Country comparison Saudi Arabia vs Latvia

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20242.6%chart2.1%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2019Q46,168Kchart5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€1,145,787Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$1,254,141Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€32,458chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$35,122chart$26,1312025GDP per capita [+]
Quarterly GDP [+]2019Q4€185,443Mchart€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024299,657chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024324,245chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202426.15%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€8,489chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$9,185chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-28,511chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,850chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.49%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024338,792.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024366,591.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202350,484.8chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202354,603.3chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202415.64%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202343,666.5chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202347,216.6chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202313.69%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202483,620.7chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202491,528.5chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202422.31%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202429.57%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,598chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,385chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€1,498chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$1,620chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,313chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,419chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€2,369chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$2,563chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]11/22/2024Aa3A301/26/2024Moody's Rating [+]
S&P Rating [+]03/14/2025A+A05/31/2024S&P Rating [+]
Fitch Rating [+]04/05/2023A+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202352chart602023Corruption Index [+]
Competitiveness Ranking [+]201936ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202463.2chart41.42024Fragile States Index [+]
RTI Raking [+]2024130ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202447ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2024Q33.7%chart6.7%2025Q4Unemployment rate [+]
Unemployed [+]2016Q2699Kchart64K2025Q4Unemployed [+]
NMW [+]2024$1,066.7chart$916.52026NMW [+]
NMW [+]2024€971.2chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201782ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Saudi riyals [+]03/12/20264.3301
US Dollar exchange rate [+]03/12/20263.7500chart0.871403/13/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/12/20263.49%chart-2.30%03/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]July 20252.1%chart2.3%February 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202063ºchart19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 2023645,723chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202322.51chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015221.36chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/202015.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]20200%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202216,638,000chart478,0002021Annual arrivals [+]
Exports [+]2023€295,957.1Mchart€19,604.9M2025Exports [+]
Exports [+]2023$320,018.4Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202326.27%chart45.57%2025Exports % GDP [+]
Imports [+]2023€191,380.6Mchart€23,255.2M2025Imports [+]
Imports [+]2023$206,939.8Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202316.99%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€104,576.6Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$111,227.3Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]20239.28%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202416chart292024Density [+]
Global Peace Ranking [+]2024102ºchart30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]2017286.5chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202042.64%chart12.65%2020% Immigrant [+]
% Emigrant [+]20200.95%chart20.07%2020% Emigrant [+]
Birth Rate [+]202316.42‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201746,724.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20232.34‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.28chart1.242024Fertility Rate [+]
5.50‰2024Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]202435,300,000chart1,860,5652024Population [+]
Immigrant stock [+]202013,454,842chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020299,268chart380,0102020Emigrant stock [+]
HDI [+]20220.875chart0.8792022HDI [+]
Gender Gap Ranking [+]2024126ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202378.73chart76.402024Life expectancy [+]
Suicides [+]20151,057chart2672023Suicides [+]
Suicide rate [+]20153.55chart14.382023Suicide rate [+]
Number of homicides [+]2019285chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20190.94chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202317.15chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20249,232
Crude Oil Reserves [+]2021258,600.0
Consumption GWh [+]2024398,367chart6,6232024Consumption GWh [+]
Generation GWh [+]2024438,146chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20269,646chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026841,469chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]04/25/202325,433,940chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026273.26chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]04/25/202368,534,630chart2,979,62412/23/2023Doses administered [+]
Saudi Arabia
Latvia