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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Latvia & Turkey

Latvia Flag svg Turkey Flag svg

Latvia vs Turkey

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Latvia Turkey
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World Rank 137 1.63 World Rank 21 6.32
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 Republic of Turkey is a nation located in two continents, namely Asia and Europe. Being a transcontinental country, it is bordered by such European nations such as Greece and Bulgaria, as well as states located in Western Asia, including Georgia, Armenia, Azerbaijan, Iran, Iraq, and Syria. As a result, it has a large number of bordering nations. Although it is Istanbul which is the largest city, its capital is Ankara. More about Turkey

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Latvia Turkey
Position in the ranking of countries
GDP [US$] 39,853,501,579 819,035,182,929
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 Turkey
Position in the ranking of countries
GNI [US$] 39,119,352,197 807,006,172,670
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 Turkey
Position in the ranking of countries
External balance [US$] -1,365,012,419 -1,874,728,532
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 Turkey
Position in the ranking of countries
Unemployment [%] 7.51 11.98
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 Turkey
Position in the ranking of countries
Population 1,884,490 84,775,404
Percentage of the other

Population growth (annual %)

Density

Gender

Demography