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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Netherlands

Latvia Flag svg Netherlands Flag svg

Latvia vs Netherlands

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Latvia Netherlands
World map with selected countries highlighted.
World Rank 114 1.74 World Rank 21 6.36
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 Netherlands is known as Holland. It is located in Western Europe and is neighbored by Germany and Belgium. The nation is divided into 12 provinces and it has two official languages, namely Dutch and West Frisian. Interestingly, there is also English as a secondary official language in the Caribbean Netherlands. The Netherland's largest city and at the same time the capital of the nation is Amsterdam. More about Netherlands

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Netherlands
Position in the ranking of countries 94 (2023) 17 (2023)
GDP [US$] 42,247,850,064 1,154,361,305,398
Percentage of the other 3.7 % 2732.4 %

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 Netherlands
Position in the ranking of countries 91 (2023) 17 (2023)
GNI [US$] 43,719,961,550 1,144,673,458,276
Percentage of the other 3.8 % 2618.2 %

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 Netherlands
Position in the ranking of countries 93 (2023) 5 (2023)
External balance [US$] -1,579,771,309 128,927,227,331
Percentage of the other -1.2 % -8161.1 %

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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(Eswatini)

Latvia Netherlands
Position in the ranking of countries 93 (2023) 5 (2023)
Unemployment [%] 6.72 3.60
Percentage of the other 186.7 % 53.6 %

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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(India)

Latvia Netherlands
Position in the ranking of countries 144 (2023) 69 (2023)
Population 1,877,445 17,877,117
Percentage of the other 10.5 % 952.2 %

Population growth (annual %)

Density

Gender

Demography