Compare the economies of the countries

Table of Contents

Economy power of Latvia & Portugal

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Latvia vs Portugal

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Latvia Portugal
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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 Officially known as the Portugese Republic, the nation is located on the Iberian Peninsula in soutwestern part of Europe. As a result of its position, it is considered the westernmost sovereign state in Mainland Europe. The only sharing border they have (besides the enormous coastline with the Atlantic Ocean) is with Spain. The capital and largest city in Portugal is Lisbon. It is important to notice that it is one of the oldest nations in Europe. More about Portugal

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Latvia Portugal
Position in the ranking of countries
GDP [US$] 39,853,501,579 253,663,144,586
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 Portugal
Position in the ranking of countries
GNI [US$] 39,119,352,197 250,592,690,421
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 Portugal
Position in the ranking of countries
External balance [US$] -1,365,012,419 -7,566,241,687
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 Portugal
Position in the ranking of countries
Unemployment [%] 7.51 6.58
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 Portugal
Position in the ranking of countries
Population 1,884,490 10,325,147
Percentage of the other

Population growth (annual %)

Density

Gender

Demography