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Latvia vs European Union

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IndicatorLatviaEuropean Union
GDP per Capita $25,630 $43,305
GDP Growth 1.03% 1.06%
Inflation Rate 3.76% 2.44%
Population 1.9M 450.7M
Unemployment Rate 6.57% 5.93%

Latvia vs European Union: Key Differences

European Union's gdp per capita ($43,305) is 1.7x higher than Latvia's ($25,630) as of 2025. 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 2025. 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%).

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