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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Colombia & Latvia

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Colombia vs Latvia

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Colombia Latvia
World map with selected countries highlighted.
World Rank 56 3.04 World Rank 114 1.74
The Republic of Colombia is located in the north part of South America. It is also believed that the northern borders separate Central America from Southern America. In terms of neighbours, the republic has such neighbors as Venezuela, Brazil, Ecuador, Panama, and Peru.  More about Colombia 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))

Colombia Latvia
Position in the ranking of countries 41 (2023) 94 (2023)
GDP [US$] 363,493,841,244 42,247,850,064
Percentage of the other 860.4 % 11.6 %

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))

Colombia Latvia
Position in the ranking of countries 40 (2023) 91 (2023)
GNI [US$] 359,767,496,425 43,719,961,550
Percentage of the other 822.9 % 12.2 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Colombia Latvia
Position in the ranking of countries 137 (2023) 93 (2023)
External balance [US$] -17,517,519,252 -1,579,771,309
Percentage of the other 1108.9 % 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)

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(Eswatini)

Colombia Latvia
Position in the ranking of countries 137 (2023) 93 (2023)
Unemployment [%] 9.61 6.72
Percentage of the other 143 % 69.9 %

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)

Colombia Latvia
Position in the ranking of countries 27 (2023) 144 (2023)
Population 52,321,152 1,877,445
Percentage of the other 2786.8 % 3.6 %

Population growth (annual %)

Density

Gender

Demography