Country comparison Sweden vs Latvia

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Gouvernement
GDP Growth (%) [+]20240.9%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q314,124Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€558,673Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$604,395Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€52,550chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$57,020chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€149,544Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024189,536chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024199,158chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202434.00%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€17,902chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$18,810chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-8,902chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-10,382chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.60%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024283,215.8chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024297,623.4chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202240,049.4chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202242,443.2chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202215.28%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202454,174,407,742.1chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202356,210.6chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202319.45%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202411,160.7chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202412,074.1chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.12%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202450.70%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€26,749chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$28,110chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,804chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,000chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€5,134chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,342chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,050chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,139chart$7572024Defence 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 [+]December 20258.8%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q38.2%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3478Kchart66K2025Q3Unemployed [+]
$916.52026NMW [+]
€780.02026NMW [+]
Average Wage [+]2024$50,869chart$21,8382024Average Wage [+]
Average Wage [+]2024€46,998chart€20,1762024Average Wage [+]
Human Capital Ranking [+]20178ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Swedish kronas [+]02/06/202610.6735
US Dollar exchange rate [+]02/06/20269.0499chart0.847902/06/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/06/20262.68%
Risk Premium [+]02/06/2026-16
Stock ExchangeYTD % [+]02/06/20269.52%chart-4.00%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20240.8%chart3.5%December 2025CPI (overall index) [+]
HICP [+]December 20252.1%chart3.4%December 2025HICP [+]
PPI Year on Year [+]December 20251.3%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]10/01/20251.75%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202010ºchart19º2020Doing Business [+]
IPI Year on Year [+]November 20253.8%chart1.0%December 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) [+]202442.3%chart35.4%2024Tax 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€180,844.3Mchart€19,073.9M2024Exports [+]
Exports [+]2024$195,742.3Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202432.37%chart47.26%2024Exports % GDP [+]
Imports [+]2024€175,281.1Mchart€21,917.7M2024Imports [+]
Imports [+]2024$189,720.8Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202431.37%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€5,563.2Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$6,021.5Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]20241.00%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.7%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20153ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202420chart292024Density [+]
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 [+]20249.30‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20173,684.0chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20248.60‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20241.43chart1.362023Fertility Rate [+]
Crude marriage rate [+]20234.20‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202414.8%chart22.0%2025% risk of poverty [+]
Population [+]202410,587,710chart1,860,5652024Population [+]
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 [+]202484.10chart76.702024Life expectancy [+]
Suicides [+]20231,370chart2672023Suicides [+]
Suicide rate [+]202312.60chart14.202023Suicide 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 [+]2023125,209chart6,6642023Consumption GWh [+]
Generation GWh [+]2023163,135chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/202629,189chart7,68201/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/20262,783,438chart977,79001/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]03/19/20237,593,676chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20262,756.88chart4,136.9301/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]02/26/202428,312,816chart2,979,62412/23/2023Doses administered [+]
Sweden
Latvia