country comparison Ireland - Latvia: Economy

country comparison	Ireland	Latvia
Economy	reference country	country to compare

Domestic Economy
GDP at Purchasing Power	173.54 bil. PPP$	31.17 bil. PPP$
GDP per Capita at Purchasing Power	39,009.10 PPP$	13,834 PPP$
GDP in local currency Mrd.	38.75 bil. euros pro Quartal	3.14 bil. Latvian lats pro Quartal
GDP Growth y.o.y.%	-4.37% p.a.	-5.91% p.a.
Consumption Expenditures per Quarter	20.22 bil. euros	1.98 bil. Latvian lats
Consumption as % of GDP	52.17%	62.86%
Gross Capital Formation	4.88 euros per Quarter	0.46 Latvian lats per Quarter
Gross Capital Formation as % of GDP	12.59%	14.77%
Government Consumption	6.70 bil. euros per Quarter	0.56 bil. Latvian lats per Quarter
Government Consumption as % of GDP	17.29%	17.86%
Inflation	-0.84% p.a.	-0.15% p.a.
Unemployment Rate	12.90%	20.40%
International Trade
Exports	37.40 bil euros per quarter	1.64 bil Latvian lats per quarter
Exports as % of GDP	96.50%	52.20%
Net exports in local currency	7.45 bil. euros per Quarter	0.02 bil. Latvian lats per Quarter
Trade Balance in USD	12.99 bil. $	-0.31 bil. $
Current Account in USD	-2.25 bil. $ per Quarter	0.34 bil. $ per Quarter
Foreign Assets	3,053.52 bil. $	24.26 bil. $
Foreign Liabilities	3,201.33 bil. $	42.65 bil. $
Net Investment Position	-147.81 bil. $	-18.39 bil. $