Country comparison Singapore vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.4%chart2.1%2025GDP Growth (%) [+]
5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€505,877Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$547,387Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€83,798chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$90,674chart$26,1312025GDP per capita [+]
€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024895,406chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024968,879chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024174.30%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€148,320chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$160,490chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]202422,736chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]202424,602chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20244.43%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202474,538.2chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202480,654.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202411,083.8chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202411,993.2chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202511.99%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202312,271.0chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202313,272.0chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.39%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202414,375.8chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202415,555.4chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202420.13%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202414.51%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€12,347chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$13,360chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€1,836chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$1,987chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€2,120chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$2,293chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€2,381chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$2,577chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]05/27/2024AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]03/06/1995AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]08/23/2019AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202383chart602023Corruption Index [+]
Competitiveness Ranking [+]20191ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202425.4chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]20244ºchart42º2024Innovation Ranking [+]
Labour
6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2023Q42.4%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2023Q459Kchart66K2025Q3Unemployed [+]
$916.52026NMW [+]
€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201711ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Singapore dollars [+]03/12/20261.4726
US Dollar exchange rate [+]03/12/20261.2762chart0.866003/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/12/20264.50%chart-2.30%03/13/2026Stock ExchangeYTD % [+]
Prices
2.3%February 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20202ºchart19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 201976,476chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 201915.94chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015146.95chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202313.7%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20087.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202022.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20225,344,000chart478,0002021Annual arrivals [+]
Exports [+]2023€440,443.5Mchart€19,604.9M2025Exports [+]
Exports [+]2023$476,251.5Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202394.25%chart45.57%2025Exports % GDP [+]
Imports [+]2023€391,610.0Mchart€23,255.2M2025Imports [+]
Imports [+]2023$423,447.9Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202383.80%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€48,833.5Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$52,803.6Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]202310.45%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]20248,293chart292024Density [+]
Global Peace Ranking [+]20245ºchart30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202044.38%chart12.65%2020% Immigrant [+]
% Emigrant [+]20206.13%chart20.07%2020% Emigrant [+]
Birth Rate [+]20237.40‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,176.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20236.20‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20230.97chart1.242024Fertility Rate [+]
5.50‰2024Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]20246,037,000chart1,860,5652024Population [+]
Immigrant stock [+]20202,523,648chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020348,464chart380,0102020Emigrant stock [+]
HDI [+]20220.949chart0.8792022HDI [+]
Gender Gap Ranking [+]202448ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202382.90chart76.402024Life expectancy [+]
Suicides [+]2015555chart2672023Suicides [+]
Suicide rate [+]201510.03chart14.202023Suicide rate [+]
Number of homicides [+]20234chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.07chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20239.38chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202459,119chart6,6232024Consumption GWh [+]
Generation GWh [+]202459,255chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20262,024chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20263,006,155chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/29/20235,248,693chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026335.27chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/29/202315,302,530chart2,979,62412/23/2023Doses administered [+]
Singapore
Latvia