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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Paraguay

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Latvia vs Paraguay

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Latvia Paraguay
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World Rank 137 1.63 World Rank 116 1.86
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 Paraguay, or as it goes by the official name the Republic of Paraguay, is a country located in South America with the capital city of Asuncion - the first established city by Spanish conquistadors in the region and the first capital of the governorate of the Rio de la Plata. More about Paraguay

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Paraguay
Position in the ranking of countries
GDP [US$] 39,853,501,579 39,495,431,574
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 Paraguay
Position in the ranking of countries
GNI [US$] 39,119,352,197 38,349,497,671
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 Paraguay
Position in the ranking of countries
External balance [US$] -1,365,012,419 458,341,509
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 Paraguay
Position in the ranking of countries
Unemployment [%] 7.51 7.31
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 Paraguay
Position in the ranking of countries
Population 1,884,490 6,703,799
Percentage of the other

Population growth (annual %)

Density

Gender

Demography