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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Ecuador & Latvia

Ecuador Flag svg Latvia Flag svg

Ecuador vs Latvia

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Ecuador Latvia
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World Rank 94 2.09 World Rank 137 1.63
Ecuador is a country that can be found in South America, in its northwestern part. It is bordered by such nations as Colombia and Peru. Besides that, we should also remember about its coastal line with the Pacific Ocean on the west. The Republic of Ecuador is also the owner of the Galapagos Islands in the Pacific. The land area of this republic is said to be at around 283,000 square kilometers. More about Ecuador 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))

Ecuador Latvia
Position in the ranking of countries
GDP [US$] 106,165,866,000 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))

Ecuador Latvia
Position in the ranking of countries
GNI [US$] 104,502,252,483 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)

Ecuador Latvia
Position in the ranking of countries
External balance [US$] 1,051,807,000 -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)

Ecuador Latvia
Position in the ranking of countries
Unemployment [%] 4.50 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)

Ecuador Latvia
Position in the ranking of countries
Population 17,797,737 1,884,490
Percentage of the other

Population growth (annual %)

Density

Gender

Demography