Country comparison South Korea vs Latvia

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Gouvernement
GDP Growth (%) [+]20242.0%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q37,925Kchart5,760K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€1,733,173Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$1,875,388Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€33,491chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$36,239chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€410,129Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024863,380chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024934,225chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202449.82%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€16,683chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$18,052chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024-13,574chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-14,688chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-0.78%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024390,542.8chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024422,588.7chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202299,274.8chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202297,329.3chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202114.31%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202467,778,041,283.7chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202491,829.8chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202415.50%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202444,404.8chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202448,048.4chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202411.32%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202422.53%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€7,547chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$8,166chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,921chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,884chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€1,674chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,776chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€858chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$928chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]05/09/2024Aa2A301/26/2024Moody's Rating [+]
S&P Rating [+]08/07/2016AAA05/31/2024S&P Rating [+]
Fitch Rating [+]02/11/2020AA-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202363chart602023Corruption Index [+]
Competitiveness Ranking [+]201913ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202429.8chart41.42024Fragile States Index [+]
RTI Raking [+]202445ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20246ºchart42º2024Innovation Ranking [+]
Labour
7.1%November 2025Unemployment Rate [+]
Unemployment rate [+]2024Q42.8%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2024Q4814Kchart66K2025Q3Unemployed [+]
NMW [+]2024$1,596.3chart$839.12025NMW [+]
NMW [+]2024€1,437.4chart€740.02025NMW [+]
Average Wage [+]2015$37,229chart$21,8382024Average Wage [+]
Average Wage [+]2024€32,208chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201727ºchart28º2017Human Capital Ranking [+]
Markets
Euro / South Korean won [+]01/12/20261,715.1100
US Dollar exchange rate [+]01/12/20261,455.7000chart0.855301/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/30/20260%chart0.07%12/30/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20243.1%chart3.8%November 2025CPI (overall index) [+]
3.5%December 2025HICP [+]
1.4%November 2025PPI Year on Year [+]
Money Market
Key rates [+]05/29/20252.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20205ºchart19º2020Doing Business [+]
6.9%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20231,489,363chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202333.84chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20234,243,597
Vehicles / 1,000 people [+]2020457.80chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202328.9%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200610.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202251.9%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]201917,502,756chart478,0002021Annual arrivals [+]
Exports [+]2023€584,690.5Mchart€19,073.9M2024Exports [+]
Exports [+]2023$632,225.8Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202334.28%chart47.26%2024Exports % GDP [+]
Imports [+]2023€594,258.9Mchart€21,917.7M2024Imports [+]
Imports [+]2023$642,572.1Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202334.84%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-9,568.4Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2023$-10,346.3Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2023-0.56%chart-7.05%2024Trade balance % GDP [+]
2.9%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201560ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2024515chart292024Density [+]
Global Peace Ranking [+]202446ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20241.80‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20176,331.8chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20203.33%chart12.65%2020% Immigrant [+]
% Emigrant [+]20204.25%chart20.07%2020% Emigrant [+]
Birth Rate [+]20244.70‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20175,989.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20247.00‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20240.75chart1.362023Fertility Rate [+]
Crude marriage rate [+]20244.40‰chart5.60‰2023Crude marriage rate [+]
21.6%2024% risk of poverty [+]
Population [+]202451,751,000chart1,856,9322024Population [+]
Immigrant stock [+]20201,728,182chart239,4222020Immigrant stock [+]
Emigrant stock [+]20202,204,554chart380,0102020Emigrant stock [+]
HDI [+]20220.929chart0.8792022HDI [+]
Gender Gap Ranking [+]202494ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202483.70chart76.702024Life expectancy [+]
Suicides [+]202212,906chart2672023Suicides [+]
Suicide rate [+]202225.00chart14.202023Suicide rate [+]
Number of homicides [+]2023247chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.48chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.04chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]2023564,183chart6,6642023Consumption GWh [+]
Generation GWh [+]2023583,871chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/202535,934chart7,67412/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/202534,571,873chart977,78612/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]05/26/202344,372,679chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/2025694.36chart4,132.6212/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/12/2022129,647,784chart2,979,62412/23/2023Doses administered [+]
South Korea
Latvia