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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & Singapore

Latvia Flag svg Singapore Flag svg

Latvia vs Singapore

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Latvia Singapore
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World Rank 137 1.63 World Rank 35 4.32
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 Singapore is a city-state that is located in Southeast Asia. Near it, we can find Malay Peninsula and Indonesian Islands. There is one main island with 63 minor ones. Interestingly, in spite of being just a city-state, there is a horrendous amount of people living there, making Singapore the second most densely populated nation in the world. There are four official languages, including Malay, Tamil, Chinese, and English. More about Singapore

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Singapore
Position in the ranking of countries
GDP [US$] 39,853,501,579 396,986,899,888
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 Singapore
Position in the ranking of countries
GNI [US$] 39,119,352,197 349,153,926,311
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 Singapore
Position in the ranking of countries
External balance [US$] -1,365,012,419 124,499,962,783
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 Singapore
Position in the ranking of countries
Unemployment [%] 7.51 3.54
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 Singapore
Position in the ranking of countries
Population 1,884,490 5,453,566
Percentage of the other

Population growth (annual %)

Density

Gender

Demography