Country comparison South Africa vs Latvia

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Gouvernement
GDP Growth (%) [+]20251.1%chart2.1%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q31,485Kchart5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€370,661Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2025$427,184Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€5,882chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$6,365chart$26,1312025GDP per capita [+]
Quarterly GDP [+]2025Q3€93,580Mchart€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024282,397chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024305,569chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202476.36%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€4,481chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$4,849chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-22,389chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-24,226chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-6.05%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024122,762.3chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024132,835.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202422,317.9chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202422,922.3chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202519.14%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202319,322.7chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202320,898.7chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.89%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,595.2chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,808.6chart1,433.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.11%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.19%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€1,948chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,108chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€354chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$383chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€306chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$331chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€41chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$45chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]12/03/2024Ba2A301/26/2024Moody's Rating [+]
S&P Rating [+]11/14/2025BBA05/31/2024S&P Rating [+]
Fitch Rating [+]11/20/2020BB-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202341chart602023Corruption Index [+]
Competitiveness Ranking [+]201960ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202469.6chart41.42024Fragile States Index [+]
RTI Raking [+]202416ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202469ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 202232.7%chart6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2024Q431.5%chart6.7%2025Q4Unemployment rate [+]
Unemployed [+]2024Q47,996Kchart64K2025Q4Unemployed [+]
NMW [+]2024$261.6chart$916.52026NMW [+]
NMW [+]2024€234.8chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201787ºchart28º2017Human Capital Ranking [+]
Markets
Euro / South African rands [+]03/16/202619.2461
US Dollar exchange rate [+]03/06/202616.5786chart0.871203/16/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/16/2026-0.56%chart-2.45%03/16/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20237.3%chart2.3%February 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
Key rates [+]11/21/20256.75%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202084ºchart19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 2023347,388chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20238.55chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023633,337
Vehicles / 1,000 people [+]2020172.30chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202326.5%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201915.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202045.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20225,698,000chart478,0002021Annual arrivals [+]
Exports [+]2023€102,520.4Mchart€19,604.9M2025Exports [+]
Exports [+]2023$110,855.3Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202329.08%chart45.57%2025Exports % GDP [+]
Imports [+]2023€120,916.5Mchart€23,255.2M2025Imports [+]
Imports [+]2023$130,747.0Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202334.30%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€-18,396.1Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-19,891.7Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-5.22%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201578ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202452chart292024Density [+]
Global Peace Ranking [+]2024127ºchart30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]2017898.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20204.77%chart12.65%2020% Immigrant [+]
% Emigrant [+]20201.52%chart20.07%2020% Emigrant [+]
Birth Rate [+]202318.78‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,588.7chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.24‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.22chart1.242024Fertility Rate [+]
5.50‰2024Crude marriage rate [+]
% risk of poverty [+]201455.5%chart22.0%2025% risk of poverty [+]
Population [+]202463,016,000chart1,860,5652024Population [+]
Immigrant stock [+]20202,860,495chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020914,901chart380,0102020Emigrant stock [+]
HDI [+]20220.717chart0.8792022HDI [+]
Gender Gap Ranking [+]202418ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202366.14chart76.402024Life expectancy [+]
Suicides [+]2020210chart2672023Suicides [+]
Suicide rate [+]20200.30chart14.382023Suicide rate [+]
Number of homicides [+]202227,272chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]202243.72chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20236.56chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20240
Crude Oil Reserves [+]202115.0
Consumption GWh [+]2024216,831chart6,6232024Consumption GWh [+]
Generation GWh [+]2024242,772chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/22/2026102,595chart7,72002/22/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/22/20264,073,151chart977,79802/22/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/24/202321,038,796chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/22/20261,628.08chart4,149.2802/22/2026COVID-19 - Deaths per million population [+]
Doses administered [+]09/24/202341,798,812chart2,979,62412/23/2023Doses administered [+]
South Africa
Latvia