Country comparison United Kingdom vs Latvia

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Gouvernement
Qu. GDP Per Capita [+]2025Q112,901Kchart5,598K2024Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€3,368,257Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$3,643,834Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2024€49,172chart€21,6102024GDP per capita [+]
GDP per capita [+]2024$53,195chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q1€883,724Mchart€10,479M2024Q4Quarterly GDP [+]
Debt (M.€.) [+]20243,409,584chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]20243,689,354chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]2024101.23%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€49,775chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$53,859chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-193,632chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-209,521chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-5.75%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20241,483,375.0chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]20241,605,091.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2021143,452.9chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2021159,294.1chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202111.23%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023275,293,454,741.9chart2,043,247,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022283,563.2chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202220.67%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202370,592.8chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202376,323.3chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.15%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202444.04%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€21,655chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$23,432chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€2,132chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$2,524chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€4,058chart€1,0852023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,183chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€1,031chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$1,115chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]10/20/2023Aa3A301/26/2024Moody's Rating [+]
S&P Rating [+]04/21/2023AAA05/31/2024S&P Rating [+]
Fitch Rating [+]03/27/2020AA-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202371chart602023Corruption Index [+]
Competitiveness Ranking [+]20199ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202440.8chart41.42024Fragile States Index [+]
RTI Raking [+]202443ºchart107º2024RTI Raking [+]
Innovation Ranking [+]20245ºchart42º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20254.5%chart6.7%March 2025Unemployment Rate [+]
Unemployment rate [+]2024Q24.2%chart6.9%2024Q4Unemployment rate [+]
Unemployed [+]2024Q21,449Kchart64K2024Q4Unemployed [+]
NMW [+]2024$2,470.6chart$768.82025NMW [+]
NMW [+]2024€2,230.9chart€740.02025NMW [+]
Average Wage [+]2019$52,278chart$21,8382024Average Wage [+]
Average Wage [+]2023€49,521chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201723ºchart28º2017Human Capital Ranking [+]
Markets
Euro / British pounds [+]05/23/20250.8382
US Dollar exchange rate [+]05/23/20250.7409chart0.884905/23/2025US Dollar exchange rate [+]
10-Year Bond Yield [+]05/23/20254.68%
Risk Premium [+]05/23/2025211
Stock ExchangeYTD % [+]05/23/20256.67%chart0.71%05/23/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20253.5%chart3.9%April 2025CPI (overall index) [+]
HICP [+]November 20200.3%chart4.0%April 2025HICP [+]
PPI Year on Year [+]January 20250.3%chart1.9%March 2025PPI Year on Year [+]
Money Market
Key rates [+]05/08/20254.25%chart2.40%04/23/2025Key rates [+]
Business
Doing Business [+]20208ºchart19º2020Doing Business [+]
IPI Year on Year [+]December 2020-2.9%chart-2.5%March 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20243,762,680chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202228.75chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20231,025,474
Vehicles / 1,000 people [+]2021637.25chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202335.3%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/04/201120.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202247.7%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202230,741,000chart478,0002021Annual arrivals [+]
Exports [+]2023€481,864.1Mchart€19,094.0M2024Exports [+]
Exports [+]2023$521,039.7Mchart$20,667.0M2024Exports [+]
Exports % GDP [+]202315.46%chart47.49%2024Exports % GDP [+]
Imports [+]2023€732,010.2Mchart€21,934.5M2024Imports [+]
Imports [+]2023$791,522.6Mchart$23,741.5M2024Imports [+]
Imports % GDP [+]202323.49%chart54.55%2024Imports % GDP [+]
Trade balance [+]2023€-250,146.1Mchart€-2,840.4M2024Trade balance [+]
Trade balance [+]2023$-270,611.3Mchart$-3,074.5M2024Trade balance [+]
Trade balance % GDP [+]2023-8.03%chart-7.06%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20201.4%chart2.4%March 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201510ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023281chart292023Density [+]
Global Peace Ranking [+]202434ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20161.80‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20174,373.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202013.95%chart12.65%2020% Immigrant [+]
% Emigrant [+]20207.05%chart20.07%2020% Emigrant [+]
Birth Rate [+]202310.02‰chart7.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201726,801.5chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.52‰chart14.90‰2023Crude death rate [+]
Fertility Rate [+]20231.56chart1.362023Fertility Rate [+]
Crude marriage rate [+]20164.40‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]201818.6%chart21.6%2024% risk of poverty [+]
Population [+]202368,500,000chart1,871,8822023Population [+]
Immigrant stock [+]20209,359,587chart239,4222020Immigrant stock [+]
Emigrant stock [+]20204,732,510chart380,0102020Emigrant stock [+]
HDI [+]20220.940chart0.8792022HDI [+]
Gender Gap Ranking [+]202414ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202381.24chart75.602023Life expectancy [+]
Suicides [+]20205,524chart2262022Suicides [+]
Suicide rate [+]20208.20chart12.292022Suicide rate [+]
Number of homicides [+]2020673chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20201.00chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.42chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]2024595
Crude Oil Reserves [+]20212,500.0
Consumption GWh [+]2023262,166chart6,8222023Consumption GWh [+]
Generation GWh [+]2023267,364chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/2024232,112chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202424,974,629chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]09/11/202250,762,968chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,388.50chart3,993.3108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]09/04/2022151,248,820chart2,895,71607/11/2022Doses administered [+]
United Kingdom
Latvia