Country comparison Spain vs Latvia

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Gouvernement
GDP Growth (%) [+]20252.8%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q48,809Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2025€1,685,783Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2025$1,904,906Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2025€34,190chart€21,6402024GDP per capita [+]
GDP per capita [+]2025$38,610chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q4€434,595Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20241,620,573chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20241,753,580chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024101.60%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€33,008chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$35,717chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-51,267chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-54,305chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.22%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024725,001.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024782,158.8chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202263,090.7chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202266,329.8chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.88%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2024106,331,861,000.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2024115,091,479,709.2chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.85%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202422,832.5chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202424,713.5chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20243.20%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.50%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€14,767chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$15,931chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,320chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,383chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€2,187chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$2,367chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€467chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$503chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]09/26/2025A3A301/26/2024Moody's Rating [+]
S&P Rating [+]09/12/2025A+A05/31/2024S&P Rating [+]
Fitch Rating [+]12/13/2019A-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202360chart602023Corruption Index [+]
Competitiveness Ranking [+]201923ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202444.0chart41.42024Fragile States Index [+]
RTI Raking [+]202496ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202428ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 202510.0%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q49.9%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q42,477Kchart66K2025Q3Unemployed [+]
NMW [+]2026$1,622.7chart$916.52026NMW [+]
NMW [+]2026€1,381.0chart€780.02026NMW [+]
Average Wage [+]2024$34,310chart$21,8382024Average Wage [+]
Average Wage [+]2024€31,698chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201744ºchart28º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]02/17/20260.8456chart0.845602/17/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/18/20263.17%
Risk Premium [+]02/18/202643
Stock ExchangeYTD % [+]02/17/20264.56%chart-100.00%02/18/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20252.9%chart3.5%December 2025CPI (overall index) [+]
HICP [+]December 20253.0%chart3.4%December 2025HICP [+]
PPI Year on Year [+]December 2025-3.0%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202031ºchart19º2020Doing Business [+]
IPI Year on Year [+]December 20252.8%chart1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]January 20261,149,362chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]January 202627.69chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20232,451,221
Vehicles / 1,000 people [+]2021629.13chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202437.1%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]09/01/201221.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202245.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202596,770,515chart478,0002021Annual arrivals [+]
Exports [+]2025€394,362.3Mchart€19,604.9M2025Exports [+]
Exports [+]2025$445,621.5Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202523.39%chart47.26%2024Exports % GDP [+]
Imports [+]2025€454,682.1Mchart€23,255.2M2025Imports [+]
Imports [+]2025$513,781.7Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202526.97%chart54.31%2024Imports % GDP [+]
Trade balance [+]2025€-60,319.8Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2025$-68,160.2Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2025-3.58%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20254.7%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201525ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202598chart292024Density [+]
Global Peace Ranking [+]202423ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20241.70‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]201710,692.0chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202014.44%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.14%chart20.07%2020% Emigrant [+]
Birth Rate [+]20246.49‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201717,874.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20248.87‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20241.10chart1.362023Fertility Rate [+]
Crude marriage rate [+]20243.57‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202519.5%chart22.0%2025% risk of poverty [+]
Population [+]202549,337,356chart1,860,5652024Population [+]
Immigrant stock [+]20206,842,202chart239,4222020Immigrant stock [+]
Emigrant stock [+]20201,489,823chart380,0102020Emigrant stock [+]
HDI [+]20220.911chart0.8792022HDI [+]
Gender Gap Ranking [+]202410ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202484.01chart76.702024Life expectancy [+]
Suicides [+]20243,953chart2672023Suicides [+]
Suicide rate [+]20248.05chart14.202023Suicide rate [+]
Number of homicides [+]2023331chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.69chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.68chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20240
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]2025256,084chart6,6642023Consumption GWh [+]
Generation GWh [+]2025272,199chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026121,880chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/202613,980,340chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]05/24/202340,739,123chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,470.34chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023119,228,504chart2,979,62412/23/2023Doses administered [+]
Spain
Latvia