Country comparison Vanuatu vs Latvia

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Gouvernement
GDP Growth (%) [+]20240.9%chart2.1%2025GDP Growth (%) [+]
5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€1,033Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$1,118Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€3,224chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$3,489chart$26,1312025GDP per capita [+]
€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024457chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024494chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202445.34%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,425chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$1,542chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-24chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-26chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.34%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024413.9chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024447.8chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202478.9chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202488.7chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202419.31%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202324.0chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202326.0chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20235.60%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
1,324.42024Defence Expenditure (M.€) [+]
1,433.62024Defence Expenditure ($M) [+]
7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202441.08%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€1,292chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$1,398chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€246chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$266chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€75chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$81chart$1,0682024Gov. Health Exp. P.C. [+]
€7102024Defence Expenditure P.C. [+]
$7572024Defence Expenditure P.C. [+]
A301/26/2024Moody's Rating [+]
A05/31/2024S&P Rating [+]
A-04/10/2020Fitch Rating [+]
Corruption Index [+]202348chart602023Corruption Index [+]
41º2019Competitiveness Ranking [+]
41.42024Fragile States Index [+]
RTI Raking [+]202413ºchart107º2024RTI Raking [+]
42º2024Innovation Ranking [+]
Labour
6.9%January 2026Unemployment Rate [+]
6.7%2025Q4Unemployment rate [+]
64K2025Q4Unemployed [+]
NMW [+]2022$330.6chart$916.52026NMW [+]
€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
28º2017Human Capital Ranking [+]
Markets
0.871203/16/2026US Dollar exchange rate [+]
-2.45%03/16/2026Stock ExchangeYTD % [+]
Prices
2.3%February 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2020107ºchart19º2020Doing Business [+]
13.3%January 2026IPI Year on Year [+]
33,318December 2024Passengers vehicles Year [+]
11.20December 2022Annual Vehicles/ 1,000 p. [+]
457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202318.6%chart35.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201815.00%chart21.00%07/01/2012Standard VAT [+]
31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202230,000chart478,0002021Annual arrivals [+]
Exports [+]2023€55.5Mchart€19,604.9M2025Exports [+]
Exports [+]2023$60.0Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]20235.37%chart45.57%2025Exports % GDP [+]
Imports [+]2023€437.0Mchart€23,255.2M2025Imports [+]
Imports [+]2023$472.5Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202342.34%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€-381.5Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-392.5Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-36.97%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
35º2015Global AgeWatch Ranking [+]
Density [+]202326chart292024Density [+]
30º2024Global Peace Ranking [+]
2.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]201719.4chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20201.08%chart12.65%2020% Immigrant [+]
% Emigrant [+]20202.40%chart20.07%2020% Emigrant [+]
Birth Rate [+]202328.05‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]201746.1chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20235.08‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20233.60chart1.242024Fertility Rate [+]
5.50‰2024Crude marriage rate [+]
% risk of poverty [+]202015.9%chart22.0%2025% risk of poverty [+]
Population [+]2023320,409chart1,860,5652024Population [+]
Immigrant stock [+]20203,257chart239,4222020Immigrant stock [+]
Emigrant stock [+]20207,246chart380,0102020Emigrant stock [+]
HDI [+]20220.614chart0.8792022HDI [+]
Gender Gap Ranking [+]2024111ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202371.48chart76.402024Life expectancy [+]
Suicides [+]201515chart2672023Suicides [+]
Suicide rate [+]20155.69chart14.382023Suicide rate [+]
Number of homicides [+]20201chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20200.33chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.92chart3.562023CO2 Tons per capita [+]
Consumption GWh [+]202475chart6,6232024Consumption GWh [+]
Generation GWh [+]202480chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/22/202614chart7,72002/22/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/22/202612,019chart977,79802/22/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]02/20/2023162,250chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/22/202643.69chart4,149.2802/22/2026COVID-19 - Deaths per million population [+]
Doses administered [+]02/20/2023366,638chart2,979,62412/23/2023Doses administered [+]
Vanuatu
Latvia