Country comparison Oman vs Latvia

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20241.7%chart0%2024GDP Growth (%) [+]
5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€98,833Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$106,943Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€18,538chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$20,059chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202435,100chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]202437,980chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202435.52%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€6,584chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$7,124chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]20243,269chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]20243,537chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20243.31%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,360.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202430,687.0chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20224,483.5chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20224,815.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.18%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,917.2chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20233,154.4chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202310.84%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20245,528.9chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20245,982.6chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202420.13%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202428.70%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,320chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,756chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€909chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$958chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€578chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$625chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,037chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,122chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]07/10/2025Baa3A301/26/2024Moody's Rating [+]
S&P Rating [+]09/27/2024BBB-A05/31/2024S&P Rating [+]
Fitch Rating [+]08/15/2022BBA-04/10/2020Fitch Rating [+]
Corruption Index [+]202343chart602023Corruption Index [+]
Competitiveness Ranking [+]201953ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202447.4chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]202474ºchart42º2024Innovation Ranking [+]
Labour
7.1%November 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
NMW [+]2024$845.3chart$839.12025NMW [+]
NMW [+]2024€766.8chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
Euro / Omani Rials [+]01/20/20260.4509
US Dollar exchange rate [+]01/20/20260.3845chart0.852701/20/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/23/20250%chart0.50%01/21/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
1.4%November 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202068ºchart19º2020Doing Business [+]
6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201949,924chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 201913.75chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015235.63chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20130%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]20200%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,059,000chart478,0002021Annual arrivals [+]
Exports [+]2023€58,019.1Mchart€19,073.9M2024Exports [+]
Exports [+]2023$62,736.0Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202359.26%chart47.26%2024Exports % GDP [+]
Imports [+]2023€33,646.5Mchart€21,917.7M2024Imports [+]
Imports [+]2023$36,382.0Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202334.37%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€24,372.5Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$26,354.0Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]202324.89%chart-7.05%2024Trade balance % GDP [+]
2.9%November 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202417chart292024Density [+]
Global Peace Ranking [+]202437ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]201740.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202053.38%chart12.65%2020% Immigrant [+]
% Emigrant [+]20200.56%chart20.07%2020% Emigrant [+]
Birth Rate [+]202316.85‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20174,486.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20231.90‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.53chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]20245,331,000chart1,856,9322024Population [+]
Immigrant stock [+]20202,372,836chart239,4222020Immigrant stock [+]
Emigrant stock [+]202025,099chart380,0102020Emigrant stock [+]
HDI [+]20220.819chart0.8792022HDI [+]
Gender Gap Ranking [+]2024136ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202380.03chart76.702024Life expectancy [+]
Suicides [+]2015250chart2672023Suicides [+]
Suicide rate [+]20156.01chart14.202023Suicide rate [+]
Number of homicides [+]20237chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.14chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202317.11chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2024993
Crude Oil Reserves [+]20215,373.0
Consumption GWh [+]202340,738chart6,6642023Consumption GWh [+]
Generation GWh [+]202345,005chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20254,628chart7,67912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025399,449chart977,78812/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]10/25/20223,048,826chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025868.13chart4,135.3212/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]10/25/20227,108,547chart2,979,62412/23/2023Doses administered [+]
Oman
Latvia