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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Tanzania

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Latvia vs Tanzania

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Latvia Tanzania
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World Rank 137 1.63 World Rank 55 2.91
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 Tanzania is officially named the United Republic of Tanzania. It’s located in East Africa within the region of the African Great Lakes. It is bordered by Uganda, Kenya, Mozambique, Malawi, Zambia, Rwanda, Burundi as well as the Democratic Republic of the Congo. To the east, it is surrounded by the Comoro Islands and the Indian Ocean. The highest mountain of the entire continent of Africa, Mount Kilimanjaro, is located there in Tanzania.  More about Tanzania

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Tanzania
Position in the ranking of countries
GDP [US$] 39,853,501,579 67,841,049,193
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 Tanzania
Position in the ranking of countries
GNI [US$] 39,119,352,197 67,628,157,576
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 Tanzania
Position in the ranking of countries
External balance [US$] -1,365,012,419 -1,846,309,092
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 Tanzania
Position in the ranking of countries
Unemployment [%] 7.51 2.74
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 Tanzania
Position in the ranking of countries
Population 1,884,490 63,588,334
Percentage of the other

Population growth (annual %)

Density

Gender

Demography