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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & European Union (EU)

Latvia Flag svg European Union (EU) Flag svg

Latvia vs European Union (EU)

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Latvia European Union (EU)
World map with selected countries highlighted.
World Rank 137 1.63
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 The European Union is a political and economic union of 27 member states that are located in Europe. Its members have a total land coverage of 4,233,255 square kilometers. The population of the EU is about 447 million. List of member states: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany,Greece Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. More about European Union (EU)

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia European Union (EU)
Position in the ranking of countries
GDP [US$] 39,853,501,579 17,177,419,592,825
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))

Latvia European Union (EU)
Position in the ranking of countries
GNI [US$] 39,119,352,197 17,265,699,183,045
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)

Latvia European Union (EU)
Position in the ranking of countries
External balance [US$] -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)

Latvia European Union (EU)
Position in the ranking of countries
Unemployment [%] 7.51 7.00
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)

Latvia European Union (EU)
Position in the ranking of countries
Population 1,884,490 447,199,800
Percentage of the other

Population growth (annual %)

Density

Gender

Demography