Which has a higher GDP, Latvia or Monaco?

Latvia has a higher GDP. Latvia: $47.9B. Monaco: $11.1B (2025).

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

Monaco has a higher GDP per capita. Latvia: $25,630. Monaco: $288,001 (2025).

Is Latvia's population larger than Monaco?

Latvia has a higher population. Latvia: 1.9M. Monaco: 39,096 (2025).

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Latvia vs Monaco

Side-by-side comparison

Indicator	Latvia	Monaco
GDP per Capita	$25,630	$288,001
GDP Growth	1.03%	8.51%
Inflation Rate	3.76%	-
Population	1.9M	39,096
Unemployment Rate	6.57%	-

Latvia vs Monaco: Key Differences

Monaco's gdp per capita ($288,001) is 11.2x higher than Latvia's ($25,630) as of 2025. Monaco's gdp growth (8.51%) is 8.3x higher than Latvia's (1.03%) as of 2025. Latvia's population (1.9M) is 47.6x higher than Monaco's (39,096) as of 2025.

Latvia Monaco Reverse comparison