Country comparison Switzerland vs Latvia

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Gouvernement
GDP Growth (%) [+]20251.3%chart2.1%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q425,648Kchart5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2025€925,875Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2025$1,046,220Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2025€102,295chart€23,4102025GDP per capita [+]
GDP per capita [+]2025$115,591chart$26,1312025GDP per capita [+]
Quarterly GDP [+]2025Q4€232,137Mchart€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024325,312chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024352,006chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202437.52%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€35,942chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$38,891chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]20244,745chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]20245,410chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20240.50%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024291,053.9chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024299,453.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202343,954.2chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202345,799.1chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202315.85%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202469,255.0chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202334,580.5chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202311.65%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20246,434.8chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20246,722.8chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.27%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.60%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€32,157chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$33,085chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€4,930chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,198chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€7,727chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$3,898chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€714chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$751chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]02/14/2025AaaA301/26/2024Moody's Rating [+]
S&P Rating [+]10/01/1988AAAA05/31/2024S&P Rating [+]
Fitch Rating [+]02/28/2020AAAA-04/10/2020Fitch Rating [+]
Corruption Index [+]202382chart602023Corruption Index [+]
Competitiveness Ranking [+]20195ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202416.2chart41.42024Fragile States Index [+]
RTI Raking [+]202487ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20241ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20255.1%chart6.9%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q35.1%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3261Kchart66K2025Q3Unemployed [+]
NMW [+]2024$5,011.6chart$916.52026NMW [+]
NMW [+]2024€4,548.8chart€780.02026NMW [+]
Average Wage [+]2024$112,976chart$21,8382024Average Wage [+]
Average Wage [+]2024€104,378chart€20,1762024Average Wage [+]
Human Capital Ranking [+]20173ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Swiss francs [+]03/11/20260.9031
US Dollar exchange rate [+]03/11/20260.7787chart0.863503/11/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]03/12/20260.41%
Risk Premium [+]03/12/2026-253
Stock ExchangeYTD % [+]03/11/2026-2.42%chart-2.52%03/12/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20250.1%chart2.3%February 2026CPI (overall index) [+]
HICP [+]December 20250.2%
PPI Year on Year [+]January 2026-1.5%chart1.2%January 2026PPI Year on Year [+]
Money Market
Key rates [+]06/20/20250%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202036ºchart19º2020Doing Business [+]
IPI Year on Year [+]December 2025-10.0%chart13.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 2024464,102chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202228.91chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021603.77chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202427.8%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20187.70%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202241.6%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20229,159,500chart478,0002021Annual arrivals [+]
Exports [+]2025€490,446.4Mchart€19,604.9M2025Exports [+]
Exports [+]2025$554,194.6Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202552.97%chart45.57%2025Exports % GDP [+]
Imports [+]2025€442,364.7Mchart€23,255.2M2025Imports [+]
Imports [+]2025$499,863.3Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202547.78%chart54.05%2025Imports % GDP [+]
Trade balance [+]2025€48,081.7Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2025$54,331.4Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]20255.19%chart-8.48%2025Trade balance % GDP [+]
Retail Sales YoY [+]January 2026-1.0%chart5.9%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20151ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2024219chart292024Density [+]
Global Peace Ranking [+]20246ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.80‰chart2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]20172,488.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202028.73%chart12.65%2020% Immigrant [+]
% Emigrant [+]20208.23%chart20.07%2020% Emigrant [+]
Birth Rate [+]20248.70‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20179,197.2chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20248.00‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20241.29chart1.242024Fertility Rate [+]
Crude marriage rate [+]20234.20‰chart5.50‰2024Crude marriage rate [+]
% risk of poverty [+]202416.2%chart22.0%2025% risk of poverty [+]
Population [+]20249,051,029chart1,860,5652024Population [+]
Immigrant stock [+]20202,491,249chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020713,623chart380,0102020Emigrant stock [+]
HDI [+]20220.967chart0.8792022HDI [+]
Gender Gap Ranking [+]202420ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202484.50chart76.402024Life expectancy [+]
Suicides [+]20231,023chart2672023Suicides [+]
Suicide rate [+]202311.20chart14.202023Suicide rate [+]
Number of homicides [+]202353chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.60chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.87chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202456,378chart6,6232024Consumption GWh [+]
Generation GWh [+]202475,066chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202614,170chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20264,491,241chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]05/01/20236,013,254chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20261,565.57chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]07/03/202316,940,716chart2,979,62412/23/2023Doses administered [+]
Switzerland
Latvia