Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

Unemployment

6.7%

-1.0

  1. Countries data: Demographic and economy

Country comparison Latvia vs Türkiye

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Merchandise Imports % GDP Latvia vs Türkiye comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q25,554Kchart3,346K2024Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€40,348Mchart€1,020,055M2023Annual GDP [+]
Annual GDP [+]2023$43,627Mchart$1,108,022M2023Annual GDP [+]
GDP per capita [+]2023€21,440chart€11,9482023GDP per capita [+]
GDP per capita [+]2023$23,307chart$12,9792023GDP per capita [+]
Quarterly GDP [+]2024Q2€10,397Mchart€285,622M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]202317,581chart272,4442022Debt (M.€.) [+]
Debt ($M) [+]202319,011chart287,1232022Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart31.70%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,392chart€3,1952022Debt Per Capita [+]
Debt Per Capita [+]2023$10,156chart$3,3672022Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-14,1982022Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-14,9622022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-1.65%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart241,173.32022Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart254,167.22022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,874.2chart22,551.22022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20212,216.7chart23,723.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart8.78%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,899,066,000.0chart24,001,682,884.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20221,999,716,498.0chart29,465.02021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.19%chart11.53%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart10,636.52022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022828.6chart11,189.22022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart4.40%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart28.06%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,828chart€2,8282022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,546chart$2,9802022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€995chart€2652022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,155chart$2782022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,010chart€2822022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,064chart$3482021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€1252022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$1312022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B107/19/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AB+05/03/2024S&P Rating [+]
Fitch Rating [+]04/10/2020A-B07/08/2022Fitch Rating [+]
Corruption Index [+]202259chart362022Corruption Index [+]
Competitiveness Ranking [+]201941ºchart61º2019Competitiveness Ranking [+]
Fragile States Index [+]201844.9chart82.22018Fragile States Index [+]
RTI Raking [+]2022106ºchart90º2022RTI Raking [+]
Innovation Ranking [+]201834ºchart50º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20246.9%chart9.2%June 2024Unemployment Rate [+]
Unemployment rate [+]2024Q26.9%chart9.3%2024Q1Unemployment rate [+]
Unemployed [+]2024Q266Kchart3,255K2024Q1Unemployed [+]
NMW [+]2024$759.6chart$621.92024NMW [+]
NMW [+]2024€700.0chart€572.02024NMW [+]
Average Wage [+]2023$20,067chart$13,3932023Average Wage [+]
Average Wage [+]2023€18,559chart€12,3862023Average Wage [+]
Human Capital Ranking [+]201728ºchart75º2017Human Capital Ranking [+]
Markets
38.085709/20/2024Euro / Turkish liras [+]
US Dollar exchange rate [+]09/20/20240.8956chart33.983709/20/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]09/20/2024-23.72%chart32.53%09/20/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 20240.8%chart80.2%August 2022CPI (overall index) [+]
HICP [+]August 20240.9%chart52.0%August 2024HICP [+]
PPI Year on Year [+]May 2024-6.7%chart57.7%May 2024PPI Year on Year [+]
Money Market
Key rates [+]09/18/20243.65%chart50.00%03/22/2024Key rates [+]
Business
Doing Business [+]202019ºchart34º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%chart-0.6%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,739chart592,660December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart9.70December 2022Annual Vehicles/ 1,000 p. [+]
1,352,6482022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart223.332020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202230.5%chart20.8%2022Tax 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 [+]20191,934,800chart51,191,8822019Annual arrivals [+]
Exports [+]2023€20,954.5Mchart€214,179.9M2023Exports [+]
Exports [+]2023$22,446.0Mchart$255,777.4M2023Exports [+]
Exports % GDP [+]202351.93%chart21.00%2023Exports % GDP [+]
Imports [+]2023€25,317.9Mchart€311,586.2M2023Imports [+]
Imports [+]2023$27,114.4Mchart$361,774.0M2023Imports [+]
Imports % GDP [+]202362.75%chart30.55%2023Imports % GDP [+]
Trade balance [+]2023€-4,363.4Mchart€-97,406.2M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$-105,996.6M2023Trade balance [+]
Trade balance % GDP [+]2023-10.81%chart-9.55%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%chart21.9%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart75º2015Global AgeWatch Ranking [+]
Density [+]202329chart1092023Density [+]
Global Peace Ranking [+]202327ºchart147º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart2.10‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart1,045.12017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart7.24%2020% Immigrant [+]
% Emigrant [+]202020.07%chart4.08%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart11.20‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,737.42017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.20‰2023Crude death rate [+]
Fertility Rate [+]20221.47chart1.632022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart6.80‰2022Crude marriage rate [+]
% risk of poverty [+]202322.5%chart22.4%2022% risk of poverty [+]
Population [+]20231,871,882chart85,372,3772023Population [+]
Immigrant stock [+]2020239,422chart6,052,6522020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,411,4082020Emigrant stock [+]
HDI [+]20210.863chart0.8382021HDI [+]
Gender Gap Ranking [+]202313ºchart129º2023Gender Gap Ranking [+]
Life expectancy [+]202375.90chart76.302022Life expectancy [+]
Suicides [+]2021254chart4,1872021Suicides [+]
Suicide rate [+]202113.64chart4.982021Suicide rate [+]
Number of homicides [+]202267chart2,2792022Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart2.672022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart5.662022CO2 Tons per capita [+]
792023Annual crude oil production [+]
366.02021Crude Oil Reserves [+]
Consumption GWh [+]20225,982chart280,4582022Consumption GWh [+]
Generation GWh [+]20224,045chart308,1962022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart101,41908/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart17,004,71808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart53,176,96111/22/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart1,187.9608/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart152,543,34111/22/2022Doses administered [+]
Latvia
Türkiye