Country comparison Latvia vs United Kingdom

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Gouvernement
GDP Growth (%) [+]20252.1%chart1.3%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q45,942Kchart12,865K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2025€43,026Mchart€3,545,339M2025Annual GDP [+]
Annual GDP [+]2025$48,619Mchart$3,999,625M2025Annual GDP [+]
GDP per capita [+]2025€23,410chart€51,9352025GDP per capita [+]
GDP per capita [+]2025$26,131chart$58,5902025GDP per capita [+]
Quarterly GDP [+]2025Q4€11,055Mchart€878,215M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202418,802chart3,409,5802024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart3,689,3542024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart101.23%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€49,9462024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$54,0452024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-193,6322024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-209,5212024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-5.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart1,483,373.62024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart1,605,091.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.9chart145,880.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart156,486.72022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart10.64%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847.5chart304,812.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999.7chart302,871.92023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart20.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,324.4chart76,749.62024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart84,184.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart5.25%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart44.04%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€21,7302024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$23,5132024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2,1582022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2,2742022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€4,3852024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$4,4212023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€710chart€1,1092024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1,2002024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aa310/20/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AAA04/21/2023S&P Rating [+]
Fitch Rating [+]04/10/2020A-AA-03/27/2020Fitch Rating [+]
Corruption Index [+]202360chart712023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart9º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart40.82024Fragile States Index [+]
RTI Raking [+]2024107ºchart43º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart5º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20266.9%chart5.2%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.9%chart4.2%2024Q2Unemployment rate [+]
Unemployed [+]2025Q366Kchart1,449K2024Q2Unemployed [+]
NMW [+]2026$916.5chart$2,608.12025NMW [+]
NMW [+]2026€780.0chart€2,512.12025NMW [+]
Average Wage [+]2024$21,838chart$52,2782019Average Wage [+]
Average Wage [+]2024€20,176chart€52,9242024Average Wage [+]
Human Capital Ranking [+]201728ºchart23º2017Human Capital Ranking [+]
Markets
0.862403/12/2026Euro / British pounds [+]
US Dollar exchange rate [+]03/12/20260.8660chart0.746403/12/2026US Dollar exchange rate [+]
4.81%03/13/202610-Year Bond Yield [+]
18403/13/2026Risk Premium [+]
Stock ExchangeYTD % [+]03/12/2026-2.52%chart4.40%03/12/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20262.3%chart3.0%January 2026CPI (overall index) [+]
0.3%November 2020HICP [+]
PPI Year on Year [+]January 20261.2%chart0.3%January 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart3.75%12/18/2025Key rates [+]
Business
Doing Business [+]202019ºchart8º2020Doing Business [+]
IPI Year on Year [+]January 202613.3%chart-2.9%December 2020IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart3,762,680December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart28.75December 2022Annual Vehicles/ 1,000 p. [+]
1,025,4742023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart639.662021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart34.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%01/04/2011Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart47.7%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart30,741,0002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€481,864.1M2023Exports [+]
Exports [+]2025$22,153.1Mchart$521,039.7M2023Exports [+]
Exports % GDP [+]202545.57%chart15.46%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€732,010.2M2023Imports [+]
Imports [+]2025$26,277.9Mchart$791,522.6M2023Imports [+]
Imports % GDP [+]202554.05%chart23.49%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-250,146.1M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-270,611.3M2023Trade balance [+]
Trade balance % GDP [+]2025-8.48%chart-8.03%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 20265.9%chart1.4%December 2020Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart10º2015Global AgeWatch Ranking [+]
Density [+]202429chart2802023Density [+]
Global Peace Ranking [+]202430ºchart34º2024Global Peace Ranking [+]
Crude divorce rate [+]20242.80‰chart1.80‰2016Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart4,373.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart13.95%2020% Immigrant [+]
% Emigrant [+]202020.07%chart7.05%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart10.02‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart26,801.52017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart9.52‰2023Crude death rate [+]
Fertility Rate [+]20241.24chart1.562023Fertility Rate [+]
Crude marriage rate [+]20245.50‰chart4.40‰2016Crude marriage rate [+]
% risk of poverty [+]202522.0%chart18.6%2018% risk of poverty [+]
Population [+]20241,860,565chart68,265,0002023Population [+]
Immigrant stock [+]2020239,422chart9,359,5872020Immigrant stock [+]
Emigrant stock [+]2020380,010chart4,732,5102020Emigrant stock [+]
HDI [+]20220.879chart0.9402022HDI [+]
Gender Gap Ranking [+]202430ºchart14º2024Gender Gap Ranking [+]
Life expectancy [+]202476.40chart81.242023Life expectancy [+]
Suicides [+]2023267chart5,8672021Suicides [+]
Suicide rate [+]202314.20chart8.802021Suicide rate [+]
Number of homicides [+]202347chart6732020Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.002020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart4.422023CO2 Tons per capita [+]
5942024Annual crude oil production [+]
2,500.02021Crude Oil Reserves [+]
Consumption GWh [+]20246,623chart274,5942024Consumption GWh [+]
Generation GWh [+]20245,913chart267,9802024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20267,710chart232,11202/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026977,795chart25,110,92302/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart50,762,96809/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20264,143.90chart3,400.1602/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart151,248,82009/04/2022Doses administered [+]
Latvia
United Kingdom