Compare the economies of the countries

Table of Contents

Economy power of Latvia & Lithuania

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Latvia vs Lithuania

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Latvia Lithuania
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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 Republic of Lithuania is a country situated in the northern part of Europe It is one of the Baltic states and neighbors Latvia, Belarus, and Poland. It also shares maritime borders with Sweden and Denmark. Let's also remember about its border with a Russian exclave, namely Kaliningrad Oblast. More about Lithuania

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Latvia Lithuania
Position in the ranking of countries
GDP [US$] 39,853,501,579 66,445,256,585
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

Latvia Lithuania
Position in the ranking of countries
GNI [US$] 39,119,352,197 63,887,018,863
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 Lithuania
Position in the ranking of countries
External balance [US$] -1,365,012,419 3,002,883,028
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)

Latvia Lithuania
Position in the ranking of countries
Unemployment [%] 7.51 7.11
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 Lithuania
Position in the ranking of countries
Population 1,884,490 2,800,839
Percentage of the other

Population growth (annual %)

Density

Gender

Demography