Country comparison Latvia vs Zambia

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Gouvernement
GDP Growth (%) [+]20240%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€24,330M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$26,326M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€1,1512024GDP per capita [+]
GDP per capita [+]2024$23,243chart$1,2462024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart27,9652024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart30,2602024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart114.94%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€1,3232024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$1,4322024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-8082024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-8742024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-3.32%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart6,198.62024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart6,707.22024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart1,038.72023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart1,123.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart14.51%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart620.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart671.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart8.89%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart324.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart350.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart4.75%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart25.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€2932024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$3172024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€512023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$552023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€302023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$322023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€152024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$172024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024ACCC+11/21/2025S&P Rating [+]
Fitch Rating [+]04/10/2020A-RD11/18/2020Fitch Rating [+]
Corruption Index [+]202360chart372023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart120º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart81.22024Fragile States Index [+]
RTI Raking [+]2024107ºchart73º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart116º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart4.4%2023Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart361K2023Q4Unemployed [+]
NMW [+]2026$916.5chart$0.12024NMW [+]
NMW [+]2026€780.0chart€0.12024NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart80º2017Human Capital Ranking [+]
Markets
22.645302/11/2026Euro / Zambian kwacha [+]
US Dollar exchange rate [+]02/12/20260.8422chart19.030502/11/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/12/2026-1.55%chart3.18%02/11/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%
Money Market
Key rates [+]06/11/20252.15%chart13.50%02/11/2026Key rates [+]
Business
Doing Business [+]202019ºchart85º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart1,094December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.18December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart22.772015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart17.2%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart16.00%01/01/2008Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart37.5%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart554,0002021Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€9,646.9M2023Exports [+]
Exports [+]2024$20,645.2Mchart$10,431.2M2023Exports [+]
Exports % GDP [+]202447.26%chart37.83%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€9,364.2M2023Imports [+]
Imports [+]2024$23,723.3Mchart$10,125.5M2023Imports [+]
Imports % GDP [+]202454.31%chart36.73%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€282.7M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$328.2M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart1.11%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart90º2015Global AgeWatch Ranking [+]
Density [+]202429chart282024Density [+]
Global Peace Ranking [+]202430ºchart57º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart42.22017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.99%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.06%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart33.08‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart20.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart5.21‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart4.102023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202522.0%chart60.0%2022% risk of poverty [+]
Population [+]20241,860,565chart21,135,0002024Population [+]
Immigrant stock [+]2020239,422chart187,9552020Immigrant stock [+]
Emigrant stock [+]2020380,010chart200,7002020Emigrant stock [+]
HDI [+]20220.879chart0.5692022HDI [+]
Gender Gap Ranking [+]202430ºchart92º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart66.352023Life expectancy [+]
Suicides [+]2023267chart1,0382015Suicides [+]
Suicide rate [+]202314.20chart6.392015Suicide rate [+]
Number of homicides [+]202347chart8532015Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart5.202015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.402023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart14,3992023Consumption GWh [+]
Generation GWh [+]20236,202chart19,4482023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart4,07801/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart349,89201/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart9,213,80205/22/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart192.9501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart13,615,70712/31/2023Doses administered [+]
Latvia
Zambia