We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Finland & Latvia

Finland Flag svg Latvia Flag svg

Finland vs Latvia

Show map
Finland Latvia
World map with selected countries highlighted.
World Rank 44 3.53 World Rank 114 1.74
The Republic of Finland is a Nordic country that neighbours such nations as Sweden, Russia, and Norway. Although it is located in the region of Scandinavia, the language spoken in Finland (Finnish) comes from the Uralic language family. An interesting fact is that Swedish is considered as the second official language of Finland. The total land coverage of the nation is relatively large because it is approximately 338,455 square kilometers. More about Finland 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)

small flag small flag

(United States of America (USA))

Finland Latvia
Position in the ranking of countries
GDP [US$] 295,532,341,254 42,247,850,064
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

small flag small flag

(United States of America (USA))

Finland Latvia
Position in the ranking of countries
GNI [US$] 297,129,375,017 43,719,961,550
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

small flag small flag

(China)

Finland Latvia
Position in the ranking of countries
External balance [US$] 877,990,125 -1,579,771,309
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)

small flag small flag

(Eswatini)

Finland Latvia
Position in the ranking of countries
Unemployment [%] 8.26 6.72
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

small flag small flag

(India)

Finland Latvia
Position in the ranking of countries
Population 5,583,911 1,877,445
Percentage of the other

Population growth (annual %)

Density

Gender

Demography