Latvia vs United States
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Latvia | United States | Year |
|---|---|---|---|
| GDP (nominal) | $43.68B | $28.75T | 2024 |
| GDP per capita | $23,409 | $84,534 | 2024 |
| Population | 1.9M | 340.1M | 2024 |
| GDP growth rate | -0.05% | 2.79% | 2024 |
| Inflation rate | 1.27% | 2.95% | 2024 |
| Unemployment rate | 6.57% | 4.20% | 2025 |
| Life expectancy | 75.7 years | 78.4 years | 2023 |
| Surface area (sq. km) | 64,590 km2 | 9,831,510 km2 | 2023 |
Latvia vs United States: Analysis
United States has a larger economy than Latvia, with a nominal GDP roughly 658.2 times greater based on 2024 data. Latvia recorded a GDP of $43.68B, while United States stood at $28.75T.
In terms of GDP per capita, United States leads over Latvia. Latvia has a per capita output of $23,409, compared to $84,534 for United States.
United States has a larger population than Latvia. Latvia is home to approximately 1.9M people, while United States has about 340.1M.
By surface area, United States is the larger country. Latvia covers 64,590 km2, and United States spans 9,831,510 km2.
Life expectancy is higher in United States: 75.7 years in Latvia versus 78.4 years in United States. United States has the lower unemployment rate (Latvia: 6.57%, United States: 4.20%). Inflation stands at 1.27% in Latvia and 2.95% in United States.
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 United States?
United States has the larger GDP. Latvia has a GDP of $43.68B (2024), while United States has $28.75T (2024). Source: World Bank.
What is the population difference between Latvia and United States?
The population difference is approximately 338.2M. Latvia has 1.9M people (2024), and United States has 340.1M (2024). Source: World Bank.
Is Latvia richer than United States?
By GDP per capita, United States is wealthier. Latvia has a GDP per capita of $23,409 (2024), compared to $84,534 for United States (2024). Source: World Bank.
Which country has higher life expectancy, Latvia or United States?
United States has higher life expectancy. Latvia: 75.7 years (2023), United States: 78.4 years (2023). Source: World Bank.
Which country is bigger, Latvia or United States?
United States is larger by area. Latvia covers 64,590 km2, while United States covers 9,831,510 km2. Source: World Bank.