We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & Papua New Guinea

Latvia Flag svg Papua New Guinea Flag svg

Latvia vs Papua New Guinea

Show map
Latvia Papua New Guinea
World map with selected countries highlighted.
World Rank 137 1.63 World Rank 123 1.77
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 official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

small flag small flag

(United States of America (USA))

Latvia Papua New Guinea
Position in the ranking of countries
GDP [US$] 39,853,501,579 26,594,305,745
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

small flag small flag

(United States of America (USA))

Latvia Papua New Guinea
Position in the ranking of countries
GNI [US$] 39,119,352,197 25,499,665,355
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

small flag small flag

(China)

Latvia Papua New Guinea
Position in the ranking of countries
External balance [US$] -1,365,012,419 520,159,449
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)

small flag small flag

(South Africa)

Latvia Papua New Guinea
Position in the ranking of countries
Unemployment [%] 7.51 2.83
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

small flag small flag

(China)

Latvia Papua New Guinea
Position in the ranking of countries
Population 1,884,490 9,949,437
Percentage of the other

Population growth (annual %)

Density

Gender

Demography