Country comparison United Kingdom vs Latvia

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Gouvernement
GDP Growth (%) [+]20241.1%chart0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q312,925Kchart5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€3,368,254Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$3,694,543Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€48,656chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$52,648chart$23,2432024GDP per capita [+]
Quarterly GDP [+]2025Q3€882,319Mchart€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20243,409,580chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]20243,689,354chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]2024101.23%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€49,946chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$54,045chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-193,632chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-209,521chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-5.75%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20241,483,373.6chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]20241,605,091.9chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2022145,880.3chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2022156,486.7chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.64%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2024304,812,258,156.0chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023302,871.9chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202320.05%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202476,749.6chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202484,184.5chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.25%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202444.04%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€21,730chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$23,513chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€2,158chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$2,274chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,385chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$4,421chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,109chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,200chart$7572024Defence 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 [+]October 20255.1%chart7.0%December 2025Unemployment Rate [+]
Unemployment rate [+]2024Q24.2%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2024Q21,449Kchart66K2025Q3Unemployed [+]
NMW [+]2025$2,608.1chart$916.52026NMW [+]
NMW [+]2025€2,512.1chart€780.02026NMW [+]
Average Wage [+]2019$52,278chart$21,8382024Average Wage [+]
Average Wage [+]2024€52,924chart€20,1762024Average Wage [+]
Human Capital Ranking [+]201723ºchart28º2017Human Capital Ranking [+]
Markets
Euro / British pounds [+]02/13/20260.8716
US Dollar exchange rate [+]02/13/20260.7352chart0.843002/13/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/13/20264.42%
Risk Premium [+]02/13/2026166
Stock ExchangeYTD % [+]02/13/20265.83%chart-2.07%02/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.4%chart3.5%December 2025CPI (overall index) [+]
HICP [+]November 20200.3%chart3.4%December 2025HICP [+]
PPI Year on Year [+]January 20250.3%chart0.3%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/18/20253.75%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20208ºchart19º2020Doing Business [+]
IPI Year on Year [+]December 2020-2.9%chart1.0%December 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 [+]2021639.66chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202434.4%chart35.4%2024Tax 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€19,604.9M2025Exports [+]
Exports [+]2023$521,039.7Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202315.46%chart47.26%2024Exports % GDP [+]
Imports [+]2023€732,010.2Mchart€23,255.2M2025Imports [+]
Imports [+]2023$791,522.6Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202323.49%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€-250,146.1Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-270,611.3Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-8.03%chart-7.05%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20201.4%chart1.0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201510ºchart35º2015Global AgeWatch Ranking [+]
Density [+]2023280chart292024Density [+]
Global Peace Ranking [+]202434ºchart30º2024Global Peace Ranking [+]
Crude divorce rate [+]20161.80‰chart2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20174,373.9chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]202013.95%chart12.65%2020% Immigrant [+]
% Emigrant [+]20207.05%chart20.07%2020% Emigrant [+]
Birth Rate [+]202310.02‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201726,801.5chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20239.52‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.56chart1.362023Fertility Rate [+]
Crude marriage rate [+]20164.40‰chart5.60‰2023Crude marriage rate [+]
% risk of poverty [+]201818.6%chart22.0%2025% risk of poverty [+]
Population [+]202368,265,000chart1,860,5652024Population [+]
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 [+]202381.24chart76.702024Life expectancy [+]
Suicides [+]20215,867chart2672023Suicides [+]
Suicide rate [+]20218.80chart14.202023Suicide 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 [+]2024594
Crude Oil Reserves [+]20212,500.0
Consumption GWh [+]2023262,518chart6,6642023Consumption GWh [+]
Generation GWh [+]2023267,716chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026232,112chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/202625,107,983chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]09/11/202250,762,968chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20263,400.16chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]09/04/2022151,248,820chart2,979,62412/23/2023Doses administered [+]
United Kingdom
Latvia