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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Ethiopia & Latvia

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Ethiopia vs Latvia

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Ethiopia Latvia
World map with selected countries highlighted.
World Rank 48 3.36 World Rank 114 1.74
Formally known as The Federal Democratic Republic of Ethiopia, it is a landlocked country situated in the Horn of Africa - a place that is a peninsula and the easternmost projection of the African continent. This republic is landlocked, and as a result of it, there are several neighbouring nations. These are Djibouti, Somaliland, Somalia, Kenya, South Sudan, and Sudan. More about Ethiopia 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))

Ethiopia Latvia
Position in the ranking of countries 58 (2023) 94 (2023)
GDP [US$] 163,697,927,593 42,247,850,064
Percentage of the other 387.5 % 25.8 %

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))

Ethiopia Latvia
Position in the ranking of countries 58 (2023) 91 (2023)
GNI [US$] 163,284,493,254 43,719,961,550
Percentage of the other 373.5 % 26.8 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Ethiopia Latvia
Position in the ranking of countries 132 (2023) 93 (2023)
External balance [US$] -12,112,674,623 -1,579,771,309
Percentage of the other 766.7 % 13 %

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)

Ethiopia Latvia
Position in the ranking of countries 132 (2023) 93 (2023)
Unemployment [%] 3.40 6.72
Percentage of the other 50.6 % 197.6 %

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)

Ethiopia Latvia
Position in the ranking of countries 11 (2023) 144 (2023)
Population 128,691,692 1,877,445
Percentage of the other 6854.6 % 1.5 %

Population growth (annual %)

Density

Gender

Demography