Country comparison Latvia vs Timor-Leste

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Gouvernement
GDP Growth (%) [+]20240%chart4.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€1,862M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$2,015M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,3382024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,4482024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart2492024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart2692024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart13.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€1792024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$1932024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-8102024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-8772024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-43.51%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart1,690.32024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart1,829.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart100.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart109.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart4.33%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart143.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart155.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart9.16%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart49.62024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart53.72024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart2.64%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart90.79%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€1,2142024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$1,3142024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€732023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$792023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1042023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1122023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€362024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$392024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart432023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart136º2015Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart74.82024Fragile States Index [+]
RTI Raking [+]2024107ºchart133º2024RTI Raking [+]
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1chart$115.02024NMW [+]
NMW [+]2025€740.0chart€104.12024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/13/20260.8581
Stock ExchangeYTD % [+]12/30/20260.07%
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.5%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart175º2017Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202435.4%chart19.8%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart5,5002021Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€272.3M2023Exports [+]
Exports [+]2024$20,645.2Mchart$294.4M2023Exports [+]
Exports % GDP [+]202447.26%chart14.16%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€836.0M2023Imports [+]
Imports [+]2024$23,723.3Mchart$904.0M2023Imports [+]
Imports % GDP [+]202454.31%chart43.47%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-563.7M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-598.9M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-29.31%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart942024Density [+]
Global Peace Ranking [+]202430ºchart51º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart85.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.64%2020% Immigrant [+]
% Emigrant [+]202020.07%chart3.01%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart22.08‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart26.32017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart7.27‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.712023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart41.8%2014% risk of poverty [+]
Population [+]20241,856,932chart1,392,0002024Population [+]
Immigrant stock [+]2020239,422chart8,3992020Immigrant stock [+]
Emigrant stock [+]2020380,010chart39,5882020Emigrant stock [+]
HDI [+]20220.879chart0.5662022HDI [+]
Gender Gap Ranking [+]202430ºchart86º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart67.692023Life expectancy [+]
Suicides [+]2023267chart842015Suicides [+]
Suicide rate [+]202314.20chart7.032015Suicide rate [+]
Number of homicides [+]202347chart492015Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart4.072015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.482023CO2 Tons per capita [+]
22024Annual crude oil production [+]
Consumption GWh [+]20236,664chart4122023Consumption GWh [+]
Generation GWh [+]20236,202chart5112023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart13812/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart23,46012/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart801,75911/22/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart99.1412/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart2,028,79811/22/2023Doses administered [+]
Latvia
Timor-Leste
  • Capital: Dili
  • Population: 1,392,000
  • Surface Area: 14,870 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN