Country comparison Norway vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q420,019Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€446,991Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$483,727Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€80,220chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$86,611chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2024Q4€111,109Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]2023197,416chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]2023213,521chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202344.21%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€35,569chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2023$38,471chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]202459,128chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]202463,999chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]202413.20%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024220,375.1chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2024238,529.6chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202222,528.5chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202223,673.0chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.12%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202335,701,432,935.4chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202240,405.5chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202217.75%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20237,177.1chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20237,762.4chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20234.00%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202449.30%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,706chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,977chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,128chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,324chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€6,504chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$7,448chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€1,300chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$1,403chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]06/07/2024AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]07/09/1975AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]02/28/2020AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202384chart602023Corruption Index [+]
Competitiveness Ranking [+]201917ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202412.7chart41.42024Fragile States Index [+]
RTI Raking [+]202486ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202421ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20254.4%chart6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2024Q43.8%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q4116Kchart64K2024Q4Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
Average Wage [+]2023$68,871chart$20,0672023Average Wage [+]
Average Wage [+]2024€65,675chart€20,1762024Average Wage [+]
Human Capital Ranking [+]20171ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]05/09/202511.6725
US Dollar exchange rate [+]05/08/202510.3461chart0.888705/09/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]05/09/20253.88%
Risk Premium [+]05/09/2025133
Stock ExchangeYTD % [+]05/09/20255.63%chart-0.14%05/09/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%chart3.4%March 2025CPI (overall index) [+]
HICP [+]March 20252.3%chart4.1%April 2025HICP [+]
PPI Year on Year [+]March 20254.3%chart1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]12/15/20234.50%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]20209ºchart19º2020Doing Business [+]
IPI Year on Year [+]March 2025-3.2%chart-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024252,252chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202238.26chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021634.33chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202440.5%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20224,979,400chart478,0002021Annual arrivals [+]
Exports [+]2024€155,122.4Mchart€19,068.9M2024Exports [+]
Exports [+]2024$167,901.4Mchart$20,639.8M2024Exports [+]
Exports % GDP [+]202434.70%chart47.43%2024Exports % GDP [+]
Imports [+]2024€90,951.7Mchart€21,932.2M2024Imports [+]
Imports [+]2024$98,444.3Mchart$23,739.0M2024Imports [+]
Imports % GDP [+]202420.35%chart54.55%2024Imports % GDP [+]
Trade balance [+]2024€64,170.7Mchart€-2,863.2M2024Trade balance [+]
Trade balance [+]2024$69,457.1Mchart$-3,099.2M2024Trade balance [+]
Trade balance % GDP [+]202414.36%chart-7.12%2024Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.8%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20152ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20239chart292023Density [+]
Global Peace Ranking [+]202428ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017614.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.55%chart20.07%2020% Emigrant [+]
Birth Rate [+]20239.40‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20237.90‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.40chart1.362023Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202411.6%chart21.6%2024% risk of poverty [+]
Population [+]20235,550,217chart1,871,8822023Population [+]
Immigrant stock [+]2020852,238chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020191,392chart380,0102020Emigrant stock [+]
HDI [+]20220.966chart0.8792022HDI [+]
Gender Gap Ranking [+]20243ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202383.10chart75.602023Life expectancy [+]
Suicides [+]2022628chart2262022Suicides [+]
Suicide rate [+]202211.32chart12.292022Suicide rate [+]
Number of homicides [+]202340chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,335chart6,8222023Consumption GWh [+]
Generation GWh [+]2023152,106chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20245,732chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20241,512,647chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,032.75chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart2,895,71607/11/2022Doses administered [+]
Norway
Latvia