Latvia vs India
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Latvia | India | Year |
|---|---|---|---|
| GDP (nominal) | $43.68B | $3.91T | 2024 |
| GDP per capita | $23,409 | $2,695 | 2024 |
| Population | 1.9M | 1.45B | 2024 |
| GDP growth rate | -0.05% | 6.49% | 2024 |
| Inflation rate | 1.27% | 4.95% | 2024 |
| Unemployment rate | 6.57% | 4.22% | 2025 |
| Life expectancy | 75.7 years | 72.0 years | 2023 |
| Surface area (sq. km) | 64,590 km2 | 3,287,260 km2 | 2023 |
Latvia vs India: Analysis
India has a larger economy than Latvia, with a nominal GDP roughly 89.5 times greater based on 2024 data. Latvia recorded a GDP of $43.68B, while India stood at $3.91T.
In terms of GDP per capita, Latvia leads over India. Latvia has a per capita output of $23,409, compared to $2,695 for India.
India has a larger population than Latvia. Latvia is home to approximately 1.9M people, while India has about 1.45B.
By surface area, India is the larger country. Latvia covers 64,590 km2, and India spans 3,287,260 km2.
Life expectancy is higher in Latvia: 75.7 years in Latvia versus 72.0 years in India. India has the lower unemployment rate (Latvia: 6.57%, India: 4.22%). Inflation stands at 1.27% in Latvia and 4.95% in India.
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 India?
India has the larger GDP. Latvia has a GDP of $43.68B (2024), while India has $3.91T (2024). Source: World Bank.
What is the population difference between Latvia and India?
The population difference is approximately 1.45B. Latvia has 1.9M people (2024), and India has 1.45B (2024). Source: World Bank.
Is Latvia richer than India?
By GDP per capita, Latvia is wealthier. Latvia has a GDP per capita of $23,409 (2024), compared to $2,695 for India (2024). Source: World Bank.
Which country has higher life expectancy, Latvia or India?
Latvia has higher life expectancy. Latvia: 75.7 years (2023), India: 72.0 years (2023). Source: World Bank.
Which country is bigger, Latvia or India?
India is larger by area. Latvia covers 64,590 km2, while India covers 3,287,260 km2. Source: World Bank.