Which has a higher GDP, Armenia or Latvia?

Latvia has a higher GDP. Armenia: $27.9B. Latvia: $47.9B (2025).

How does Armenia's GDP per capita compare to Latvia?

Latvia has a higher GDP per capita. Armenia: $8,969. Latvia: $25,630 (2025).

Is Armenia's population larger than Latvia?

Armenia has a higher population. Armenia: 3.0M. Latvia: 1.9M (2025).

Which country has higher inflation, Armenia or Latvia?

Latvia has a higher inflation rate. Armenia: 3.33%. Latvia: 3.76% (2025).

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Armenia vs Latvia

Side-by-side comparison

Indicator	Armenia	Latvia
GDP per Capita	$8,969	$25,630
GDP Growth	4.80%	1.03%
Inflation Rate	3.33%	3.76%
Population	3.0M	1.9M
Unemployment Rate	12.87%	6.57%

Armenia vs Latvia: Key Differences

Latvia's gdp per capita ($25,630) is 2.9x higher than Armenia's ($8,969) as of 2025. Armenia's gdp growth (4.80%) is 4.7x higher than Latvia's (1.03%) as of 2025. Latvia has a 13% higher inflation rate (3.76%) compared to Armenia (3.33%). Armenia's population (3.0M) is 1.6x higher than Latvia's (1.9M) as of 2025. Armenia's unemployment rate (12.87%) is 2.0x higher than Latvia's (6.57%) as of 2025.

Armenia Latvia Reverse comparison