Country comparison Latvia vs Turkmenistan

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Gouvernement
GDP Growth (%) [+]20240%chart3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€63,467M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$68,675M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€9,6192024GDP per capita [+]
GDP per capita [+]2024$23,243chart$10,4082024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart2,6102024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart2,8242024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart4.11%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€3962024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$4282024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-532024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-572024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-0.08%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart9,217.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart9,973.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,575.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,644.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart29.56%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart678.42023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart733.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart8.62%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart97.81999Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart104.31999Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart14.96%1999Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart14.52%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€1,3972024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$1,5122024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2422023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2622023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€922023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1002023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€211999Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$231999Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-CCC-05/18/2001Fitch Rating [+]
Corruption Index [+]202360chart182023Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4chart62.22024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%
Unemployed [+]2025Q366K
NMW [+]2025$839.1chart$365.72024NMW [+]
NMW [+]2025€740.0chart€331.02024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728º
Markets
4.059001/19/2026Euro / Turkmen new manats [+]
US Dollar exchange rate [+]01/16/20260.8608chart3.500001/19/2026US Dollar exchange rate [+]
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 [+]202019º
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318chart4,802December 2017Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.84December 2017Annual Vehicles/ 1,000 p. [+]
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 [+]2021478,000chart8,2002007Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€13,174.5M2023Exports [+]
Exports [+]2024$20,645.2Mchart$14,245.6M2023Exports [+]
Exports % GDP [+]202447.26%chart22.68%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€3,719.7M2023Imports [+]
Imports [+]2024$23,723.3Mchart$4,022.1M2023Imports [+]
Imports % GDP [+]202454.31%chart6.40%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€9,454.8M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$6,435.3M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart16.28%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart132024Density [+]
Global Peace Ranking [+]202430ºchart83º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart10.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart3.12%2020% Immigrant [+]
% Emigrant [+]202020.07%chart3.88%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart21.74‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart202.12017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.78‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart2.692023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart58.0%1998% risk of poverty [+]
Population [+]20241,856,932chart6,598,0002024Population [+]
Immigrant stock [+]2020239,422chart194,9202020Immigrant stock [+]
Emigrant stock [+]2020380,010chart242,5542020Emigrant stock [+]
HDI [+]20220.879chart0.7442022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart70.072023Life expectancy [+]
Suicides [+]2023267chart5392015Suicides [+]
Suicide rate [+]202314.20chart9.352015Suicide rate [+]
Number of homicides [+]202347chart632015Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.012015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart10.512023CO2 Tons per capita [+]
1912024Annual crude oil production [+]
600.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart21,5262023Consumption GWh [+]
Generation GWh [+]20236,202chart33,7842023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20257,674
COVID-19 - Confirmed [+]12/21/2025977,786
Fully vaccinated [+]07/11/20221,305,976
COVID-19 - Deaths per million population [+]12/21/20254,132.62
Doses administered [+]12/23/20232,979,624
Latvia
Turkmenistan