Latvia vs Germany
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Latvia | Germany | Year |
|---|---|---|---|
| GDP (nominal) | $43.68B | $4.69T | 2024 |
| GDP per capita | $23,409 | $56,104 | 2024 |
| Population | 1.9M | 83.5M | 2024 |
| GDP growth rate | -0.05% | -0.50% | 2024 |
| Inflation rate | 1.27% | 2.26% | 2024 |
| Unemployment rate | 6.57% | 3.71% | 2025 |
| Life expectancy | 75.7 years | 80.5 years | 2023 |
| Surface area (sq. km) | 64,590 km2 | 357,680 km2 | 2023 |
Latvia vs Germany: Analysis
Germany has a larger economy than Latvia, with a nominal GDP roughly 107.3 times greater based on 2024 data. Latvia recorded a GDP of $43.68B, while Germany stood at $4.69T.
In terms of GDP per capita, Germany leads over Latvia. Latvia has a per capita output of $23,409, compared to $56,104 for Germany.
Germany has a larger population than Latvia. Latvia is home to approximately 1.9M people, while Germany has about 83.5M.
By surface area, Germany is the larger country. Latvia covers 64,590 km2, and Germany spans 357,680 km2.
Life expectancy is higher in Germany: 75.7 years in Latvia versus 80.5 years in Germany. Germany has the lower unemployment rate (Latvia: 6.57%, Germany: 3.71%). Inflation stands at 1.27% in Latvia and 2.26% in Germany.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Latvia or Germany?
Germany has the larger GDP. Latvia has a GDP of $43.68B (2024), while Germany has $4.69T (2024). Source: World Bank.
What is the population difference between Latvia and Germany?
The population difference is approximately 81.7M. Latvia has 1.9M people (2024), and Germany has 83.5M (2024). Source: World Bank.
Is Latvia richer than Germany?
By GDP per capita, Germany is wealthier. Latvia has a GDP per capita of $23,409 (2024), compared to $56,104 for Germany (2024). Source: World Bank.
Which country has higher life expectancy, Latvia or Germany?
Germany has higher life expectancy. Latvia: 75.7 years (2023), Germany: 80.5 years (2023). Source: World Bank.
Which country is bigger, Latvia or Germany?
Germany is larger by area. Latvia covers 64,590 km2, while Germany covers 357,680 km2. Source: World Bank.