Latvia vs Japan
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Latvia | Japan | Year |
|---|---|---|---|
| GDP (nominal) | $43.68B | $4.03T | 2024 |
| GDP per capita | $23,409 | $32,487 | 2024 |
| Population | 1.9M | 124.0M | 2024 |
| GDP growth rate | -0.05% | 0.10% | 2024 |
| Inflation rate | 1.27% | 2.74% | 2024 |
| Unemployment rate | 6.57% | 2.45% | 2025 |
| Life expectancy | 75.7 years | 84.0 years | 2023 |
| Surface area (sq. km) | 64,590 km2 | 377,969 km2 | 2023 |
Latvia vs Japan: Analysis
Japan has a larger economy than Latvia, with a nominal GDP roughly 92.2 times greater based on 2024 data. Latvia recorded a GDP of $43.68B, while Japan stood at $4.03T.
In terms of GDP per capita, Japan leads over Latvia. Latvia has a per capita output of $23,409, compared to $32,487 for Japan.
Japan has a larger population than Latvia. Latvia is home to approximately 1.9M people, while Japan has about 124.0M.
By surface area, Japan is the larger country. Latvia covers 64,590 km2, and Japan spans 377,969 km2.
Life expectancy is higher in Japan: 75.7 years in Latvia versus 84.0 years in Japan. Japan has the lower unemployment rate (Latvia: 6.57%, Japan: 2.45%). Inflation stands at 1.27% in Latvia and 2.74% in Japan.
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 Japan?
Japan has the larger GDP. Latvia has a GDP of $43.68B (2024), while Japan has $4.03T (2024). Source: World Bank.
What is the population difference between Latvia and Japan?
The population difference is approximately 122.1M. Latvia has 1.9M people (2024), and Japan has 124.0M (2024). Source: World Bank.
Is Latvia richer than Japan?
By GDP per capita, Japan is wealthier. Latvia has a GDP per capita of $23,409 (2024), compared to $32,487 for Japan (2024). Source: World Bank.
Which country has higher life expectancy, Latvia or Japan?
Japan has higher life expectancy. Latvia: 75.7 years (2023), Japan: 84.0 years (2023). Source: World Bank.
Which country is bigger, Latvia or Japan?
Japan is larger by area. Latvia covers 64,590 km2, while Japan covers 377,969 km2. Source: World Bank.