Compare the economies of the countries

Table of Contents

Economy power of Latvia & Sri Lanka

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Latvia vs Sri Lanka

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Latvia Sri Lanka
World map with selected countries highlighted.
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 Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is located in South Asia. Interestingly, its previous name is Ceylon on account of being a British crown colony.  It’s an island in the Indian Ocean, specifically between the Bay of Bengal and the Arabian Sea. Buddhism is an official religion with its believers of over 70% of the entire Sri Lanka population. More about Sri Lanka

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Latvia Sri Lanka
Position in the ranking of countries
GDP [US$] 39,853,501,579 88,927,263,724
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 Sri Lanka
Position in the ranking of countries
GNI [US$] 39,119,352,197 86,882,788,616
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 Sri Lanka
Position in the ranking of countries
External balance [US$] -1,365,012,419 -6,541,879,863
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 Sri Lanka
Position in the ranking of countries
Unemployment [%] 7.51 5.24
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 Sri Lanka
Position in the ranking of countries
Population 1,884,490 22,156,000
Percentage of the other

Population growth (annual %)

Density

Gender

Demography