Country comparison Latvia vs Taiwan

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Gouvernement
Qu. GDP Per Capita [+]2024Q35,163K
Annual GDP [+]2024€40,208Mchart€698,676M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$755,674M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€29,9602023GDP per capita [+]
GDP per capita [+]2023$23,176chart$32,4042023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart203,3712023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart219,9632023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart29.11%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€8,7212023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$9,4322023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-17,4752023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-18,9012023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-2.50%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart132,881.52023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart143,722.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.4
Education Expenditure ($M) [+]20211,820.5
Education Expenditure (%Bud.) [+]202112.65%
Gov. Health Exp. (M.€) [+]20232,043,247,000.0
Gov. Health Exp.($M) [+]20232,209,362,981.1
Gov. Health Exp. (%Bud.) [+]202212.06%
Defence Expenditure (M.€) [+]2023886.0
Defence Expenditure ($M) [+]2023958.0
Defence Expenditure (%Bud.) [+]20235.63%
Expenditure (%GDP) [+]202344.00%chart19.02%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€5,6982023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$6,1632023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963
Education Expenditure P.C [+]2021$1,172
Gov. Health Exp. P.C. [+]2023€1,085
Gov. Health Exp. P.C. [+]2023$1,173
Defence Expenditure P.C. [+]2023€471
Defence Expenditure P.C. [+]2023$526
Moody's Rating [+]01/26/2024A3Aa304/30/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAA+04/29/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA09/10/2021Fitch Rating [+]
Corruption Index [+]202360chart672023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart12º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4
RTI Raking [+]2024107ºchart126º2024RTI Raking [+]
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%chart3.7%2021Q1Unemployment rate [+]
Unemployed [+]2024Q464Kchart440K2021Q1Unemployed [+]
NMW [+]2025$768.8chart$894.82024NMW [+]
NMW [+]2025€740.0chart€819.82024NMW [+]
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728º
Markets
33.424310/30/2020Euro / New Taiwan dollars [+]
US Dollar exchange rate [+]03/14/20250.9184chart32.810003/07/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/14/20252.33%chart-4.63%03/14/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.6%
PPI Year on Year [+]January 2025-4.2%
Money Market
Key rates [+]03/12/20252.65%chart2.00%03/22/2024Key rates [+]
Business
Doing Business [+]202019ºchart15º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318chart372,800December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart18.61December 2023Annual Vehicles/ 1,000 p. [+]
285,9622023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart347.752020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%
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 [+]2021478,000chart11,864,1052019Annual arrivals [+]
Exports [+]2024€18,914.2Mchart€399,830.3M2023Exports [+]
Exports [+]2023$22,666.7Mchart$432,336.5M2023Exports [+]
Exports % GDP [+]202353.63%chart57.23%2023Exports % GDP [+]
Imports [+]2024€21,905.4Mchart€331,970.5M2023Imports [+]
Imports [+]2023$27,324.7Mchart$358,959.7M2023Imports [+]
Imports % GDP [+]202364.80%chart47.51%2023Imports % GDP [+]
Trade balance [+]2024€-2,991.4Mchart€67,859.9M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$73,376.8M2023Trade balance [+]
Trade balance % GDP [+]2023-11.17%chart9.71%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart6482023Density [+]
Global Peace Ranking [+]202430ºchart43º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%
% Emigrant [+]202020.07%
Birth Rate [+]20237.70‰
Remittance sent ($M) [+]2017335.2
Crude death rate [+]202314.90‰
Fertility Rate [+]20231.36
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202421.6%
Population [+]20231,871,882chart23,320,0002023Population [+]
Immigrant stock [+]2020239,422
Emigrant stock [+]2020380,010
HDI [+]20220.879
Gender Gap Ranking [+]202430º
Life expectancy [+]202375.60
Suicides [+]2022226
Suicide rate [+]202212.00
Number of homicides [+]202347chart1922015Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.822015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart11.682023CO2 Tons per capita [+]
02023Annual crude oil production [+]
2.42021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart270,6482023Consumption GWh [+]
Generation GWh [+]20236,360chart278,5552023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart17,67203/09/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart9,970,93703/09/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart20,793,08909/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart757.3503/09/2023COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart68,158,98809/24/2023Doses administered [+]
Latvia
Taiwan
  • Capital: Taipei
  • Population: 23,320,000
  • Surface Area: 35,980 km2
  • Currency: New Taiwan dollars (1 EUR=33.4243 TWD)
  • Religion: Mostly Syncretic Religions
  • Belongs to: IMF