Country comparison Latvia vs Trinidad and Tobago

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Gouvernement
GDP Growth (%) [+]20240%chart2.5%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€23,690M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$25,634M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€16,5882024GDP per capita [+]
GDP per capita [+]2024$23,243chart$17,9492024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart15,2112024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart16,4592024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart64.50%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€11,1232024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$12,0352024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-1,3972024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-1,5122024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-5.93%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart7,592.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart8,216.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart697.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart824.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart12.57%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart858.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart928.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart11.07%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart218.32024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart236.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart2.73%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart32.20%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€5,5522024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$6,0082024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€4902023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$5302023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€5712023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$6182023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1532024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1652024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba206/14/2024Moody's Rating [+]
S&P Rating [+]05/31/2024ABBB-07/21/2022S&P Rating [+]
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360chart422023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart79º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart53.52024Fragile States Index [+]
RTI Raking [+]2024107ºchart62º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart108º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart3.5%2023Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart21K2023Q4Unemployed [+]
NMW [+]2026$916.5chart$524.12024NMW [+]
NMW [+]2026€780.0chart€475.52024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart59º2017Human Capital Ranking [+]
Markets
7.998602/12/2026Euro / Trinidad and Tobago dollars [+]
US Dollar exchange rate [+]02/13/20260.8430chart6.736202/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/16/2026-2.12%
Prices
CPI (overall index) [+]December 20253.5%chart0.4%December 2025CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%chart3.50%03/31/2020Key rates [+]
Business
Doing Business [+]202019ºchart105º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart10,707December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart10.53December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart289.782015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart24.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart12.50%01/01/2016Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart226,5002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€8,366.0M2023Exports [+]
Exports [+]2025$22,153.1Mchart$9,046.1M2023Exports [+]
Exports % GDP [+]202447.26%chart36.14%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€7,547.7M2023Imports [+]
Imports [+]2025$26,277.9Mchart$8,161.3M2023Imports [+]
Imports % GDP [+]202454.31%chart32.61%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€818.3M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$1,655.8M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart3.54%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart2672023Density [+]
Global Peace Ranking [+]202430ºchart88º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart150.42017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart5.64%2020% Immigrant [+]
% Emigrant [+]202020.07%chart23.63%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.71‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart20.32017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart8.37‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.532023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%
Population [+]20241,860,565chart1,367,5102023Population [+]
Immigrant stock [+]2020239,422chart78,8492020Immigrant stock [+]
Emigrant stock [+]2020380,010chart330,5192020Emigrant stock [+]
HDI [+]20220.879chart0.8142022HDI [+]
Gender Gap Ranking [+]202430ºchart37º2021Gender Gap Ranking [+]
Life expectancy [+]202476.70chart73.492023Life expectancy [+]
Suicides [+]2023267chart1982015Suicides [+]
Suicide rate [+]202314.20chart14.442015Suicide rate [+]
Number of homicides [+]202347chart6052022Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart40.442022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart19.712023CO2 Tons per capita [+]
512024Annual crude oil production [+]
243.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart9,0012023Consumption GWh [+]
Generation GWh [+]20236,202chart9,4932023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart4,39001/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart191,49601/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart718,96912/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart3,210.2101/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart1,592,14812/29/2023Doses administered [+]
Latvia
Trinidad and Tobago