Country comparison Latvia vs Tuvalu

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Gouvernement
GDP Growth (%) [+]20240%chart3.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q25,657K
Annual GDP [+]2024€40,359Mchart€52M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$56M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€5,2952024GDP per capita [+]
GDP per capita [+]2024$23,243chart$5,7292024GDP per capita [+]
Quarterly GDP [+]2025Q2€10,504M
Debt (M.€.) [+]202418,802chart42024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart42024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart6.96%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€3612024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$3912024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-42024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-52024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-8.23%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart60.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart65.82024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart6.12023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart8.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart16.79%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart7.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart7.92022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart11.21%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023897.1
Defence Expenditure ($M) [+]2023970.0
Defence Expenditure (%Bud.) [+]20235.63%
Expenditure (%GDP) [+]202445.60%chart118.41%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€6,0782024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$6,5772024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€5952023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$6432023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€7472022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$7862022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€477
Defence Expenditure P.C. [+]2023$513
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-
Corruption Index [+]202360
Competitiveness Ranking [+]201941º
Fragile States Index [+]202441.4
RTI Raking [+]2024107º
Innovation Ranking [+]202442º
Labour
Unemployment Rate [+]September 20256.4%
Unemployment rate [+]2025Q26.7%
Unemployed [+]2025Q264K
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 [+]11/14/20250.8585
Stock ExchangeYTD % [+]11/14/20256.65%
Prices
CPI (overall index) [+]October 20254.2%
HICP [+]October 20254.2%
PPI Year on Year [+]September 2025-0.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019º
IPI Year on Year [+]September 20256.5%
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 [+]2021478,000chart2442022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€0.2M2023Exports [+]
Exports [+]2024$20,645.2Mchart$0.2M2023Exports [+]
Exports % GDP [+]202447.26%chart0.34%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€39.7M2023Imports [+]
Imports [+]2024$23,723.3Mchart$42.9M2023Imports [+]
Imports % GDP [+]202454.31%chart84.15%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€-39.5M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$-24.7M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-83.81%2023Trade balance % GDP [+]
Retail Sales YoY [+]September 20252.6%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart3332024Density [+]
Global Peace Ranking [+]202430º
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart4.32017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart2.39%2020% Immigrant [+]
% Emigrant [+]202020.07%chart36.70%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart23.08‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart0.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart9.14‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart3.212023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart26.3%2010% risk of poverty [+]
Population [+]20241,856,932chart10,0002024Population [+]
Immigrant stock [+]2020239,422chart2392020Immigrant stock [+]
Emigrant stock [+]2020380,010chart3,6702020Emigrant stock [+]
HDI [+]20220.879chart0.6532022HDI [+]
Gender Gap Ranking [+]202430º
Life expectancy [+]202476.70chart67.112023Life expectancy [+]
Suicides [+]2023267
Suicide rate [+]202314.20
Number of homicides [+]202347chart02019Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart02019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56
Consumption GWh [+]20236,664
Generation GWh [+]20236,202
Others
COVID-19 - Deaths [+]09/28/20257,641chart109/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/2025977,783chart2,94309/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart9,50502/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20254,114.85chart100.0009/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart26,78302/01/2023Doses administered [+]
Latvia
Tuvalu