Country comparison Norway vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q120,279Kchart5,506K2024Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€448,717Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2023$485,311Mchart$43,627M2023Annual GDP [+]
GDP per capita [+]2023€80,970chart€21,4402023GDP per capita [+]
GDP per capita [+]2023$88,415chart$23,1692023GDP per capita [+]
Quarterly GDP [+]2024Q1€111,309Mchart€10,368M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]2022204,093chart17,5812023Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart19,0112023Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart43.60%2023Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€9,3372023Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$10,0962023Debt Per Capita [+]
Deficit (M.€) [+]202373,243chart-8932023Deficit (M.€) [+]
Deficit ($M) [+]202379,198chart-9662023Deficit ($M) [+]
Deficit (%GDP) [+]202316.30%chart-2.20%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2023208,929.1chart16,525.32023Expenditure (M.€) [+]
Expenditure ($M) [+]2023225,915.0chart17,868.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202222,431.4chart1,874.22021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202223,571.0chart2,216.72021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.12%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart1,899,066,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202142,437.0chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202217.82%chart14.19%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20229,723.3chart828.62022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.78%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202346.50%chart41.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€38,063chart€8,7762023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$41,158chart$9,4902023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,111chart€9952021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,201chart$1,1552021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€1,0102022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$7,448chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,733chart$4502022Defence 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 [+]202284chart592022Corruption Index [+]
Competitiveness Ranking [+]201917ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201818.3chart44.92018Fragile States Index [+]
RTI Raking [+]202281ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201819ºchart34º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]May 20244.1%chart6.7%May 2024Unemployment Rate [+]
Unemployment rate [+]2024Q14.0%chart7.2%2024Q1Unemployment rate [+]
Unemployed [+]2024Q1119Kchart69K2024Q1Unemployed [+]
$773.52024NMW [+]
€700.02024NMW [+]
Average Wage [+]2023$68,871chart$20,0672023Average Wage [+]
Average Wage [+]2023€63,693chart€18,5592023Average Wage [+]
Human Capital Ranking [+]2017chart28º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]07/16/202411.7815
US Dollar exchange rate [+]07/15/202410.7692chart0.917307/16/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]07/16/20243.46%
Risk Premium [+]07/16/2024104
Stock ExchangeYTD % [+]07/16/20249.08%chart-21.13%07/16/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%chart1.4%June 2024CPI (overall index) [+]
HICP [+]May 20242.7%chart1.4%June 2024HICP [+]
PPI Year on Year [+]May 20242.8%chart-6.7%May 2024PPI Year on Year [+]
Money Market
Key rates [+]12/15/20234.50%chart4.25%06/12/2024Key rates [+]
Business
Doing Business [+]2020chart19º2020Doing Business [+]
IPI Year on Year [+]April 20243.5%chart-7.8%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022174,329chart16,739December 2022Passengers 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) [+]202341.6%chart30.5%2022Tax 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 [+]20195,879,000chart1,934,8002019Annual arrivals [+]
Exports [+]2023€164,256.8Mchart€20,954.5M2023Exports [+]
Exports [+]2023$173,906.1Mchart$22,446.0M2023Exports [+]
Exports % GDP [+]202336.61%chart51.92%2023Exports % GDP [+]
Imports [+]2023€89,425.4Mchart€25,323.4M2023Imports [+]
Imports [+]2023$95,292.4Mchart$27,114.4M2023Imports [+]
Imports % GDP [+]202319.93%chart62.76%2023Imports % GDP [+]
Trade balance [+]2023€74,831.4Mchart€-4,368.9M2023Trade balance [+]
Trade balance [+]2023$78,613.7Mchart$-4,668.4M2023Trade balance [+]
Trade balance % GDP [+]202316.68%chart-10.85%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.9%chart2.4%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]2015chart35º2015Global AgeWatch Ranking [+]
Density [+]20229chart292022Density [+]
Global Peace Ranking [+]202324ºchart27º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart2.90‰2022Crude 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 [+]20221.41chart1.472022Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart6.30‰2022Crude marriage rate [+]
% risk of poverty [+]202311.5%chart22.5%2023% risk of poverty [+]
Population [+]20235,550,203chart1,871,8822023Population [+]
Immigrant stock [+]2020852,238chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020191,392chart380,0102020Emigrant stock [+]
HDI [+]20210.961chart0.8632021HDI [+]
Gender Gap Ranking [+]2023chart13º2023Gender Gap Ranking [+]
Life expectancy [+]202383.10chart75.902023Life expectancy [+]
Suicides [+]2021657chart2542021Suicides [+]
Suicide rate [+]202111.93chart13.642021Suicide rate [+]
Number of homicides [+]202230chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20227.62chart3.612022CO2 Tons per capita [+]
Annual crude oil production [+]20231,814
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2022121,899chart5,9822022Consumption GWh [+]
Generation GWh [+]2022143,383chart4,0452022Generation GWh [+]
Others
COVID-19 - Deaths [+]06/16/20245,732chart7,47506/16/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]06/16/20241,508,485chart977,76506/16/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]06/16/20241,032.76chart3,993.3106/16/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart2,895,71607/11/2022Doses administered [+]