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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & New Zealand

Latvia Flag svg New Zealand Flag svg

Latvia vs New Zealand

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Latvia New Zealand
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World Rank 137 1.63 World Rank 39 3.89
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 New Zealand is an island nation located in the southwestern Pacific Ocean. There are two large landmasses that constitute the entire main region of the country, namely the North Island and the South Island. Besides that, there are also 700 smaller islands. More about New Zealand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia New Zealand
Position in the ranking of countries 88 (2021) 48 (2021)
GDP [US$] 39,853,501,579 249,885,687,029
Percentage of the other 15.9 % 627 %

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 New Zealand
Position in the ranking of countries 86 (2021) 46 (2021)
GNI [US$] 39,119,352,197 245,588,484,934
Percentage of the other 15.9 % 627.8 %

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 New Zealand
Position in the ranking of countries 101 (2021) 136 (2021)
External balance [US$] -1,365,012,419 -10,068,609,421
Percentage of the other 13.6 % 737.6 %

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 New Zealand
Position in the ranking of countries 101 (2021) 136 (2021)
Unemployment [%] 7.51 3.78
Percentage of the other 198.7 % 50.3 %

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 New Zealand
Position in the ranking of countries 145 (2021) 119 (2021)
Population 1,884,490 5,122,600
Percentage of the other 36.8 % 271.8 %

Population growth (annual %)

Density

Gender

Demography