Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

CPI

4.4%

0.0

  1. Countries data: Demographic and economy

Country comparison Saudi Arabia vs Latvia

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New motor vehicle annual sales per 1,000 people Saudi Arabia vs Latvia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2019Q46,168Kchart5,407K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2022€1,051,497Mchart€40,348M2023Annual GDP [+]
Annual GDP [+]2022$1,108,150Mchart$43,628M2023Annual GDP [+]
GDP per capita [+]2022€32,680chart€21,4402023GDP per capita [+]
GDP per capita [+]2022$34,441chart$23,1692023GDP per capita [+]
Quarterly GDP [+]2019Q4€185,443Mchart€10,181M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022250,499chart15,9482022Debt (M.€.) [+]
Debt ($M) [+]2022263,995chart16,8062022Debt ($M) [+]
Debt (%GDP) [+]202223.82%chart41.00%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€7,786chart€8,4702022Debt Per Capita [+]
Debt Per Capita [+]2022$8,205chart$8,9252022Debt Per Capita [+]
Deficit (M.€) [+]202226,332chart-1,7892022Deficit (M.€) [+]
Deficit ($M) [+]202227,751chart-1,5292022Deficit ($M) [+]
Deficit (%GDP) [+]20222.50%chart-4.60%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022296,813.8chart15,713.42022Expenditure (M.€) [+]
Expenditure ($M) [+]2022312,805.5chart16,572.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]202050,242.9chart1,237.22018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202057,341.5chart1,461.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202118.79%chart11.15%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]201623,429.8chart2,311,044,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]201625,927.5chart2,433,529,332.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201610.06%chart9.00%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202278,049.8chart786.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202282,255.0chart843.92022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202227.79%chart5.16%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202228.23%chart40.40%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€9,225chart€8,3452022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$9,722chart$8,8012022Expenditure Per Capita [+]
Education Expenditure P.C [+]2020€1,592chart€6422018Education Expenditure P.C [+]
Education Expenditure P.C [+]2020$1,817chart$7562018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2016€703chart€1,2322022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2016$778chart$1,2972022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€2,426chart€4172022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$2,556chart$4502022Defence Expenditure P.C. [+]
Moody's Rating [+]03/17/2023A1A301/26/2024Moody's Rating [+]
S&P Rating [+]03/17/2023AA+12/06/2022S&P Rating [+]
Fitch Rating [+]04/05/2023A+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202251chart592022Corruption Index [+]
Competitiveness Ranking [+]201936ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]201870.2chart44.92018Fragile States Index [+]
RTI Raking [+]2022119ºchart106º2022RTI Raking [+]
Innovation Ranking [+]201861ºchart34º2018Innovation Ranking [+]
Labour
6.9%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q35.1%chart6.8%2023Q4Unemployment rate [+]
Unemployed [+]2016Q2699Kchart64K2023Q4Unemployed [+]
NMW [+]2022$800.0chart$773.52024NMW [+]
NMW [+]2022€707.9chart€700.02024NMW [+]
$17,6462022Average Wage [+]
€16,7582022Average Wage [+]
Human Capital Ranking [+]201782ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Saudi riyals [+]04/15/20243.9960
US Dollar exchange rate [+]04/15/20243.7500chart0.938404/15/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/16/20244.45%chart14.92%04/16/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20231.5%chart0.9%March 2024CPI (overall index) [+]
1.0%March 2024HICP [+]
-13.1%February 2024PPI Year on Year [+]
Money Market
4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202063ºchart19º2020Doing Business [+]
-0.2%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022519,485chart16,739December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202219.16chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015221.36chart457.352021Vehicles / 1,000 people [+]
Taxes
30.5%2022Tax 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 [+]201917,525,636chart1,934,8002019Annual arrivals [+]
Exports [+]2021€218,483.1Mchart€20,940.4M2023Exports [+]
Exports [+]2021$258,400.0Mchart$22,611.1M2023Exports [+]
Exports % GDP [+]202129.77%chart51.83%2023Exports % GDP [+]
Imports [+]2021€131,061.2Mchart€25,161.3M2023Imports [+]
Imports [+]2021$155,006.1Mchart$27,170.4M2023Imports [+]
Imports % GDP [+]202117.86%chart62.28%2023Imports % GDP [+]
Trade balance [+]2021€87,422.0Mchart€-4,220.9M2023Trade balance [+]
Trade balance [+]2021$103,393.9Mchart$-4,559.3M2023Trade balance [+]
Trade balance % GDP [+]202111.91%chart-10.45%2023Trade balance % GDP [+]
2.4%December 2023Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202215chart292022Density [+]
Global Peace Ranking [+]2023119ºchart27º2023Global Peace Ranking [+]
2.90‰2022Crude 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 [+]202117.47‰chart8.50‰2022Birth Rate [+]
Remittance sent ($M) [+]201746,724.6chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20212.86‰chart16.40‰2022Crude death rate [+]
Fertility Rate [+]20212.43chart1.472022Fertility Rate [+]
6.30‰2022Crude marriage rate [+]
22.5%2023% risk of poverty [+]
Population [+]202232,175,000chart1,883,0082022Population [+]
Immigrant stock [+]202013,454,842chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020299,268chart380,0102020Emigrant stock [+]
HDI [+]20210.875chart0.8632021HDI [+]
Gender Gap Ranking [+]2023131ºchart13º2023Gender Gap Ranking [+]
Life expectancy [+]202176.94chart74.502022Life expectancy [+]
Suicides [+]20151,057chart2542021Suicides [+]
Suicide rate [+]20153.55chart13.642021Suicide rate [+]
Number of homicides [+]2019285chart672022Number of homicides [+]
Rate Homicides per 100.000 [+]20190.80chart3.622022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202116.63chart3.852021CO2 Tons per capita [+]
Annual crude oil production [+]202210,644
Crude Oil Reserves [+]2021258,600.0
Consumption GWh [+]2021329,007chart6,9172021Consumption GWh [+]
Generation GWh [+]2021366,658chart5,5382021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20249,646chart7,46503/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/2024841,469chart977,70103/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]04/25/202325,433,941chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/2024299.80chart3,964.4003/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]04/25/202368,534,631chart2,895,71607/11/2022Doses administered [+]
Saudi Arabia
Latvia