Country comparison Russia vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.3%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2021Q32,557Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€2,008,424Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$2,173,225Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€13,744chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$14,871chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2021Q3€377,702Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024406,717chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024440,090chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202420.25%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€2,783chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$3,012chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-32,204chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-34,847chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.60%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024740,521.4chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024801,284.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202379,309.6chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202385,779.7chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20208.94%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202393,723.1chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023102,210.5chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202313.67%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024141,640.9chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024153,263.2chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202418.90%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202436.87%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,067chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,483chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€542chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$586chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€644chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$703chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€969chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,049chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]03/06/2022CaA301/26/2024Moody's Rating [+]
S&P Rating [+]03/17/2022CCA05/31/2024S&P Rating [+]
Fitch Rating [+]03/08/2022CA-04/10/2020Fitch Rating [+]
Corruption Index [+]202326chart602023Corruption Index [+]
Competitiveness Ranking [+]201943ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202481.6chart41.42024Fragile States Index [+]
RTI Raking [+]202444ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202459ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20214.3%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2023Q42.9%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2023Q42,202Kchart66K2025Q3Unemployed [+]
NMW [+]2025$220.7chart$916.52026NMW [+]
NMW [+]2025€211.5chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201716ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Russian Rubles [+]02/12/202691.7113
US Dollar exchange rate [+]02/12/202677.1880chart0.842202/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/09/2026-1.48%chart-2.07%02/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 202216.7%chart3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/22/202516.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]201931ºchart19º2020Doing Business [+]
1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20231,049,917chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20239.01chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023729,864
Vehicles / 1,000 people [+]2020361.39chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201920.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202013.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]201924,591,922chart478,0002021Annual arrivals [+]
Exports [+]2023€392,325.9Mchart€19,073.9M2024Exports [+]
Exports [+]2023$424,222.0Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202320.60%chart47.26%2024Exports % GDP [+]
Imports [+]2023€280,492.9Mchart€21,917.7M2024Imports [+]
Imports [+]2023$303,297.0Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202314.73%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€111,833.0Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$120,129.0Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]20235.87%chart-7.05%2024Trade balance % GDP [+]
1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201565ºchart35º2015Global AgeWatch Ranking [+]
Density [+]20249chart292024Density [+]
Global Peace Ranking [+]2024156ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20184.00‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20178,026.3chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20207.88%chart12.65%2020% Immigrant [+]
% Emigrant [+]20207.28%chart20.07%2020% Emigrant [+]
Birth Rate [+]20238.60‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201716,503.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]202312.10‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.41chart1.362023Fertility Rate [+]
Crude marriage rate [+]20186.10‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202111.0%chart22.0%2025% risk of poverty [+]
Population [+]2024146,135,000chart1,860,5652024Population [+]
Immigrant stock [+]202011,636,911chart239,4222020Immigrant stock [+]
Emigrant stock [+]202010,756,697chart380,0102020Emigrant stock [+]
HDI [+]20220.821chart0.8792022HDI [+]
Gender Gap Ranking [+]202181ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202373.25chart76.702024Life expectancy [+]
Suicides [+]201917,192chart2672023Suicides [+]
Suicide rate [+]201911.60chart14.202023Suicide rate [+]
Number of homicides [+]202411,327chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20216.77chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202314.45chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20249,892
Crude Oil Reserves [+]202180,000.0
Consumption GWh [+]20231,010,632chart6,6642023Consumption GWh [+]
Generation GWh [+]20231,123,740chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026404,290chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/202624,901,467chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/27/202379,702,396chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,766.55chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]09/26/2023187,374,510chart2,979,62412/23/2023Doses administered [+]
Russia
Latvia