Country comparison Namibia vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.7%chart0%2024GDP Growth (%) [+]
5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€12,356Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$13,370Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€4,133chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$4,472chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20237,701chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20238,329chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202367.16%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€2,630chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2023$2,845chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2023-361chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2023-390chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2023-3.14%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20234,243.3chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20234,589.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20241,122.5chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20241,214.6chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202524.58%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023636.7chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023688.4chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.99%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024337.9chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024365.7chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.13%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202337.01%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€1,449chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$1,567chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€375chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$406chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€215chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$232chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€113chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$122chart$7572024Defence 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
7.1%November 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
$839.12025NMW [+]
€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201799ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Namibian dollars [+]01/16/202618.9758
US Dollar exchange rate [+]01/16/202616.3438chart0.860801/16/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/17/20261.55%chart1.05%01/17/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.5%December 2025HICP [+]
1.4%November 2025PPI Year on Year [+]
Money Market
Key rates [+]10/15/20256.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020104ºchart19º2020Doing Business [+]
6.9%November 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%chart35.4%2024Tax 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€19,073.9M2024Exports [+]
Exports [+]2023$5,488.0Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202344.26%chart47.26%2024Exports % GDP [+]
Imports [+]2023€6,694.8Mchart€21,917.7M2024Imports [+]
Imports [+]2023$7,239.1Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202358.39%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-1,619.4Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-1,160.0Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-14.12%chart-7.05%2024Trade balance % GDP [+]
2.9%November 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20244chart292024Density [+]
Global Peace Ranking [+]202462ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]201743.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20204.07%chart12.65%2020% Immigrant [+]
% Emigrant [+]20201.78%chart20.07%2020% Emigrant [+]
Birth Rate [+]202325.89‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20178.4chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20236.17‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20233.21chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]201517.4%chart21.6%2024% risk of poverty [+]
Population [+]20243,030,131chart1,856,9322024Population [+]
Immigrant stock [+]2020109,391chart239,4222020Immigrant stock [+]
Emigrant stock [+]202047,770chart380,0102020Emigrant stock [+]
HDI [+]20220.610chart0.8792022HDI [+]
Gender Gap Ranking [+]20248ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202367.39chart76.702024Life expectancy [+]
Suicides [+]2015188chart2672023Suicides [+]
Suicide rate [+]20158.03chart14.202023Suicide 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 [+]20233,891chart6,6642023Consumption GWh [+]
Generation GWh [+]20231,890chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20254,110chart7,67912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025172,557chart977,78812/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]11/12/2023550,978chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20251,356.38chart4,135.3212/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]11/12/20231,005,937chart2,979,62412/23/2023Doses administered [+]
Namibia
Latvia