Country comparison Latvia vs Tonga

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Gouvernement
GDP Growth (%) [+]20240%chart2.1%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€473M2023Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$512M2023Annual GDP [+]
GDP per capita [+]2024€21,640chart€4,5262023GDP per capita [+]
GDP per capita [+]2024$23,243chart$4,8952023GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart2082023Debt (M.€.) [+]
Debt ($M) [+]202420,343chart2252023Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart43.95%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€1,9902023Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$2,1522023Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart292023Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart322023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart6.14%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart228.22023Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart246.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart25.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart27.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart9.33%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart16.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart17.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart7.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9
Defence Expenditure ($M) [+]20241,423.2
Defence Expenditure (%Bud.) [+]20247.49%
Expenditure (%GDP) [+]202445.60%chart48.18%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€2,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$2,3602023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2472022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2602022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1532023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1652023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705
Defence Expenditure P.C. [+]2024$757
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 [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
US Dollar exchange rate [+]01/16/20260.8608
Stock ExchangeYTD % [+]01/17/20261.05%
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 [+]202019ºchart103º2020Doing 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%
Standard VAT [+]07/01/201221.00%
Top tax rate + SSC [+]202231.4%
Trade
Annual arrivals [+]2021478,000chart18,4002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€9.6M2023Exports [+]
Exports [+]2024$20,645.2Mchart$10.3M2023Exports [+]
Exports % GDP [+]202447.26%chart2.02%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€251.7M2023Imports [+]
Imports [+]2024$23,723.3Mchart$272.2M2023Imports [+]
Imports % GDP [+]202454.31%chart53.18%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-242.2M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-256.2M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-51.16%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart1392024Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart145.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.74%2020% Immigrant [+]
% Emigrant [+]202020.07%chart74.55%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart23.12‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart2.92017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.44‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.132023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart20.6%2021% risk of poverty [+]
Population [+]20241,856,932chart104,1752024Population [+]
Immigrant stock [+]2020239,422chart3,7422020Immigrant stock [+]
Emigrant stock [+]2020380,010chart74,5502020Emigrant stock [+]
HDI [+]20220.879chart0.7392022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart72.902023Life expectancy [+]
Suicides [+]2023267chart42015Suicides [+]
Suicide rate [+]202314.20chart3.682015Suicide 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 [+]20236,664chart672023Consumption GWh [+]
Generation GWh [+]20236,202chart732023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674chart1312/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025977,786chart16,99212/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart77,39006/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20254,132.62chart124.7912/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart204,73706/30/2023Doses administered [+]
Latvia
Tonga