Country comparison North Macedonia vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.0%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q32,369Kchart5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€15,672Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$16,679Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€8,590chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$9,169chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€4,318Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20248,452chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20249,146chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202454.83%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€4,637chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$5,018chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024-685chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-742chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.45%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20245,661.1chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20246,125.6chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2002139.9chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2002132.6chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20028.64%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023623.6chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023674.3chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.05%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024329.7chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024350.8chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.55%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202436.73%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,106chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,361chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2002€69chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2002$65chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€340chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$368chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€181chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$193chart$7572024Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
S&P Rating [+]05/24/2013BB-A05/31/2024S&P Rating [+]
Fitch Rating [+]05/15/2020BB+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202342chart602023Corruption Index [+]
Competitiveness Ranking [+]201982ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202458.1chart41.42024Fragile States Index [+]
RTI Raking [+]202426ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202458ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 202511.2%chart7.1%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q311.5%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q392Kchart66K2025Q3Unemployed [+]
NMW [+]2023$388.9chart$839.12025NMW [+]
NMW [+]2025€541.0chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201767ºchart28º2017Human Capital Ranking [+]
Markets
0.855301/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/13/20260.65%chart0.07%12/30/2026Stock ExchangeYTD % [+]
Prices
3.8%November 2025CPI (overall index) [+]
HICP [+]November 20253.6%chart3.5%December 2025HICP [+]
PPI Year on Year [+]November 20254.6%chart1.4%November 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202017ºchart19º2020Doing Business [+]
IPI Year on Year [+]November 2025-2.8%chart6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20194,060chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20192.24chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015205.56chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200618.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022537,000chart478,0002021Annual arrivals [+]
Exports [+]2024€7,783.5Mchart€19,073.9M2024Exports [+]
Exports [+]2024$8,424.7Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202449.67%chart47.26%2024Exports % GDP [+]
Imports [+]2024€11,065.7Mchart€21,917.7M2024Imports [+]
Imports [+]2024$11,977.3Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202470.61%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€-3,282.2Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$-3,552.6Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2024-20.94%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]October 20253.0%chart2.9%November 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202471chart292024Density [+]
Global Peace Ranking [+]202438ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.00‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017314.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20206.35%chart12.65%2020% Immigrant [+]
% Emigrant [+]202033.54%chart20.07%2020% Emigrant [+]
Birth Rate [+]20248.80‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017128.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202411.10‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.49chart1.362023Fertility Rate [+]
Crude marriage rate [+]20216.80‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202322.2%chart21.6%2024% risk of poverty [+]
Population [+]20241,822,612chart1,856,9322024Population [+]
Immigrant stock [+]2020131,311chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020693,896chart380,0102020Emigrant stock [+]
HDI [+]20220.765chart0.8792022HDI [+]
Gender Gap Ranking [+]202458ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202375.32chart76.702024Life expectancy [+]
Suicides [+]2010122chart2672023Suicides [+]
Suicide rate [+]20105.90chart14.202023Suicide rate [+]
Number of homicides [+]202328chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.53chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.19chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]20235,364chart6,6642023Consumption GWh [+]
Generation GWh [+]20236,206chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20259,991chart7,67412/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025352,093chart977,78612/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]05/07/2023838,181chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20255,481.69chart4,132.6212/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]05/07/20231,862,987chart2,979,62412/23/2023Doses administered [+]
North Macedonia
Latvia