Country comparison Madagascar vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€14,603Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$15,790Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€468chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$506chart$23,2502024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20227,741chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]20228,158chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]202253.90%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2022€254chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2022$268chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2022-794chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2022-837chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2022-5.53%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20222,362.9chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]20222,490.2chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]2022450.8chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2022475.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.07%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022135.9chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022143.2chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20225.74%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202396.8chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023104.7chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.45%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202216.45%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€78chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$82chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€15chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$16chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€4chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€3chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$3chart$5262023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
Corruption Index [+]202325chart602023Corruption Index [+]
Competitiveness Ranking [+]2019132ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202479.8chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]2024110ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2025Unemployment Rate [+]
6.9%2024Q4Unemployment rate [+]
64K2024Q4Unemployed [+]
NMW [+]2023$41.7chart$768.82025NMW [+]
€740.02025NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
Human Capital Ranking [+]2017110ºchart28º2017Human Capital Ranking [+]
Markets
0.915903/18/2025US Dollar exchange rate [+]
1.91%03/18/2025Stock ExchangeYTD % [+]
Prices
3.7%February 2025CPI (overall index) [+]
3.6%February 2025HICP [+]
-4.2%January 2025PPI Year on Year [+]
Money Market
2.65%03/12/2025Key rates [+]
Business
Doing Business [+]2020161ºchart19º2020Doing Business [+]
0.5%January 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20191,043chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.07chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]201528.08chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202211.5%chart33.2%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20217,800chart478,0002021Annual arrivals [+]
Exports [+]2023€2,971.4Mchart€18,992.7M2024Exports [+]
Exports [+]2023$3,213.0Mchart$20,472.4M2024Exports [+]
Exports % GDP [+]202320.35%chart47.04%2024Exports % GDP [+]
Imports [+]2023€4,392.8Mchart€21,910.3M2024Imports [+]
Imports [+]2023$4,749.9Mchart$23,710.0M2024Imports [+]
Imports % GDP [+]202330.08%chart54.48%2024Imports % GDP [+]
Trade balance [+]2023€-1,421.4Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2023$-1,536.9Mchart$-3,237.6M2024Trade balance [+]
Trade balance % GDP [+]2023-9.73%chart-7.44%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202353chart292023Density [+]
Global Peace Ranking [+]202444ºchart30º2024Global Peace Ranking [+]
2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017261.8chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.12%chart12.65%2020% Immigrant [+]
% Emigrant [+]20200.67%chart20.07%2020% Emigrant [+]
Birth Rate [+]202230.60‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017182.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20226.80‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20223.79chart1.362023Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
% risk of poverty [+]201270.7%chart21.6%2024% risk of poverty [+]
Population [+]202331,195,932chart1,871,8822023Population [+]
Immigrant stock [+]202035,563chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020193,526chart380,0102020Emigrant stock [+]
HDI [+]20220.487chart0.8792022HDI [+]
Gender Gap Ranking [+]202466ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202265.23chart75.602023Life expectancy [+]
Suicides [+]20151,126chart2262022Suicides [+]
Suicide rate [+]20154.79chart12.002022Suicide rate [+]
472023Number of homicides [+]
2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.14chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]20232,506chart6,8222023Consumption GWh [+]
Generation GWh [+]20232,645chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20241,428chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202468,567chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/30/20232,628,849chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/202445.78chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/30/20233,092,063chart2,895,71607/11/2022Doses administered [+]
Madagascar
Latvia