Country comparison Maldives vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.3%chart0%2024GDP Growth (%) [+]
5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€6,517Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$7,052Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€16,130chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$17,454chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20248,689chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20249,402chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024133.32%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€16,519chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$17,874chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024-906chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-980chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-13.90%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,003.2chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,249.6chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023315.8chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023341.6chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20259.65%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023444.9chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023481.0chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202315.57%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
897.12023Defence Expenditure (M.€) [+]
970.02023Defence Expenditure ($M) [+]
5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.08%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,710chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$6,178chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€795chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$860chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€846chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$915chart$1,0682024Gov. Health Exp. P.C. [+]
€4772023Defence Expenditure P.C. [+]
$5132023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
Fitch Rating [+]10/29/2021B-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202339chart602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
Fragile States Index [+]202460.3chart41.42024Fragile States Index [+]
RTI Raking [+]202422ºchart107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
7.1%October 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
NMW [+]2022$370.5chart$839.12025NMW [+]
NMW [+]2022€327.0chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]12/11/202515.4200chart0.852412/12/2025US Dollar exchange rate [+]
7.41%12/12/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]October 20253.9%chart3.8%November 2025CPI (overall index) [+]
3.8%November 2025HICP [+]
0.1%October 2025PPI Year on Year [+]
Money Market
Key rates [+]04/01/20127.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020147ºchart19º2020Doing Business [+]
8.7%October 2025IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.15December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202220.4%chart35.4%2024Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,675,000chart478,0002021Annual arrivals [+]
Exports [+]2023€389.7Mchart€19,073.9M2024Exports [+]
Exports [+]2023$421.4Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]20236.38%chart47.26%2024Exports % GDP [+]
Imports [+]2023€3,234.2Mchart€21,917.7M2024Imports [+]
Imports [+]2023$3,497.2Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202352.91%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-2,844.5Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-3,075.8Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-46.54%chart-7.05%2024Trade balance % GDP [+]
4.1%October 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20231,753chart292024Density [+]
30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20174.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202018.54%chart12.65%2020% Immigrant [+]
% Emigrant [+]20200.98%chart20.07%2020% Emigrant [+]
Birth Rate [+]202311.02‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017188.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20232.34‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.58chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]20195.4%chart21.6%2024% risk of poverty [+]
Population [+]2023525,994chart1,856,9322024Population [+]
Immigrant stock [+]202070,079chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,715chart380,0102020Emigrant stock [+]
HDI [+]20220.762chart0.8792022HDI [+]
Gender Gap Ranking [+]2024132ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202381.04chart76.702024Life expectancy [+]
Suicides [+]201531chart2672023Suicides [+]
Suicide rate [+]20159.01chart14.202023Suicide rate [+]
Number of homicides [+]20193chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20190.62chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20236.00chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]2023821chart6,6642023Consumption GWh [+]
Generation GWh [+]2023847chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/16/2025316chart7,66611/16/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/16/2025186,694chart977,78411/16/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]05/25/2023385,167chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/16/2025600.77chart4,128.3111/16/2025COVID-19 - Deaths per million population [+]
Doses administered [+]05/25/2023951,764chart2,979,62412/23/2023Doses administered [+]
Maldives
Latvia