Country comparison Türkiye vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.3%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q24,017Kchart5,657K2025Q2Qu. GDP Per Capita [+]
Annual GDP [+]2024€1,253,387Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$1,323,255Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€14,678chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$15,882chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q2€344,098Mchart€10,504M2025Q2Quarterly GDP [+]
Debt (M.€.) [+]2024301,703chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024326,460chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202424.04%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,522chart€10,1252024Debt Per Capita [+]
Debt Per Capita [+]2024$3,811chart$10,9552024Debt Per Capita [+]
Deficit (M.€) [+]2024-57,348chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-62,054chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.57%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024409,646.0chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024443,259.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202332,231.1chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202334,270.8chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.62%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202444,588,537,053.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202225,248.9chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202210.05%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202315,803.5chart897.12023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202316,803.6chart970.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20224.40%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202432.64%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€4,782chart€9,9192024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,174chart$10,4182024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€378chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$414chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€522chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$290chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€185chart€4772023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$203chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]07/25/2025Ba3A301/26/2024Moody's Rating [+]
S&P Rating [+]11/01/2024BB-A05/31/2024S&P Rating [+]
Fitch Rating [+]07/08/2022BA-04/10/2020Fitch Rating [+]
Corruption Index [+]202334chart602023Corruption Index [+]
Competitiveness Ranking [+]201961ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202484.0chart41.42024Fragile States Index [+]
RTI Raking [+]202493ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202437ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20258.6%chart6.4%September 2025Unemployment Rate [+]
Unemployment rate [+]2025Q28.2%chart6.7%2025Q2Unemployment rate [+]
Unemployed [+]2025Q22,913Kchart64K2025Q2Unemployed [+]
NMW [+]2025$665.2chart$839.12025NMW [+]
NMW [+]2025€584.5chart€740.02025NMW [+]
Average Wage [+]2024$17,287chart$21,8382024Average Wage [+]
Average Wage [+]2024€15,971chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201775ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Turkish liras [+]11/10/202548.8579
US Dollar exchange rate [+]11/10/202542.1504chart0.864211/10/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]11/10/20259.75%chart5.49%11/10/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 202280.2%chart4.2%October 2025CPI (overall index) [+]
HICP [+]September 202533.3%chart4.2%October 2025HICP [+]
PPI Year on Year [+]October 202527.0%chart-0.4%September 2025PPI Year on Year [+]
Money Market
Key rates [+]10/24/202539.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202034ºchart19º2020Doing Business [+]
IPI Year on Year [+]August 20257.2%chart6.5%September 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2023967,341chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202315.09chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20231,468,393
Vehicles / 1,000 people [+]2020223.33chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202323.5%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200618.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202240.8%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202250,453,000chart478,0002021Annual arrivals [+]
Exports [+]2024€219,315.6Mchart€19,073.9M2024Exports [+]
Exports [+]2024$237,382.8Mchart$20,645.2M2024Exports [+]
Exports % GDP [+]202417.50%chart47.26%2024Exports % GDP [+]
Imports [+]2024€296,606.4Mchart€21,917.7M2024Imports [+]
Imports [+]2024$321,040.8Mchart$23,723.3M2024Imports [+]
Imports % GDP [+]202423.66%chart54.31%2024Imports % GDP [+]
Trade balance [+]2024€-77,290.7Mchart€-2,843.7M2024Trade balance [+]
Trade balance [+]2024$-83,658.0Mchart$-3,078.1M2024Trade balance [+]
Trade balance % GDP [+]2024-6.17%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]August 202512.8%chart2.6%September 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201575ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2024109chart292024Density [+]
Global Peace Ranking [+]2024139ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,045.1chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20207.24%chart12.65%2020% Immigrant [+]
% Emigrant [+]20204.08%chart20.07%2020% Emigrant [+]
Birth Rate [+]202411.00‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]20174,737.4chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20245.70‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.51chart1.362023Fertility Rate [+]
Crude marriage rate [+]20236.60‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]202422.2%chart21.6%2024% risk of poverty [+]
Population [+]202485,664,944chart1,856,9322024Population [+]
Immigrant stock [+]20206,052,652chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,411,408chart380,0102020Emigrant stock [+]
HDI [+]20220.855chart0.8792022HDI [+]
Gender Gap Ranking [+]2024127ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202377.30chart76.702024Life expectancy [+]
Suicides [+]20234,061chart2672023Suicides [+]
Suicide rate [+]20234.80chart14.202023Suicide rate [+]
Number of homicides [+]20232,817chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20233.23chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.13chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2024102
Crude Oil Reserves [+]2021366.0
Consumption GWh [+]2023294,807chart6,6642023Consumption GWh [+]
Generation GWh [+]2023319,872chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/2025101,419chart7,64109/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/202517,004,724chart977,78309/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]11/22/202253,176,960chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20251,183.90chart4,114.8509/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]11/22/2022152,543,340chart2,979,62412/23/2023Doses administered [+]
Türkiye
Latvia