Country comparison Latvia vs Türkiye

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Gouvernement
GDP Growth (%) [+]20240%chart3.3%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749Kchart4,067K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,359Mchart€1,253,387M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$1,323,255M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€14,1402024GDP per capita [+]
GDP per capita [+]2024$23,243chart$15,8822024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696Mchart€348,441M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart301,7032024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart326,4602024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart24.04%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€3,5222024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$3,8112024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-57,3482024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-62,0542024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-4.57%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart409,646.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart443,259.52024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart32,231.12023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart34,270.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart8.62%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart44,588,537,053.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart36,297.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart9.78%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart24,097.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart25,440.32024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.40%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart32.64%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€4,7822024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$5,1742024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€3632023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$4142023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€5222024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$4162023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€2722024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$3052024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ba307/25/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ABB-11/01/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-B07/08/2022Fitch Rating [+]
Corruption Index [+]202360chart342023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart61º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart84.02024Fragile States Index [+]
RTI Raking [+]2024107ºchart93º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart37º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%chart7.7%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart8.5%2025Q3Unemployment rate [+]
Unemployed [+]2025Q366Kchart3,057K2025Q3Unemployed [+]
NMW [+]2026$916.5chart$771.72026NMW [+]
NMW [+]2026€780.0chart€654.02026NMW [+]
Average Wage [+]2024$21,838chart$17,2872024Average Wage [+]
Average Wage [+]2024€20,176chart€15,9712024Average Wage [+]
Human Capital Ranking [+]201728ºchart75º2017Human Capital Ranking [+]
Markets
51.439402/06/2026Euro / Turkish liras [+]
US Dollar exchange rate [+]02/06/20260.8479chart43.493402/06/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/06/2026-4.00%chart19.72%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart80.2%August 2022CPI (overall index) [+]
HICP [+]December 20253.4%chart30.9%December 2025HICP [+]
PPI Year on Year [+]December 20250.3%chart27.7%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart37.00%01/23/2026Key rates [+]
Business
Doing Business [+]202019ºchart34º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%chart2.4%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart967,341December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart15.09December 2023Annual Vehicles/ 1,000 p. [+]
1,468,3932023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart223.332020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart23.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart40.8%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart50,453,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€219,315.6M2024Exports [+]
Exports [+]2024$20,645.2Mchart$237,382.8M2024Exports [+]
Exports % GDP [+]202447.26%chart17.50%2024Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€296,606.4M2024Imports [+]
Imports [+]2024$23,723.3Mchart$321,040.8M2024Imports [+]
Imports % GDP [+]202454.31%chart23.66%2024Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-77,290.7M2024Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-83,658.0M2024Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-6.17%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%chart13.9%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart75º2015Global AgeWatch Ranking [+]
Density [+]202429chart1092024Density [+]
Global Peace Ranking [+]202430ºchart139º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart2.00‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,045.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart7.24%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.08%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart11.00‰2024Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,737.42017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.70‰2024Crude death rate [+]
Fertility Rate [+]20231.36chart1.512023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart6.60‰2023Crude marriage rate [+]
% risk of poverty [+]202522.0%chart22.2%2024% risk of poverty [+]
Population [+]20241,860,565chart85,664,9442024Population [+]
Immigrant stock [+]2020239,422chart6,052,6522020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,411,4082020Emigrant stock [+]
HDI [+]20220.879chart0.8552022HDI [+]
Gender Gap Ranking [+]202430ºchart127º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart77.302023Life expectancy [+]
Suicides [+]2023267chart4,0992023Suicides [+]
Suicide rate [+]202314.20chart4.802023Suicide rate [+]
Number of homicides [+]202347chart2,8172023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart3.232023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart5.132023CO2 Tons per capita [+]
1022024Annual crude oil production [+]
366.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart294,8072023Consumption GWh [+]
Generation GWh [+]20236,202chart319,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/20267,682chart101,41901/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/2026977,790chart17,004,72501/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart53,176,96011/22/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20264,136.93chart1,183.9001/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart152,543,34011/22/2022Doses administered [+]
Latvia
Türkiye