Iceland vs Latvia
vs
| Indicator | Iceland | Latvia |
|---|---|---|
| GDP per Capita | $98,150 | $25,630 |
| GDP Growth | 1.43% | 1.03% |
| Inflation Rate | 4.22% | 3.76% |
| Population | 394,600 | 1.9M |
| Unemployment Rate | 3.63% | 6.57% |
Iceland vs Latvia: Key Differences
Iceland's gdp per capita ($98,150) is 3.8x higher than Latvia's ($25,630) as of 2025. Iceland has a 39% higher gdp growth (1.43%) compared to Latvia (1.03%). Iceland has a 12% higher inflation rate (4.22%) compared to Latvia (3.76%). Latvia's population (1.9M) is 4.7x higher than Iceland's (394,600) as of 2025. Latvia's unemployment rate (6.57%) is 1.8x higher than Iceland's (3.63%) as of 2025.