Compare the economies of the countries

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Economy power of Benin & Latvia

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Benin vs Latvia

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Benin Latvia
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The Republic of Benin is a former French colony. It is a West African country that has borders with such nations as Nigeria, Togo, Burkina Faso, and Niger. Interestingly, most of its population lives near the coast of the Bight of Benin.  In 2019, it had a population of almost 12 million people.  More about Benin 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)

Benin Latvia
Position in the ranking of countries 115 (2021) 88 (2021)
GDP [US$] 17,144,918,952 39,853,501,579
Percentage of the other 43 % 232.5 %

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

Benin Latvia
Position in the ranking of countries 108 (2021) 86 (2021)
GNI [US$] 17,599,874,022 39,119,352,197
Percentage of the other 45 % 222.3 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Benin Latvia
Position in the ranking of countries 91 (2021) 101 (2021)
External balance [US$] -1,000,149,805 -1,365,012,419
Percentage of the other 73.3 % 136.5 %

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)

Benin Latvia
Position in the ranking of countries 91 (2021) 101 (2021)
Unemployment [%] 1.75 7.51
Percentage of the other 23.3 % 429.1 %

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)

Benin Latvia
Position in the ranking of countries 74 (2021) 145 (2021)
Population 12,996,895 1,884,490
Percentage of the other 689.7 % 14.5 %

Population growth (annual %)

Density

Gender

Demography