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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Georgia & Latvia

Georgia Flag svg Latvia Flag svg

Georgia vs Latvia

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Georgia Latvia
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World Rank 152 1.4 World Rank 137 1.63
Georgia is a small country located in the region of Caucasus. It lays on the edge of Europe and Asia. It is surrounded by either the Black Sea or by the Caucasus Mountain ranges. The developing country is at the same time very small with the land area of approximately 69,700 square kilometers. Since it is a unitary parliamentary republic, they are governed by President Salome Zurabishvilli and the Prime Minister Giorgi Gakharia. More about Georgia 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))

Georgia Latvia
Position in the ranking of countries
GDP [US$] 18,629,365,597 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))

Georgia Latvia
Position in the ranking of countries
GNI [US$] 17,459,909,901 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)

Georgia Latvia
Position in the ranking of countries
External balance [US$] -3,064,043,258 -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)

Georgia Latvia
Position in the ranking of countries
Unemployment [%] 12.21 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)

Georgia Latvia
Position in the ranking of countries
Population 3,708,610 1,884,490
Percentage of the other

Population growth (annual %)

Density

Gender

Demography