Country comparison Latvia vs United States

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598Kchart20,756K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€40,208Mchart€26,962,619M2024Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$29,183,800M2024Annual GDP [+]
GDP per capita [+]2024€21,610chart€80,4532024GDP per capita [+]
GDP per capita [+]2024$23,250chart$87,0812024GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479Mchart€6,955,954M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]202317,579chart30,429,1162023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart32,911,5232023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart118.73%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€90,7972023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$98,2042023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-1,811,5462023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-1,959,3322023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-7.07%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart9,298,166.62023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart10,056,711.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart1,342,448.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart1,414,775.42022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart5.44%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart3,515,011,512,068.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart3,800,781,948,000.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart24.74%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart861,633.32023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart931,924.52023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart9.06%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart36.28%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€27,7452023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$30,0082023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€4,0252022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$4,2422022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€10,3482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$11,1902023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€2,5712023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$2,7812023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa11/10/2023Moody's Rating [+]
S&P Rating [+]05/31/2024AAA+08/05/2011S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA03/26/2020Fitch Rating [+]
Corruption Index [+]202360chart692023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart2º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart44.52024Fragile States Index [+]
RTI Raking [+]2024107ºchart78º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart3º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%chart4.1%February 2025Unemployment Rate [+]
Unemployment rate [+]2024Q46.9%chart3.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart6,597K2024Q4Unemployed [+]
NMW [+]2025$768.8chart$1,257.02025NMW [+]
NMW [+]2025€740.0chart€1,210.02025NMW [+]
Average Wage [+]2023$20,067chart$80,1152023Average Wage [+]
Average Wage [+]2023€18,559chart€62,2072023Average Wage [+]
Human Capital Ranking [+]201728ºchart4º2017Human Capital Ranking [+]
Markets
1.090303/17/2025Euro / United States dollars [+]
US Dollar exchange rate [+]03/17/20250.9172
4.30%03/17/202510-Year Bond Yield [+]
14703/17/2025Risk Premium [+]
Stock ExchangeYTD % [+]03/17/20252.37%chart-2.48%03/14/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%chart2.8%February 2025CPI (overall index) [+]
HICP [+]February 20253.6%chart2.6%December 2024HICP [+]
PPI Year on Year [+]January 2025-4.2%chart3.2%February 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart4.25%12/19/2024Key rates [+]
Business
Doing Business [+]202019ºchart8º2019Doing Business [+]
IPI Year on Year [+]January 20250.5%chart2.0%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202433,318chart2,962,168February 2025Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart48.81February 2025Annual Vehicles/ 1,000 p. [+]
10,611,5552023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart872.512020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart25.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart0%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart46.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart50,870,0002022Annual arrivals [+]
Exports [+]2024€18,914.2Mchart€1,868,682.0M2023Exports [+]
Exports [+]2024$20,472.4Mchart$2,020,605.8M2023Exports [+]
Exports % GDP [+]202447.04%chart7.29%2023Exports % GDP [+]
Imports [+]2024€21,905.4Mchart€2,933,946.5M2023Imports [+]
Imports [+]2024$23,710.0Mchart$3,172,476.3M2023Imports [+]
Imports % GDP [+]202454.48%chart11.45%2023Imports % GDP [+]
Trade balance [+]2024€-2,991.2Mchart€-1,065,264.5M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-1,152,972.3M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-4.16%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%chart3.1%February 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart9º2015Global AgeWatch Ranking [+]
Density [+]202329chart342023Density [+]
Global Peace Ranking [+]202430ºchart132º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰chart3.20‰2016Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart6,621.02017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart15.28%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.90%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart11.00‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart148,488.72017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart9.80‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart1.672022Fertility Rate [+]
Crude marriage rate [+]20226.30‰chart6.90‰2016Crude marriage rate [+]
% risk of poverty [+]202421.6%chart11.1%2023% risk of poverty [+]
Population [+]20231,871,882chart335,135,0002023Population [+]
Immigrant stock [+]2020239,422chart50,632,8362020Immigrant stock [+]
Emigrant stock [+]2020380,010chart2,996,2232020Emigrant stock [+]
HDI [+]20220.879chart0.9272022HDI [+]
Gender Gap Ranking [+]202430ºchart43º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart77.432022Life expectancy [+]
Suicides [+]2022226chart48,1522021Suicides [+]
Suicide rate [+]202212.00chart14.502021Suicide rate [+]
Number of homicides [+]202347chart19,7962023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart5.762023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart13.832023CO2 Tons per capita [+]
12,9352023Annual crude oil production [+]
44,418.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,822chart4,084,5782023Consumption GWh [+]
Generation GWh [+]20236,360chart4,256,6772023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart1,193,16508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart103,436,82908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart230,637,34805/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart3,560.2508/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart676,728,78205/10/2023Doses administered [+]
Latvia
United States