Country comparison Monaco vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€9,244Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$9,995Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€237,296chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$256,581chart$23,2502024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
17,5792023Debt (M.€.) [+]
19,0152023Debt ($M) [+]
45.00%2023Debt (%GDP) [+]
€9,3912023Debt Per Capita [+]
$10,1582023Debt Per Capita [+]
-9322023Deficit (M.€) [+]
-1,5392023Deficit ($M) [+]
-2.40%2023Deficit (%GDP) [+]
17,187.32023Expenditure (M.€) [+]
18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]2021103.8chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023173.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20224.80%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022245.6chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022258.3chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.04%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
892.82023Defence Expenditure (M.€) [+]
965.32023Defence Expenditure ($M) [+]
5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202224.46%chart44.00%2023Expenditure (%GDP) [+]
€9,1822023Expenditure Per Capita [+]
$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€2,694chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$3,187chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,309chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$6,634chart$1,1732023Gov. Health Exp. P.C. [+]
€4752023Defence Expenditure P.C. [+]
$5262023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
41.42024Fragile States Index [+]
RTI Raking [+]2024136ºchart107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
6.9%January 2025Unemployment Rate [+]
6.9%2024Q4Unemployment rate [+]
64K2024Q4Unemployed [+]
NMW [+]2014$12.7chart$768.82025NMW [+]
NMW [+]2014€1,650.6chart€740.02025NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/18/20250.9159chart0.915903/18/2025US Dollar exchange rate [+]
1.95%03/19/2025Stock ExchangeYTD % [+]
Prices
3.7%February 2025CPI (overall index) [+]
3.6%February 2025HICP [+]
-4.2%January 2025PPI Year on Year [+]
Money Market
Key rates [+]03/12/20252.65%chart2.65%03/12/2025Key rates [+]
Business
19º2020Doing Business [+]
0.5%January 2025IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
33.2%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022327,000chart478,0002021Annual arrivals [+]
€18,992.7M2024Exports [+]
$20,472.4M2024Exports [+]
47.04%2024Exports % GDP [+]
€21,910.3M2024Imports [+]
$23,710.0M2024Imports [+]
54.48%2024Imports % GDP [+]
€-2,917.6M2024Trade balance [+]
$-3,237.6M2024Trade balance [+]
-7.44%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2023520chart292023Density [+]
30º2024Global Peace Ranking [+]
Crude divorce rate [+]20042.50‰chart2.90‰2022Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202069.91%chart12.65%2020% Immigrant [+]
% Emigrant [+]202085.55%chart20.07%2020% Emigrant [+]
Birth Rate [+]20185.90‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017181.3chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20186.60‰chart14.90‰2023Crude death rate [+]
1.362023Fertility Rate [+]
Crude marriage rate [+]20055.00‰chart6.30‰2022Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]202338,956chart1,871,8822023Population [+]
Immigrant stock [+]202026,601chart239,4222020Immigrant stock [+]
Emigrant stock [+]202032,552chart380,0102020Emigrant stock [+]
0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
75.602023Life expectancy [+]
2262022Suicides [+]
12.002022Suicide rate [+]
Number of homicides [+]20150chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20150chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
3.562023CO2 Tons per capita [+]
6,8222023Consumption GWh [+]
6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202467chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202417,181chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]12/21/202125,667chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,719.89chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]12/21/202165,140chart2,895,71607/11/2022Doses administered [+]
Monaco
Latvia