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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Belgium & Latvia

Belgium Flag svg Latvia Flag svg

Belgium vs Latvia

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Belgium Latvia
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World Rank 27 5.12 World Rank 137 1.63
One of the smallest nations in Europe is the Kingdom of Belgium. It is located in Western Europe. They have four different neighbours, namely France, Germany, Netherlands, and Luxembourg. The total land area is very small, because there are 30,600 square kilometers, giving them 136th place in terms of land coverage. More about Belgium 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))

Belgium Latvia
Position in the ranking of countries
GDP [US$] 594,104,177,539 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))

Belgium Latvia
Position in the ranking of countries
GNI [US$] 599,601,791,048 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)

Belgium Latvia
Position in the ranking of countries
External balance [US$] 6,246,761,221 -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)

Belgium Latvia
Position in the ranking of countries
Unemployment [%] 6.26 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)

Belgium Latvia
Position in the ranking of countries
Population 11,592,952 1,884,490
Percentage of the other

Population growth (annual %)

Density

Gender

Demography