European Union vs Latvia
vs
| Indicator | European Union | Latvia |
|---|---|---|
| GDP per Capita | $43,305 | $25,630 |
| GDP Growth | 1.06% | 1.03% |
| Inflation Rate | 2.44% | 3.76% |
| Population | 450.7M | 1.9M |
| Unemployment Rate | 5.93% | 6.57% |
European Union vs Latvia: Key Differences
European Union's gdp per capita ($43,305) is 1.7x higher than Latvia's ($25,630) as of 2024. European Union has a 4% higher gdp growth (1.06%) compared to Latvia (1.03%). Latvia's inflation rate (3.76%) is 1.5x higher than European Union's (2.44%) as of 2024. European Union's population (450.7M) is 242.1x higher than Latvia's (1.9M) as of 2025. Latvia has a 11% higher unemployment rate (6.57%) compared to European Union (5.93%).