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Mongolia vs Latvia

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

Mongolia vs Latvia: 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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