Country comparison Latvia vs United Kingdom

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart12,901K2025Q1Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€3,368,257M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$3,643,834M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€49,1722024GDP per capita [+]
GDP per capita [+]2024$23,243chart$53,1952024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€883,724M2025Q1Quarterly GDP [+]
Debt (M.€.) [+]202418,800chart3,409,5842024Debt (M.€.) [+]
Debt ($M) [+]202420,607chart3,689,3542024Debt ($M) [+]
Debt (%GDP) [+]202446.80%chart101.23%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,043chart€49,7752024Debt Per Capita [+]
Debt Per Capita [+]2024$11,009chart$53,8592024Debt Per Capita [+]
Deficit (M.€) [+]2024-706chart-193,6322024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-209,5212024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-5.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,366.4chart1,483,375.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart1,605,091.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart143,452.92021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart159,294.12021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.23%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart275,293,454,741.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart283,563.22022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart20.67%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart70,592.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart76,323.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart5.15%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.70%chart44.04%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,812chart€21,6552024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,335chart$23,4322024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2,1322021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,134chart$2,5242021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€4,0582023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$4,1832022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€1,0312023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$513chart$1,1152023Defence 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 [+]March 20256.7%chart4.5%February 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart4.2%2024Q2Unemployment rate [+]
Unemployed [+]2024Q464Kchart1,449K2024Q2Unemployed [+]
NMW [+]2025$768.8chart$2,470.62024NMW [+]
NMW [+]2025€740.0chart€2,230.92024NMW [+]
Average Wage [+]2024$21,838chart$52,2782019Average Wage [+]
Average Wage [+]2024€20,176chart€49,5212023Average Wage [+]
Human Capital Ranking [+]201728ºchart23º2017Human Capital Ranking [+]
Markets
0.844605/21/2025Euro / British pounds [+]
US Dollar exchange rate [+]05/21/20250.8833chart0.745605/21/2025US Dollar exchange rate [+]
4.81%05/22/202510-Year Bond Yield [+]
21605/22/2025Risk Premium [+]
Stock ExchangeYTD % [+]05/22/20250.23%chart7.51%05/21/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20253.9%chart3.5%April 2025CPI (overall index) [+]
HICP [+]April 20254.0%chart0.3%November 2020HICP [+]
PPI Year on Year [+]March 20251.9%chart0.3%January 2025PPI Year on Year [+]
Money Market
Key rates [+]04/23/20252.40%chart4.25%05/08/2025Key rates [+]
Business
Doing Business [+]202019ºchart8º2020Doing Business [+]
IPI Year on Year [+]March 2025-2.5%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 [+]2021457.35chart637.252021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.0%chart35.3%2023Tax 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 [+]2024€19,094.0Mchart€481,864.1M2023Exports [+]
Exports [+]2024$20,667.0Mchart$521,039.7M2023Exports [+]
Exports % GDP [+]202447.49%chart15.46%2023Exports % GDP [+]
Imports [+]2024€21,934.5Mchart€732,010.2M2023Imports [+]
Imports [+]2024$23,741.5Mchart$791,522.6M2023Imports [+]
Imports % GDP [+]202454.55%chart23.49%2023Imports % GDP [+]
Trade balance [+]2024€-2,840.4Mchart€-250,146.1M2023Trade balance [+]
Trade balance [+]2024$-3,074.5Mchart$-270,611.3M2023Trade balance [+]
Trade balance % GDP [+]2024-7.06%chart-8.03%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart1.4%December 2020Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart10º2015Global AgeWatch Ranking [+]
Density [+]202329chart2812023Density [+]
Global Peace Ranking [+]202430ºchart34º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart1.80‰2016Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart4,373.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart13.95%2020% Immigrant [+]
% Emigrant [+]202020.07%chart7.05%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart10.02‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart26,801.52017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.52‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart1.562023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart4.40‰2016Crude marriage rate [+]
% risk of poverty [+]202421.6%chart18.6%2018% risk of poverty [+]
Population [+]20231,871,882chart68,500,0002023Population [+]
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 [+]202375.60chart81.242023Life expectancy [+]
Suicides [+]2022226chart5,5242020Suicides [+]
Suicide rate [+]202212.29chart8.202020Suicide 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 [+]
5952024Annual crude oil production [+]
2,500.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart262,1662023Consumption GWh [+]
Generation GWh [+]20236,360chart267,3642023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart232,11208/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart24,974,62908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart50,762,96809/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart3,388.5008/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart151,248,82009/04/2022Doses administered [+]
Latvia
United Kingdom