Country comparison Latvia vs Tonga

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€481M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$520M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€4,5962023GDP per capita [+]
GDP per capita [+]2024$23,250chart$4,9712023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart2082023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart2252023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart43.27%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€1,9892023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$2,1522023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart292023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart322023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart6.05%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart228.22023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart246.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart25.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart26.82022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart9.77%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart18.42022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart19.42022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart8.65%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8
Defence Expenditure ($M) [+]2023965.3
Defence Expenditure (%Bud.) [+]20235.63%
Expenditure (%GDP) [+]202344.00%chart47.44%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€2,1812023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$2,3592023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2422022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$2552022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€1752022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$1852022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475
Defence Expenditure P.C. [+]2023$526
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart312011Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]03/21/20250.9236
Stock ExchangeYTD % [+]03/21/20251.59%
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.7%
PPI Year on Year [+]January 2025-4.2%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202019ºchart103º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202333.2%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart18,4002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€9.6M2023Exports [+]
Exports [+]2024$20,472.4Mchart$10.3M2023Exports [+]
Exports % GDP [+]202447.04%chart1.99%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€251.7M2023Imports [+]
Imports [+]2024$23,710.0Mchart$272.2M2023Imports [+]
Imports % GDP [+]202454.48%chart52.36%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-242.2M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-256.2M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-50.37%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart1392023Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart145.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.74%2020% Immigrant [+]
% Emigrant [+]202020.07%chart74.55%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart22.89‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2.92017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.89‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart3.192022Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart20.6%2021% risk of poverty [+]
Population [+]20231,871,882chart104,5972023Population [+]
Immigrant stock [+]2020239,422chart3,7422020Immigrant stock [+]
Emigrant stock [+]2020380,010chart74,5502020Emigrant stock [+]
HDI [+]20220.879chart0.7392022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202375.60chart71.272022Life expectancy [+]
Suicides [+]2022226chart42015Suicides [+]
Suicide rate [+]202212.29chart3.682015Suicide rate [+]
Number of homicides [+]202347chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.952019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart1.952023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart672023Consumption GWh [+]
Generation GWh [+]20236,360chart732023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart1208/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart16,97608/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart77,36004/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart114.7308/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart203,20804/11/2023Doses administered [+]
Latvia
Tonga