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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Latvia & Tonga

Latvia Flag svg Tonga Flag svg

Latvia vs Tonga

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Latvia Tonga
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World Rank 114 1.74 World Rank
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 Tonga, also known as the Kingdom of Tonga, is a Polynesian country and archipelago which consists of 169 islands. Only 36 of them are inhabited. The total size of this unique archipelago comes to about 750 square kilometres. Its entire population equals 100,651 people. Interestingly, around 70% of all the inhabitants reside on Tongatapu which is the main island. There are two major languages spoken which are English and Tongan. More about Tonga

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Tonga
Position in the ranking of countries
GDP [US$] 42,247,850,064 518,180,042
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 Tonga
Position in the ranking of countries
GNI [US$] 43,719,961,550 543,800,039
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 Tonga
Position in the ranking of countries
External balance [US$] -1,579,771,309 -270,468,990
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 Tonga
Position in the ranking of countries
Unemployment [%] 6.72 2.19
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 Tonga
Position in the ranking of countries
Population 1,877,445 104,597
Percentage of the other

Population growth (annual %)

Density

Gender

Demography