Country comparison Palau vs Latvia

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Gouvernement
5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€261Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2023$282Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€14,807chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$16,014chart$23,2502024GDP per capita [+]
€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]2023211chart17,5792023Debt (M.€.) [+]
Debt ($M) [+]2023228chart19,0152023Debt ($M) [+]
Debt (%GDP) [+]202380.92%chart45.00%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€11,711chart€9,3912023Debt Per Capita [+]
Debt Per Capita [+]2023$12,667chart$10,1582023Debt Per Capita [+]
Deficit (M.€) [+]2023-7chart-9322023Deficit (M.€) [+]
Deficit ($M) [+]2023-8chart-1,5392023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.76%chart-2.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2023126.7chart17,187.32023Expenditure (M.€) [+]
Expenditure ($M) [+]2023137.0chart18,349.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]201917.2chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201919.2chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201915.66%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202213.5chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202214.3chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20229.51%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
892.82023Defence Expenditure (M.€) [+]
965.32023Defence Expenditure ($M) [+]
5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202348.58%chart44.00%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€7,037chart€9,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$7,611chart$9,8032023Expenditure Per Capita [+]
Education Expenditure P.C [+]2019€973chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2019$1,089chart$1,1722021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€763chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$803chart$1,1732023Gov. Health Exp. P.C. [+]
€4752023Defence Expenditure P.C. [+]
$5262023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
41.42024Fragile States Index [+]
RTI Raking [+]2024140ºchart107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
6.9%January 2025Unemployment Rate [+]
6.9%2024Q4Unemployment rate [+]
64K2024Q4Unemployed [+]
NMW [+]2024$883.0chart$768.82025NMW [+]
NMW [+]2024€799.1chart€740.02025NMW [+]
$20,0672023Average Wage [+]
€18,5592023Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
0.923603/21/2025US Dollar exchange rate [+]
1.59%03/21/2025Stock ExchangeYTD % [+]
Prices
3.7%February 2025CPI (overall index) [+]
3.7%February 2025HICP [+]
-4.2%January 2025PPI Year on Year [+]
Money Market
2.65%03/12/2025Key rates [+]
Business
Doing Business [+]2020145ºchart19º2020Doing Business [+]
0.5%January 2025IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
33.2%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202018,400chart478,0002021Annual arrivals [+]
Exports [+]2023€1.7Mchart€18,992.7M2024Exports [+]
Exports [+]2023$1.9Mchart$20,472.4M2024Exports [+]
Exports % GDP [+]20230.66%chart47.04%2024Exports % GDP [+]
Imports [+]2023€224.0Mchart€21,910.3M2024Imports [+]
Imports [+]2023$242.2Mchart$23,710.0M2024Imports [+]
Imports % GDP [+]202385.90%chart54.48%2024Imports % GDP [+]
Trade balance [+]2023€-222.2Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2023$-240.4Mchart$-3,237.6M2024Trade balance [+]
Trade balance % GDP [+]2023-85.24%chart-7.44%2024Trade balance % GDP [+]
2.4%March 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202339chart292023Density [+]
30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20172.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202028.27%chart12.65%2020% Immigrant [+]
% Emigrant [+]202014.76%chart20.07%2020% Emigrant [+]
Birth Rate [+]20228.80‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201718.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202211.40‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20200.85chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]200624.9%chart21.6%2024% risk of poverty [+]
Population [+]202318,000chart1,871,8822023Population [+]
Immigrant stock [+]20205,088chart239,4222020Immigrant stock [+]
Emigrant stock [+]20202,656chart380,0102020Emigrant stock [+]
HDI [+]20220.797chart0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
Life expectancy [+]200569.13chart75.602023Life expectancy [+]
2262022Suicides [+]
12.292022Suicide rate [+]
Number of homicides [+]20182chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]201811.23chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202362.59chart3.562023CO2 Tons per capita [+]
6,8222023Consumption GWh [+]
6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202410chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20246,372chart977,76508/04/2024COVID-19 - Confirmed [+]
1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/2024555.56chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/04/202131,931chart2,895,71607/11/2022Doses administered [+]
Palau
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF
Latvia