Country comparison Nicaragua vs Latvia

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20243.6%chart0%2024GDP Growth (%) [+]
5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€18,201Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$19,694Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€2,628chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$2,843chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20247,125chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20247,710chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202439.15%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,029chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$1,113chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024452chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024489chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20242.48%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20244,931.8chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20245,336.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023472.0chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023510.9chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202411.01%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023784.8chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023848.6chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202318.29%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202499.2chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024107.4chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20241.90%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202427.10%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€712chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$770chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€69chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$75chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€115chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$124chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€14chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$16chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]03/15/2024B2A301/26/2024Moody's Rating [+]
S&P Rating [+]10/25/2022BA05/31/2024S&P Rating [+]
Fitch Rating [+]11/22/2019B-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202317chart602023Corruption Index [+]
Competitiveness Ranking [+]2019109ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202476.7chart41.42024Fragile States Index [+]
RTI Raking [+]202424ºchart107º2024RTI Raking [+]
Innovation Ranking [+]2024124ºchart42º2024Innovation Ranking [+]
Labour
7.1%November 2025Unemployment Rate [+]
Unemployment rate [+]2012Q44.4%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2012Q4140Kchart66K2025Q3Unemployed [+]
NMW [+]2024$210.1chart$839.12025NMW [+]
NMW [+]2024€190.1chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]2017108ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/07/202636.6243chart0.860801/16/2026US Dollar exchange rate [+]
1.47%01/16/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20252.7%chart3.5%December 2025CPI (overall index) [+]
3.5%December 2025HICP [+]
1.4%November 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020142ºchart19º2020Doing Business [+]
6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20191,296chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.24chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]201576.35chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202227.8%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201315.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202030.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022817,900chart478,0002021Annual arrivals [+]
Exports [+]2023€6,823.7Mchart€19,073.9M2024Exports [+]
Exports [+]2023$7,378.5Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202341.43%chart47.26%2024Exports % GDP [+]
Imports [+]2023€10,095.6Mchart€21,917.7M2024Imports [+]
Imports [+]2023$10,916.4Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202361.30%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-3,271.9Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-3,537.9Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-19.87%chart-7.05%2024Trade balance % GDP [+]
2.9%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201557ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202453chart292024Density [+]
Global Peace Ranking [+]2024113ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,395.2chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.64%chart12.65%2020% Immigrant [+]
% Emigrant [+]202010.86%chart20.07%2020% Emigrant [+]
Birth Rate [+]202319.38‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017134.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20234.59‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.22chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]201624.9%chart21.6%2024% risk of poverty [+]
Population [+]20246,926,000chart1,856,9322024Population [+]
Immigrant stock [+]202042,167chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020718,154chart380,0102020Emigrant stock [+]
HDI [+]20220.669chart0.8792022HDI [+]
Gender Gap Ranking [+]20246ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202374.95chart76.702024Life expectancy [+]
Suicides [+]2015577chart2672023Suicides [+]
Suicide rate [+]20159.18chart14.202023Suicide rate [+]
Number of homicides [+]2021754chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]202111.35chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.87chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]20234,654chart6,6642023Consumption GWh [+]
Generation GWh [+]20234,368chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/2025245chart7,67412/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/202516,803chart977,78612/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]08/11/20236,126,708chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/202535.37chart4,132.6212/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]08/11/202315,507,763chart2,979,62412/23/2023Doses administered [+]
Nicaragua
Latvia