Country comparison Madagascar vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.2%chart0%2024GDP Growth (%) [+]
5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€16,095Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$17,421Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€516chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$558chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20248,103chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20248,768chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202450.33%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€260chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$281chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-399chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-432chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.48%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20242,610.1chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20242,824.3chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023450.6chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023487.2chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.07%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023145.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023156.8chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20235.51%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024114.1chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024123.5chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.24%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202416.21%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€84chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$91chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€14chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$16chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€5chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€4chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$4chart$7572024Defence 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
7.0%December 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
NMW [+]2023$41.7chart$916.52026NMW [+]
€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]2017110ºchart28º2017Human Capital Ranking [+]
Markets
0.843002/13/2026US Dollar exchange rate [+]
-2.07%02/13/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
0.3%December 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020161ºchart19º2020Doing Business [+]
1.0%December 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) [+]202412.2%chart35.4%2024Tax 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€19,604.9M2025Exports [+]
Exports [+]2023$3,213.0Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202320.10%chart47.26%2024Exports % GDP [+]
Imports [+]2023€4,392.8Mchart€23,255.2M2025Imports [+]
Imports [+]2023$4,749.9Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202329.71%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-1,421.4Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-1,536.9Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-9.61%chart-7.05%2024Trade balance % GDP [+]
1.0%December 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202353chart292024Density [+]
Global Peace Ranking [+]202444ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017261.8chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.12%chart12.65%2020% Immigrant [+]
% Emigrant [+]20200.67%chart20.07%2020% Emigrant [+]
Birth Rate [+]202332.10‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017182.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20237.53‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20233.97chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202175.2%chart22.0%2025% risk of poverty [+]
Population [+]202331,195,932chart1,860,5652024Population [+]
Immigrant stock [+]202035,563chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020193,526chart380,0102020Emigrant stock [+]
HDI [+]20220.487chart0.8792022HDI [+]
Gender Gap Ranking [+]202466ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202363.63chart76.702024Life expectancy [+]
Suicides [+]20151,126chart2672023Suicides [+]
Suicide rate [+]20154.79chart14.202023Suicide 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 [+]20232,506chart6,6642023Consumption GWh [+]
Generation GWh [+]20232,645chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20261,428chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/202668,733chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/30/20232,628,849chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/202645.78chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]07/30/20233,092,063chart2,979,62412/23/2023Doses administered [+]
Madagascar
Latvia