SmartCountry

EUG20



country comparison Sweden Latvia
Economy reference country country to compare
Domestic Economy
GDP at Purchasing Power 337.89 bil. PPP$ 31.17 bil. PPP$
GDP per Capita at Purchasing Power 36,502.70 PPP$ 13,834 PPP$
GDP in local currency Mrd. 838.56 bil. Swedish kronor pro Quartal 3.14 bil. Latvian lats pro Quartal
GDP Growth y.o.y.% 5.99% p.a. -5.91% p.a.
Consumption Expenditures per Quarter 399.98 bil. Swedish kronor 1.98 bil. Latvian lats
Consumption as % of GDP 47.70% 62.86%
Gross Capital Formation 157.11 Swedish kronor per Quarter 0.46 Latvian lats per Quarter
Gross Capital Formation as % of GDP 18.74% 14.77%
Government Consumption 227.33 bil. Swedish kronor per Quarter 0.56 bil. Latvian lats per Quarter
Government Consumption as % of GDP 27.11% 17.86%
Inflation 0.69% p.a. -0.15% p.a.
Unemployment Rate 9.27% 20.40%
International Trade
Exports 423.06 bil Swedish kronor per quarter 1.64 bil Latvian lats per quarter
Exports as % of GDP 50.45% 52.20%
Net exports in local currency 54.48 bil. Swedish kronor per Quarter 0.02 bil. Latvian lats per Quarter
Trade Balance in USD 2.79 bil. $ -0.31 bil. $
Current Account in USD 8.84 bil. $ per Quarter 0.34 bil. $ per Quarter
Foreign Assets 1,115.63 bil. $ 24.26 bil. $
Foreign Liabilities 1,217.59 bil. $ 42.65 bil. $
Net Investment Position -101.96 bil. $ -18.39 bil. $

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