62%03/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20240.4%
HICP [+]February 20240.6%
PPI Year on Year [+]January 2024-12.3%
Money Market
Key rates [+]09/20/20234.50%chart1.88%03/24/2023Key rates [+]
Business
Doing Business [+]202019ºchart15º2020Doing Business [+]
IPI Year on Year [+]January 2024-5.0%
Passengers vehicles Year [+]December 202216,739chart375,841December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart17.85December 2022Annual Vehicles/ 1,000 p. [+]
261,2632022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart347.752020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%
Standard VAT [+]07/01/201221.00%chart5.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart40.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart11,864,1052019Annual arrivals [+]
Exports [+]2023€20,911.0Mchart€378,534.4M2021Exports [+]
Exports [+]2023$20,736.2Mchart$447,692.6M2021Exports [+]
Exports % GDP [+]202259.06%chart57.75%2021Exports % GDP [+]
Imports [+]2023€25,127.5Mchart€323,075.2M2021Imports [+]
Imports [+]2023$24,834.5Mchart$382,101.1M2021Imports [+]
Imports % GDP [+]202272.35%chart49.29%2021Imports % GDP [+]
Trade balance [+]2023€-4,216.6Mchart€55,459.1M2021Trade balance [+]
Trade balance [+]2023$-4,495.7Mchart$65,591.5M2021Trade balance [+]
Trade balance % GDP [+]2022-13.29%chart8.46%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202229chart6472022Density [+]
Global Peace Ranking [+]202327ºchart33º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%
% Emigrant [+]202020.07%
Birth Rate [+]20228.50‰
Remittance sent ($M) [+]2017335.2
Crude death rate [+]202216.40‰
Fertility Rate [+]20221.47
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%
Population [+]20221,883,008chart23,265,0002022Population [+]
Immigrant stock [+]2020239,422
Emigrant stock [+]2020380,010
HDI [+]20210.863
Gender Gap Ranking [+]202313º
Life expectancy [+]202274.50
Suicides [+]2021254
Suicide rate [+]202113.40
Number of homicides [+]202267chart1922015Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart0.822015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20213.85chart12.072021CO2 Tons per capita [+]
02022Annual crude oil production [+]
2.42021Crude Oil Reserves [+]
Consumption GWh [+]20216,917chart278,1472021Consumption GWh [+]
Generation GWh [+]20215,538chart286,9622021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20247,465chart17,67203/09/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024977,701chart9,970,93703/09/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart20,793,08909/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20243,964.40chart759.6003/09/2023COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart68,158,98809/24/2023Doses administered [+]
  • Capital: Taipei
  • Population: 23,265,000
  • Surface Area: 35,980 km2
  • Currency: New Taiwan dollars (1 EUR=33.4240 TWD)
  • Religion: Mostly Syncretic Religions
  • Belongs to: IMF