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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & Sweden

Latvia Flag svg Sweden Flag svg

Latvia vs Sweden

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Latvia Sweden
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World Rank 114 1.74 World Rank 33 4.52
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 Sweden is the Kingdom of Sweden. It is one of the Nordic countries with the capital in Stockholm. They cover most of Scandinavia and, as a result, they are the third largest nation in the European Union. They border Norway, Finland, and Denmark by a bridge-tunnel path across the Oresund Strait. More about Sweden

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Sweden
Position in the ranking of countries
GDP [US$] 42,247,850,064 584,960,475,767
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 Sweden
Position in the ranking of countries
GNI [US$] 43,719,961,550 606,603,219,320
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 Sweden
Position in the ranking of countries
External balance [US$] -1,579,771,309 23,264,867,809
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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(Eswatini)

Latvia Sweden
Position in the ranking of countries
Unemployment [%] 6.72 8.53
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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(India)

Latvia Sweden
Position in the ranking of countries
Population 1,877,445 10,536,632
Percentage of the other

Population growth (annual %)

Density

Gender

Demography