Country comparison United Arab Emirates vs Latvia

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Gouvernement
GDP Growth (%) [+]20244.0%chart0%2024GDP Growth (%) [+]
5,749K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€510,287Mchart€40,359M2024Annual GDP [+]
Annual GDP [+]2024$552,325Mchart$43,684M2024Annual GDP [+]
GDP per capita [+]2024€47,784chart€21,6402024GDP per capita [+]
GDP per capita [+]2024$51,721chart$23,2432024GDP per capita [+]
€10,696M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2023154,185chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2023166,763chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202331.91%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€14,438chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2023$15,616chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]202328,110chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]202330,403chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]20235.82%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2023109,504.7chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2023118,438.1chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202113,899.1chart1,558.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202116,167.2chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202114.76%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202315,783.7chart1,847,488,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202317,066.9chart1,999,684,061.42024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.41%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]201418,047.2chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]201423,981.9chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]201417.04%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202322.66%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€10,254chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$11,091chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€1,410chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,668chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,483chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,604chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2014€2,182chart€7052024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2014$2,899chart$7572024Defence Expenditure P.C. [+]
Moody's Rating [+]03/20/2025Aa2A301/26/2024Moody's Rating [+]
S&P Rating [+]06/17/2025AAA05/31/2024S&P Rating [+]
Fitch Rating [+]11/11/2020AA-A-04/10/2020Fitch Rating [+]
Corruption Index [+]202368chart602023Corruption Index [+]
Competitiveness Ranking [+]201925ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202434.7chart41.42024Fragile States Index [+]
107º2024RTI Raking [+]
Innovation Ranking [+]202432ºchart42º2024Innovation Ranking [+]
Labour
7.0%December 2025Unemployment Rate [+]
6.9%2025Q3Unemployment rate [+]
66K2025Q3Unemployed [+]
$916.52026NMW [+]
€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]201745ºchart28º2017Human Capital Ranking [+]
Markets
Euro / UAE dirhams [+]02/12/20264.3607
US Dollar exchange rate [+]02/12/20263.6725chart0.843002/13/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/16/20266.31%chart-2.17%02/17/2026Stock ExchangeYTD % [+]
Prices
3.5%December 2025CPI (overall index) [+]
3.4%December 2025HICP [+]
0.3%December 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202016ºchart19º2020Doing Business [+]
1.0%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2023225,386chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202324.27chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2020342.50chart457.352021Vehicles / 1,000 people [+]
Taxes
35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20185.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]20200%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202111,479,000chart478,0002021Annual arrivals [+]
Exports [+]2023€449,187.1Mchart€19,604.9M2025Exports [+]
Exports [+]2023$485,706.0Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202392.96%chart47.26%2024Exports % GDP [+]
Imports [+]2023€433,091.9Mchart€23,255.2M2025Imports [+]
Imports [+]2023$468,302.2Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202389.63%chart54.31%2024Imports % GDP [+]
Trade balance [+]2023€16,095.2Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$39,090.0Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]20233.33%chart-7.05%2024Trade balance % GDP [+]
1.0%December 2025Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]2023108chart292024Density [+]
Global Peace Ranking [+]202453ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
1,090.02017Remittance received ($M) [+]
% Immigrant [+]202093.83%chart12.65%2020% Immigrant [+]
% Emigrant [+]20202.19%chart20.07%2020% Emigrant [+]
Birth Rate [+]20239.77‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201732,977.8chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20230.93‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20231.20chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
22.0%2025% risk of poverty [+]
Population [+]202310,679,000chart1,860,5652024Population [+]
Immigrant stock [+]20208,716,332chart239,4222020Immigrant stock [+]
Emigrant stock [+]2020203,214chart380,0102020Emigrant stock [+]
HDI [+]20220.937chart0.8792022HDI [+]
Gender Gap Ranking [+]202474ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202382.91chart76.702024Life expectancy [+]
Suicides [+]2015261chart2672023Suicides [+]
Suicide rate [+]20152.99chart14.202023Suicide rate [+]
Number of homicides [+]202271chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20220.69chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202320.22chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20243,745
Crude Oil Reserves [+]202197,800.0
Consumption GWh [+]2023157,974chart6,6642023Consumption GWh [+]
Generation GWh [+]2023165,999chart6,2022023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20262,349chart7,69101/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20261,067,030chart977,79301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/21/20229,792,266chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/2026219.96chart4,133.6901/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]06/21/202224,922,054chart2,979,62412/23/2023Doses administered [+]
United Arab Emirates
Latvia