Country comparison Namibia vs Latvia

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Gouvernement
5,163K2024Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€11,414Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$12,345Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€3,898chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$4,216chart$23,1762023GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20237,550chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]20238,166chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]202366.15%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€2,578chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2023$2,789chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2023-354chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2023-383chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2023-3.11%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]20234,203.4chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]20234,546.3chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,032.4chart1,814.42021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20231,116.6chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202324.97%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022508.6chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022534.8chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202211.74%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023312.7chart886.02023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023338.2chart958.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20237.48%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202336.83%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€1,436chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$1,553chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€353chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$381chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€176chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$185chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€107chart€4712023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$116chart$5262023Defence Expenditure P.C. [+]
Moody's Rating [+]04/05/2024B1A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
Fitch Rating [+]06/24/2022BB-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202349chart602023Corruption Index [+]
Competitiveness Ranking [+]201994ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202459.3chart41.42024Fragile States Index [+]
RTI Raking [+]202417ºchart107º2024RTI Raking [+]
Innovation Ranking [+]2024102ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2025Unemployment Rate [+]
6.9%2024Q4Unemployment rate [+]
64K2024Q4Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
Human Capital Ranking [+]201799ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Namibian dollars [+]03/17/202519.8092
US Dollar exchange rate [+]03/17/202518.2097chart0.918403/14/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/14/2025-1.70%chart2.33%03/14/2025Stock ExchangeYTD % [+]
Prices
3.7%February 2025CPI (overall index) [+]
3.6%February 2025HICP [+]
-4.2%January 2025PPI Year on Year [+]
Money Market
Key rates [+]02/12/20256.75%chart2.65%03/12/2025Key rates [+]
Business
Doing Business [+]2020104ºchart19º2020Doing 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
Tax Revenue (%GDP) [+]202219.7%chart33.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201115.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202037.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022461,000chart478,0002021Annual arrivals [+]
Exports [+]2023€5,075.4Mchart€18,914.2M2024Exports [+]
Exports [+]2023$5,488.0Mchart$22,666.7M2023Exports [+]
Exports % GDP [+]202344.47%chart53.63%2023Exports % GDP [+]
Imports [+]2023€6,694.8Mchart€21,905.4M2024Imports [+]
Imports [+]2023$7,239.1Mchart$27,324.7M2023Imports [+]
Imports % GDP [+]202358.66%chart64.80%2023Imports % GDP [+]
Trade balance [+]2023€-1,619.4Mchart€-2,991.4M2024Trade balance [+]
Trade balance [+]2023$-1,160.0Mchart$-4,668.4M2023Trade balance [+]
Trade balance % GDP [+]2023-14.19%chart-11.17%2023Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20234chart292023Density [+]
Global Peace Ranking [+]202462ºchart30º2024Global Peace Ranking [+]
2.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]201743.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20204.07%chart12.65%2020% Immigrant [+]
% Emigrant [+]20201.78%chart20.07%2020% Emigrant [+]
Birth Rate [+]202226.92‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]20178.4chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202211.46‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20223.25chart1.362023Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
% risk of poverty [+]201517.4%chart21.6%2024% risk of poverty [+]
Population [+]20232,928,000chart1,871,8822023Population [+]
Immigrant stock [+]2020109,391chart239,4222020Immigrant stock [+]
Emigrant stock [+]202047,770chart380,0102020Emigrant stock [+]
HDI [+]20220.610chart0.8792022HDI [+]
Gender Gap Ranking [+]20248ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202258.06chart75.602023Life expectancy [+]
Suicides [+]2015188chart2262022Suicides [+]
Suicide rate [+]20158.03chart12.002022Suicide rate [+]
Number of homicides [+]2021315chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]202111.21chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.53chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]20233,891chart6,8222023Consumption GWh [+]
Generation GWh [+]20231,890chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20244,108chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024172,533chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/12/2023550,978chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,403.01chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/12/20231,005,937chart2,895,71607/11/2022Doses administered [+]
Namibia
Latvia