Compare the economies of the countries

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Economy power of Belarus & Latvia

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Belarus vs Latvia

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Belarus Latvia
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The Republic of Belarus is a landlocked country located in Eastern Europe. Its neighbours are Russia, Ukraine, Poland, Lithuania, and Latvia. In terms of land, their coverage is approximately at 207,600 square kilometers. As a result, it gives them 13th place in terms of land coverage in Europe. More about Belarus 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)

Belarus Latvia
Position in the ranking of countries 81 (2023) 94 (2023)
GDP [US$] 71,857,382,745 42,247,850,064
Percentage of the other 170.1 % 58.8 %

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

Belarus Latvia
Position in the ranking of countries 79 (2023) 91 (2023)
GNI [US$] 69,352,182,752 43,719,961,550
Percentage of the other 158.6 % 63 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Belarus Latvia
Position in the ranking of countries 55 (2023) 93 (2023)
External balance [US$] 459,341,280 -1,579,771,309
Percentage of the other -29.1 % -343.9 %

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)

Belarus Latvia
Position in the ranking of countries 55 (2023) 93 (2023)
Unemployment [%] 3.36 6.72
Percentage of the other 50 % 200 %

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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(India)

Belarus Latvia
Position in the ranking of countries 96 (2023) 144 (2023)
Population 9,178,298 1,877,445
Percentage of the other 488.9 % 20.5 %

Population growth (annual %)

Density

Gender

Demography