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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Malawi

Latvia Flag svg Malawi Flag svg

Latvia vs Malawi

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Latvia Malawi
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World Rank 137 1.63 World Rank 101 2.03
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 Formerly known as Nyasaland, Malawi is a landlocked country located in the southeastern region of Africa. Its official name is the Republic of Malawi and is bordered by Zambia, Tanzania, and Mozambique. With the land coverage of 118,484 square kilometers, it is a very small nation.  More about Malawi

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Malawi
Position in the ranking of countries
GDP [US$] 39,853,501,579 12,626,717,491
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 Malawi
Position in the ranking of countries
GNI [US$] 39,119,352,197 12,398,475,305
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 Malawi
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 Malawi
Position in the ranking of countries
Unemployment [%] 7.51 5.66
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 Malawi
Position in the ranking of countries
Population 1,884,490 19,889,742
Percentage of the other

Population growth (annual %)

Density

Gender

Demography