Which has a higher GDP, Monaco or Latvia?

Latvia has a higher GDP. Monaco: $11.1B. Latvia: $47.9B (2024).

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

Monaco has a higher GDP per capita. Monaco: $288,001. Latvia: $25,630 (2024).

Is Monaco's population larger than Latvia?

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

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Monaco vs Latvia

Side-by-side comparison

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

Monaco vs Latvia: Key Differences

Monaco's gdp per capita ($288,001) is 11.2x higher than Latvia's ($25,630) as of 2024. Monaco's gdp growth (8.51%) is 8.3x higher than Latvia's (1.03%) as of 2024. Latvia's population (1.9M) is 47.6x higher than Monaco's (39,096) as of 2025.

Monaco Latvia Reverse comparison