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Choose a country to compare
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----------
\n
Afghanistan
\n
Albania
\n
Algeria
\n
American Samoa
\n
Andorra
\n
Angola
\n
Anguilla
\n
Antigua and Barbuda
\n
Argentina
\n
Armenia
\n
Aruba
\n
Australia
\n
Austria
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Azerbaijan
\n
Bahamas
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Bahrain
\n
Bangladesh
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Barbados
\n
Belarus
\n
Belgium
\n
Belize
\n
Benin
\n
Bermuda
\n
Bhutan
\n
Bolivia
\n
Bosnia and Herzegovina
\n
Botswana
\n
Brazil
\n
British Virgin Islands
\n
Brunei Darussalam
\n
Bulgaria
\n
Burkina Faso
\n
Burundi
\n
Cambodia
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Cameroon
\n
Canada
\n
Cape Verde
\n
Cayman Islands
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Central African Republic
\n
Chad
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Channel Islands
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Chile
\n
China
\n
Colombia
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Comoros
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Democratic Republic of Congo
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Republic of Congo
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Cook Islands
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Costa Rica
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Cote dIvoire
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Croatia
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Cuba
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Curacao
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Cyprus
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Czech Republic
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Denmark
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Djibouti
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Dominica
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Dominican Republic
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Ecuador
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Egypt
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El Salvador
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Equatorial Guinea
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Eritrea
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Estonia
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Eswatini
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Ethiopia
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Faeroe Islands
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Falkland Islands (Malvinas)
\n
Fiji
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Finland
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France
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French Guiana
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French Polynesia
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Gabon
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Gambia
\n
Georgia
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Germany
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Ghana
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Gibraltar
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Greece
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Greenland
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Grenada
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Guadeloupe
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Guam
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Guatemala
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Guernsey
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Guinea
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Guinea-Bissau
\n
Guyana
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Haiti
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Holy See (Vatican City)
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Honduras
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Hong Kong, China
\n
Hungary
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Iceland
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India
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Indonesia
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Iran
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Iraq
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Ireland
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Israel
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Italy
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Jamaica
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Japan
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Jersey
\n
Jordan
\n
Kazakhstan
\n
Kenya
\n
Kiribati
\n
North Korea
\n
Republic of Korea
\n
Kosovo
\n
Kuwait
\n
Kyrgyzstan
\n
Laos
\n
Latvia
\n
Lebanon
\n
Lesotho
\n
Liberia
\n
Libya
\n
Liechtenstein
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Lithuania
\n
Luxembourg
\n
Macao, China
\n
North Macedonia
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Madagascar
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Malawi
\n
Malaysia
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Maldives
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Mali
\n
Malta
\n
Man, Isle of
\n
Marshall Islands
\n
Martinique
\n
Mauritania
\n
Mauritius
\n
Mayotte
\n
Mexico
\n
Micronesia, Federated States of
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Moldova
\n
Monaco
\n
Mongolia
\n
Montenegro
\n
Montserrat
\n
Morocco
\n
Mozambique
\n
Myanmar (Burma)
\n
Namibia
\n
Nauru
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Nepal
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Netherlands
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Netherlands Antilles
\n
New Caledonia
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New Zealand
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Nicaragua
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Niger
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Nigeria
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Niue
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Northern Mariana Islands
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Norway
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Oman
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Pakistan
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Palau
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Palestinian Territory
\n
Panama
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Papua New Guinea
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Paraguay
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Peru
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Philippines
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Pitcairn
\n
Poland
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Portugal
\n
Puerto Rico
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Qatar
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Reunion
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Romania
\n
Russian Federation
\n
Rwanda
\n
St. Helena
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St. Kitts and Nevis
\n
St. Lucia
\n
St. Martin (French part)
\n
St. Pierre et Miquelon
\n
St. Vincent and the Grenadines
\n
Samoa
\n
San Marino
\n
Sao Tome and Principe
\n
Saudi Arabia
\n
Senegal
\n
Serbia
\n
Seychelles
\n
Sierra Leone
\n
Singapore
\n
Sint Maarten (Dutch part)
\n
Slovakia
\n
Slovenia
\n
Solomon Islands
\n
Somalia
\n
South Africa
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South Sudan
\n
Spain
\n
Sri Lanka
\n
Sudan
\n
Suriname
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Sweden
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Switzerland
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Syrian Arab Republic
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Taiwan
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Tajikistan
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Tanzania
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Thailand
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Timor-Leste
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Togo
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Tokelau
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Tonga
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Trinidad and Tobago
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Tunisia
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Turkiye
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Turkmenistan
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Turks and Caicos Islands
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Tuvalu
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Uganda
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Ukraine
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United Arab Emirates
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United Kingdom
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United States
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Uruguay
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Uzbekistan
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Vanuatu
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Venezuela
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Viet Nam
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Virgin Islands
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Wallis and Futuna Islands
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Western Sahara
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Yemen
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Zambia
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Zimbabwe
\n
All rankings including Latvia
\n
Rankings in which Latvia is Top
\n
Rankings in which Latvia is Top 1-3
\n
Rankings in which Latvia is Bottom 1-3
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Rankings in which Latvia is Bottom
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Rankings in which Latvia is either Top or Bottom
\n
Rankings in which Latvia is either Top3 or Bottom3
\n
National economy>
Latvia
GDP (current US$, billions)
41.167
(2022)
[97/191countries]
GDP per capita (current US$)
21,947
(2022)
[47/191countries]
GDP per capita (PPP, current international$)
39,167
(2022)
[53/192countries]
GNI per capita, Atlas method (current US$)
21,500
(2022)
[45/182countries]
Labour Productivity (GDP per hour worked, current PPP US$)
42.8
(2022)
[30/38countries]
Shadow economy, as % of GDP
16.6%
(2015)
[128/158countries]
Total reserves (includes gold, 100 million US$)
45
(2022)
[88/138countries]
% of those who agree that the government is responsible for providing industry with the help it needs to grow
93.8%
(2016)
[4/35countries]
% of those who are proud of their country in its economic achievements
23.7%
(2013)
[27/33countries]
Saving and investment>
Latvia
Share prices (10 years ago as 100)
872
(2022)
[9/44countries]
% of currency and deposits in household financial assets
37.0%
(2021)
[14/37countries]
Price and interest>
Latvia
Price level index - Gross Domestic Product [= the whole national economy] (OECD=100)
63
(2017)
[33/49countries]
Price level index - Food (OECD=100)
83
(2017)
[33/49countries]
Price level index - Bread and cereals (OECD=100)
77
(2017)
[35/49countries]
Price level index - Meat (OECD=100)
74
(2017)
[35/49countries]
Price level index - Fish (OECD=100)
88
(2017)
[35/49countries]
Price level index - Milk, cheese and eggs (OECD=100)
94
(2017)
[26/49countries]
Price level index - Fruits, vegetables, potatoes (OECD=100)
83
(2017)
[30/49countries]
Price level index - Non-alcoholic beverages (OECD=100)
105
(2017)
[19/49countries]
Price level index - Alcoholic beverages (OECD=100)
90
(2017)
[24/49countries]
Price level index - Tobacco (OECD=100)
69
(2017)
[32/49countries]
Price level index - Clothing and footwear (OECD=100)
102
(2017)
[23/49countries]
Price level index - Housing, water, electricity, gas and other fuels (OECD=100)
55
(2017)
[33/49countries]
Price level index - Hospital services (OECD=100)
19
(2017)
[40/49countries]
Price level index - Transport (OECD=100)
85
(2017)
[33/49countries]
Price level index - Communication (OECD=100)
55
(2017)
[39/49countries]
Price level index - Recreation and culture (OECD=100)
77
(2017)
[31/49countries]
Price level index - Education (OECD=100)
45
(2017)
[30/49countries]
Price level index - Restaurants and hotels (OECD=100)
81
(2017)
[28/49countries]
Price level index - Construction (OECD=100)
53
(2017)
[34/49countries]
Price level index - Services in total (OECD=100)
50
(2017)
[33/49countries]
Long-term interest rate
2.27%
(2022)
[22/39countries]
% of those who agree that the government is responsible for keeping prices under control
71.0%
(2016)
[31/35countries]
% of those who would choose keeping down inflation rather than keeping down unemployment,
30.0%
(1996)
[15/18countries]
Income inequality>
Latvia
Income inequality (gini coefficient) - before tax and government transfers
0.42
(2019)
[20/41countries]
Income inequality (gini coefficient) - after tax and government transfers
0.34
(2019)
[11/41countries]
% of those who are dissatisfied with their earnings
72.6%
(2009)
[4/41countries]
% of men who say that they have a higher income than their partner
69.8%
(2012)
[18/41countries]
% of women who say that they have a higher income than their partner
26.7%
(2012)
[5/41countries]
% of those who say that both partners have about the same income
20.4%
(2012)
[13/41countries]
% of those who think that the government is responsible for reducing income inequality (4 choices)
80.5%
(2016)
[19/35countries]
% of those who think that people with money should be left to enjoy it
60.2%
(2000)
[7/15countries]
Social inequality>
Latvia
Social position>
Latvia
% of those who think that the social status of their job is higher than their fathers' job
37.1%
(2009)
[33/41countries]
% of those who think that the social status of their job is lower than their fathers' job
23.1%
(2009)
[16/41countries]
% of those who think that there is strong conflicts between people at the top of society and people at the bottom
53.8%
(2009)
[19/41countries]
% of those who think that having ambition is very important for getting ahead in life
56.5%
(2009)
[36/41countries]
Manufacturing>
Latvia
Manufacturing, value added (% of GDP)
12.0%
(2021)
[82/193countries]
% of employment of small and medium sized companies (1-249 employees) in manufacturing
76.3%
(2020)
[4/45countries]
% of employment of large companies (250 and more employees) in manufacturing
23.7%
(2020)
[42/45countries]
Services>
Latvia
Tourism, employment, % of total employment
8.3%
(2019)
[13/47countries]
% of employment of small and medium sized companies (1-249 employees) in Wholesale and retail trade; repair of motor vehicles and motorcycles
75.9%
(2020)
[13/43countries]
% of employment of large companies (250 and more employees) in Wholesale and retail trade; repair of motor vehicles and motorcycles
24.1%
(2020)
[30/43countries]
Financial sector>
Latvia
Companies>
Latvia
% of those who think that major private companies comply with laws and regulations
37.7%
(2016)
[27/35countries]
% of those who think that major private companies try to avoid paying their taxes
54.5%
(2016)
[18/35countries]
% of those who agree that large international companies are doing more and more damage to local businesses in the country
63.6%
(2013)
[13/33countries]
Starting business>
Latvia
New business density (new registrations per 1,000 people ages 15-64)
6.89
(2020)
[20/121countries]
Cost of business start-up procedures (% of GNI per capita)
1.5%
(2019)
[148/190countries]
Industrial policy>
Latvia
% of those who think that business, banks and industry have the most influence on the actions of the government
16.0%
(2016)
[24/35countries]
% of those who are in favour of less government regulation of business
66.4%
(2016)
[5/35countries]
% of those who are in favour of government support for industry to develop new products and technology
96.1%
(2016)
[2/35countries]
% of those who are in favour of government support for declining industries to protect jobs
60.7%
(2016)
[22/35countries]