Country comparison Somalia vs Latvia

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Gouvernement
5,445K2025Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€10,144Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$12,109Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€553chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$597chart$23,2432024GDP per capita [+]
€10,193M2025Q1Quarterly GDP [+]
18,8002024Debt (M.€.) [+]
20,6072024Debt ($M) [+]
46.80%2024Debt (%GDP) [+]
€10,0432024Debt Per Capita [+]
$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2023-43chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2023-47chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2023-0.43%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2023680.5chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2023736.0chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]201920.9chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201923.4chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20204.41%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202217.1chart1,829,200,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202218.0chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20222.50%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20170.0chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20170.0chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202319.79%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]20236.71%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€37chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$40chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2019€1chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2019$1chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1chart€9772024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2017€0chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2017$0chart$5132023Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
Corruption Index [+]202311chart602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
Fragile States Index [+]2024111.3chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
6.9%May 2025Unemployment Rate [+]
7.4%2025Q1Unemployment rate [+]
70K2025Q1Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
0.854807/09/2025US Dollar exchange rate [+]
2.51%07/10/2025Stock ExchangeYTD % [+]
Prices
3.8%June 2025CPI (overall index) [+]
4.0%June 2025HICP [+]
-0.6%May 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020190ºchart19º2020Doing Business [+]
4.0%May 2025IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20222.6%chart33.0%2023Tax Revenue (%GDP) [+]
21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
478,0002021Annual arrivals [+]
Exports [+]2023€695.7Mchart€19,075.4M2024Exports [+]
Exports [+]2023$752.2Mchart$20,646.8M2024Exports [+]
Exports % GDP [+]20236.86%chart47.44%2024Exports % GDP [+]
Imports [+]2023€3,867.0Mchart€21,903.7M2024Imports [+]
Imports [+]2023$4,181.3Mchart$23,708.1M2024Imports [+]
Imports % GDP [+]202338.12%chart54.48%2024Imports % GDP [+]
Trade balance [+]2023€-3,171.3Mchart€-2,828.3M2024Trade balance [+]
Trade balance [+]2023$-3,429.1Mchart$-3,061.3M2024Trade balance [+]
Trade balance % GDP [+]2023-31.26%chart-7.03%2024Trade balance % GDP [+]
-1.5%May 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202329chart292023Density [+]
Global Peace Ranking [+]2024153ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.35%chart12.65%2020% Immigrant [+]
% Emigrant [+]202012.22%chart20.07%2020% Emigrant [+]
Birth Rate [+]202342.96‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20170.9chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.84‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20236.13chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202254.4%chart21.6%2024% risk of poverty [+]
Population [+]202318,358,615chart1,875,3162023Population [+]
Immigrant stock [+]202058,590chart239,4222020Immigrant stock [+]
Emigrant stock [+]20202,034,221chart380,0102020Emigrant stock [+]
HDI [+]20220.380chart0.8792022HDI [+]
30º2024Gender Gap Ranking [+]
Life expectancy [+]202358.82chart75.602023Life expectancy [+]
Suicides [+]2015578chart2262022Suicides [+]
Suicide rate [+]20154.19chart12.292022Suicide rate [+]
472023Number of homicides [+]
2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.05chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]2023397chart6,8222023Consumption GWh [+]
Generation GWh [+]2023412chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20241,361chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202427,334chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/25/20237,666,835chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/202474.13chart3,985.9908/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/25/202310,555,834chart2,895,71607/11/2022Doses administered [+]
Somalia
Latvia