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Latvia vs Mongolia

Side-by-side comparison
vs
IndicatorLatviaMongolia
GDP per Capita $25,630 $7,005
GDP Growth 1.03% 5.50%
Inflation Rate 3.76% 8.27%
Population 1.9M 3.6M
Unemployment Rate 6.57% 5.23%

Latvia vs Mongolia: Key Differences

Latvia's gdp per capita ($25,630) is 3.7x higher than Mongolia's ($7,005) as of 2025. Mongolia's gdp growth (5.50%) is 5.3x higher than Latvia's (1.03%) as of 2025. Mongolia's inflation rate (8.27%) is 2.2x higher than Latvia's (3.76%) as of 2025. Mongolia's population (3.6M) is 1.9x higher than Latvia's (1.9M) as of 2025. Latvia has a 26% higher unemployment rate (6.57%) compared to Mongolia (5.23%).

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