Country comparison Portugal vs Latvia

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Gouvernement
GDP Growth (%) [+]20242.1%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q27,062Kchart5,657K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€289,428Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$313,271Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€27,060chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$28,887chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q2€75,911Mchart€10,504M2025Q2Quarterly GDP [+]
Debt (M.€.) [+]2024270,881chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024292,937chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202493.60%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€25,199chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$27,251chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]20241,451chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]20242,158chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20240.50%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024123,174.3chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024131,975.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202211,104.0chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202211,693.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.39%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202418,166,992,000.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202419,663,588,801.0chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202214.81%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20234,107.5chart897.12023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20234,441.3chart970.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.44%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.60%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€11,458chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$12,277chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,061chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,118chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€1,707chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,848chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€388chart€4772023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$416chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]11/17/2023A3A301/26/2024Moody's Rating [+]
S&P Rating [+]08/29/2025A+A05/31/2024S&P Rating [+]
Fitch Rating [+]10/28/2022BBB+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202361chart602023Corruption Index [+]
Competitiveness Ranking [+]201934ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202425.9chart41.42024Fragile States Index [+]
RTI Raking [+]202495ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202431ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20256.0%chart6.4%September 2025Unemployment Rate [+]
Unemployment rate [+]2025Q25.9%chart6.7%2025Q2Unemployment rate [+]
Unemployed [+]2025Q2330Kchart64K2025Q2Unemployed [+]
NMW [+]2025$1,150.9chart$839.12025NMW [+]
NMW [+]2025€1,015.0chart€740.02025NMW [+]
Average Wage [+]2024$24,449chart$21,8382024Average Wage [+]
Average Wage [+]2024€22,588chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201743ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]11/14/20250.8585chart0.858511/14/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]11/14/20253.10%
Risk Premium [+]11/04/202536
Stock ExchangeYTD % [+]11/14/202529.37%chart6.65%11/14/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]October 20252.3%chart4.2%October 2025CPI (overall index) [+]
HICP [+]October 20252.0%chart4.2%October 2025HICP [+]
PPI Year on Year [+]September 2025-3.7%chart-0.4%September 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202039ºchart19º2020Doing Business [+]
IPI Year on Year [+]September 20252.0%chart6.5%September 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024403,673chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202217.62chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023318,231
Vehicles / 1,000 people [+]2021644.11chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201123.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202258.2%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202216,308,000chart478,0002021Annual arrivals [+]
Exports [+]2024€78,895.0Mchart€19,073.9M2024Exports [+]
Exports [+]2024$85,394.4Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202427.26%chart47.26%2024Exports % GDP [+]
Imports [+]2024€107,243.4Mchart€21,917.7M2024Imports [+]
Imports [+]2024$116,078.1Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202437.05%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€-28,348.4Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$-30,683.7Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2024-9.79%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]September 20255.1%chart2.6%September 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201538ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2024117chart292024Density [+]
Global Peace Ranking [+]20247ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.60‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20174,811.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20209.64%chart12.65%2020% Immigrant [+]
% Emigrant [+]202020.02%chart20.07%2020% Emigrant [+]
Birth Rate [+]20247.90‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,468.5chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202411.10‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.45chart1.362023Fertility Rate [+]
Crude marriage rate [+]20233.50‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202416.6%chart21.6%2024% risk of poverty [+]
Population [+]202410,749,635chart1,856,9322024Population [+]
Immigrant stock [+]20201,001,963chart239,4222020Immigrant stock [+]
Emigrant stock [+]20202,081,419chart380,0102020Emigrant stock [+]
HDI [+]20220.874chart0.8792022HDI [+]
Gender Gap Ranking [+]202417ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202482.70chart76.702024Life expectancy [+]
Suicides [+]20221,029chart2672023Suicides [+]
Suicide rate [+]20229.70chart14.202023Suicide rate [+]
Number of homicides [+]202275chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.72chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.58chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202350,317chart6,6642023Consumption GWh [+]
Generation GWh [+]202345,213chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/202529,524chart7,64109/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/20255,671,586chart977,78309/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]09/29/20238,909,769chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20252,746.51chart4,114.8509/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]09/29/202328,314,796chart2,979,62412/23/2023Doses administered [+]
Portugal
Latvia