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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & North Macedonia

Latvia Flag svg North Macedonia Flag svg

Latvia vs North Macedonia

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Latvia North Macedonia
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World Rank 137 1.63 World Rank 166 1.09
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 North Macedonia is also referred to as North Macedonia. Interestingly, it was renamed not that long ago, because in 2019, due to disputes over the name "Macedonia". Located in Southeast Europe, it is a landlocked country with Bulgaria, Greece, Albania, Serbia, Bulgaria, and Kosovo as neighbours. More about North Macedonia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia North Macedonia
Position in the ranking of countries
GDP [US$] 39,853,501,579 13,825,049,831
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 North Macedonia
Position in the ranking of countries
GNI [US$] 39,119,352,197 13,208,529,986
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 North Macedonia
Position in the ranking of countries
External balance [US$] -1,365,012,419 -2,217,460,313
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 North Macedonia
Position in the ranking of countries
Unemployment [%] 7.51 15.78
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 North Macedonia
Position in the ranking of countries
Population 1,884,490 2,065,092
Percentage of the other

Population growth (annual %)

Density

Gender

Demography