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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & Nigeria

Latvia Flag svg Nigeria Flag svg

Latvia vs Nigeria

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Latvia Nigeria
World map with selected countries highlighted.
World Rank 137 1.63 World Rank 24 5.34
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 Federal Republic of Nigeria is one of the largest and most prosperous nations in Africa. It is located in West Africa and shares borders with Niger, Chad, Cameroon, and Benin. Being a federal republic, it is divided into 36 states. However, there is also the Federal Capital Territory, which is the capital of the nation Abuja. Interestingly, the largest city in the country and in the entire African continent is Lagos. More about Nigeria

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Nigeria
Position in the ranking of countries
GDP [US$] 39,853,501,579 440,833,583,992
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 Nigeria
Position in the ranking of countries
GNI [US$] 39,119,352,197 423,882,311,505
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 Nigeria
Position in the ranking of countries
External balance [US$] -1,365,012,419 -4,847,531,323
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 Nigeria
Position in the ranking of countries
Unemployment [%] 7.51 5.94
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 Nigeria
Position in the ranking of countries
Population 1,884,490 213,401,323
Percentage of the other

Population growth (annual %)

Density

Gender

Demography