Country comparison Sweden vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2024Q413,532Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€563,963Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$610,118Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€53,020chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$57,822chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2024Q4€142,790Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]2024188,410chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]2024203,931chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202433.50%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€17,856chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$19,327chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-8,406chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-9,099chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.50%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024281,967.0chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2024305,195.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202135,816.7chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202148,440.5chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202113.53%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202351,572,725,372.0chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202253,395.9chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202219.01%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20237,973.9chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20238,626.7chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20233.06%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202450.00%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€26,722chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$28,924chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€3,439chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$4,054chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€4,902chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5,109chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€752chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$818chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]02/23/2024AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]02/16/2004AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]12/06/2019AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202382chart602023Corruption Index [+]
Competitiveness Ranking [+]20198ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202420.6chart41.42024Fragile States Index [+]
RTI Raking [+]202441ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20242ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]March 20258.1%chart6.9%February 2025Unemployment Rate [+]
Unemployment rate [+]2024Q47.8%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q4438Kchart64K2024Q4Unemployed [+]
$768.82025NMW [+]
€740.02025NMW [+]
Average Wage [+]2023$48,206chart$20,0672023Average Wage [+]
Average Wage [+]2023€44,581chart€18,5592023Average Wage [+]
Human Capital Ranking [+]20178ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Swedish kronas [+]04/22/202510.9153
US Dollar exchange rate [+]04/22/20259.5114chart0.871404/22/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]04/23/20252.32%
Risk Premium [+]04/23/2025-16
Stock ExchangeYTD % [+]04/22/2025-4.79%chart-0.55%04/23/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20240.8%chart3.4%March 2025CPI (overall index) [+]
HICP [+]March 20252.1%chart3.5%March 2025HICP [+]
PPI Year on Year [+]February 20254.8%chart0.5%February 2025PPI Year on Year [+]
Money Market
Key rates [+]02/05/20252.25%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]202010ºchart19º2020Doing Business [+]
IPI Year on Year [+]February 2025-1.4%chart3.1%February 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024522,000chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202231.35chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2017226,000
Vehicles / 1,000 people [+]2021544.53chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202441.7%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/199625.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202252.2%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20226,629,000chart478,0002021Annual arrivals [+]
Exports [+]2024€180,952.8Mchart€18,992.7M2024Exports [+]
Exports [+]2024$195,859.7Mchart$20,557.3M2024Exports [+]
Exports % GDP [+]202432.09%chart47.24%2024Exports % GDP [+]
Imports [+]2024€174,384.0Mchart€21,910.3M2024Imports [+]
Imports [+]2024$188,749.8Mchart$23,715.3M2024Imports [+]
Imports % GDP [+]202430.92%chart54.49%2024Imports % GDP [+]
Trade balance [+]2024€6,568.9Mchart€-2,917.6M2024Trade balance [+]
Trade balance [+]2024$7,109.9Mchart$-3,158.0M2024Trade balance [+]
Trade balance % GDP [+]20241.16%chart-7.26%2024Trade balance % GDP [+]
Retail Sales YoY [+]February 20250.3%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20153ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202320chart292023Density [+]
Global Peace Ranking [+]202439ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20172,819.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202019.31%chart12.65%2020% Immigrant [+]
% Emigrant [+]20203.16%chart20.07%2020% Emigrant [+]
Birth Rate [+]20239.50‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]20173,684.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.00‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.45chart1.362023Fertility Rate [+]
Crude marriage rate [+]20234.20‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202414.8%chart21.6%2024% risk of poverty [+]
Population [+]202310,551,707chart1,871,8822023Population [+]
Immigrant stock [+]20202,003,908chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020327,581chart380,0102020Emigrant stock [+]
HDI [+]20220.952chart0.8792022HDI [+]
Gender Gap Ranking [+]20245ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202383.40chart75.602023Life expectancy [+]
Suicides [+]20221,295chart2262022Suicides [+]
Suicide rate [+]202212.22chart12.292022Suicide rate [+]
Number of homicides [+]2023121chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.15chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.43chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]19950
Consumption GWh [+]2023125,273chart6,8222023Consumption GWh [+]
Generation GWh [+]2023163,199chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202427,399chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20242,755,181chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]03/19/20237,593,676chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20242,596.64chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]02/26/202428,312,817chart2,895,71607/11/2022Doses administered [+]
Sweden
Latvia