Compare the economies of the countries

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Economy power of Latvia & Nicaragua

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Latvia vs Nicaragua

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Latvia Nicaragua
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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 Nicaragua is the largest country located in the region of Central America. Still, its total land area of 130,375 square kilometers is only 96th in worldwide rankings. It is bordered by only two other states, namely Costa Rica and Honduras. The capital and largest city in the republic is Managua, which is also the third largest city in the Central America region. More about Nicaragua

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Latvia Nicaragua
Position in the ranking of countries
GDP [US$] 39,853,501,579 14,013,022,092
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 Nicaragua
Position in the ranking of countries
GNI [US$] 39,119,352,197 13,114,322,092
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 Nicaragua
Position in the ranking of countries
External balance [US$] -1,365,012,419 -1,759,119,729
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 Nicaragua
Position in the ranking of countries
Unemployment [%] 7.51 5.93
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 Nicaragua
Position in the ranking of countries
Population 1,884,490 6,850,540
Percentage of the other

Population growth (annual %)

Density

Gender

Demography