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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Albania & Latvia

Albania Flag svg Latvia Flag svg

Albania vs Latvia

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Albania Latvia
World map with selected countries highlighted.
World Rank 163 1.16 World Rank 137 1.63
Albania is a nation located on the Adriatic and Ionian Seas Their official name is the Republic of Albania. With the capital city of Tirana, it is neighbored by Kosovo, Montenegro, North Macedonia, Greece, and Italy if we take into account the maritime borders.  More about Albania The Baltic state of Latvia is one of several small nations located in the Baltic region of Northern Europe. It shares borders with Estonia, Lithuania, Russia, and Belarus. The Republic of Latvia has almost 2 million inhabitants. Its capital and the largest city is Riga. More about Latvia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Albania Latvia
Position in the ranking of countries
GDP [US$] 18,255,787,479 39,853,501,579
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Albania Latvia
Position in the ranking of countries
GNI [US$] 18,006,189,075 39,119,352,197
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Albania Latvia
Position in the ranking of countries
External balance [US$] -2,426,016,102 -1,365,012,419
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(South Africa)

Albania Latvia
Position in the ranking of countries
Unemployment [%] 12.68 7.51
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Albania Latvia
Position in the ranking of countries
Population 2,811,666 1,884,490
Percentage of the other

Population growth (annual %)

Density

Gender

Demography