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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Cyprus & Latvia

Cyprus Flag svg Latvia Flag svg

Cyprus vs Latvia

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Cyprus Latvia
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World Rank 64 2.56 World Rank 137 1.63
The Republic of Cyprus is an island nation located in the Mediterreanean Sea. It is the third largest and third most populous island in the sea. The total land coverage of the island (and the nation itself) is 9,251 square kilometers. In 2020, the approximate population of the republic was 1.2 million. As a result, their density was slightly below average at the level of 124 people per square kilometer. More about Cyprus 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))

Cyprus Latvia
Position in the ranking of countries
GDP [US$] 28,407,867,534 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))

Cyprus Latvia
Position in the ranking of countries
GNI [US$] 26,007,856,840 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)

Cyprus Latvia
Position in the ranking of countries
External balance [US$] 829,923,122 -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)

Cyprus Latvia
Position in the ranking of countries
Unemployment [%] 7.46 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)

Cyprus Latvia
Position in the ranking of countries
Population 1,244,188 1,884,490
Percentage of the other

Population growth (annual %)

Density

Gender

Demography