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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Thailand

Latvia Flag svg Thailand Flag svg

Latvia vs Thailand

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Latvia Thailand
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World Rank 137 1.63 World Rank 41 3.74
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 Kingdom of Thailand was earlier on known as Siam. It is a nation that plays a crucial role in Southeast Asia where it is located. Since it is at the centre of the Indochinese Peninsula, it is bordered by many different nations, including Myanmar, Laos, Cambodia and Malaysia. Interestingly, they also share maritime borders with Vietnam, Indonesia, and India. It is important to know that in spite of being a constitutional monarchy, there have been several coups and periods of dictatorships enforced by military groups. More about Thailand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Thailand
Position in the ranking of countries
GDP [US$] 39,853,501,579 505,947,037,098
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 Thailand
Position in the ranking of countries
GNI [US$] 39,119,352,197 488,545,959,452
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 Thailand
Position in the ranking of countries
External balance [US$] -1,365,012,419 -1,212,617,779
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 Thailand
Position in the ranking of countries
Unemployment [%] 7.51 0.99
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 Thailand
Position in the ranking of countries
Population 1,884,490 71,601,103
Percentage of the other

Population growth (annual %)

Density

Gender

Demography