Curacao vs Latvia: Economic Indicators Comparison

Latvia with a GDP of $34.4B ranked the 100th largest economy in the world, while Curacao ranked 166th with $3.1B. By GDP per capita, Latvia and Curacao ranked 51st vs 46th, respectively.

Gross Domestic Product & Income

StatCuracaoLatvia
GDP$3.1B$34.4B
GDP growth, 1 year-2.17%4.8%
GDP growth, 5-years averageN/A3.3%
Population160k1.9M
GDP per capita$20k$18k
GDP per capita growth-1.97%5.47%
Purchasing Power Parity conversion factor1.260.5
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.59
GDP per capita, PPP adjusted$28k$30k
GNI, Atlas method$3.1B$31.8B
GNI per capita$19k$17k
GNI, PPP adjusted$4.5B$57.4B
GNI per capita, PPP adjusted$28k$30k

Financial system and Human development

StatCuracaoLatvia
Income Tax RateN/A31.4%
Corporate Tax RateN/A20%
Inflation, consumer prices1.6%2.6%
Inflation, GDP deflator2.6%4%
Unemployment13.4%7.9%
Economic Freedom Index7871.9
Personal Freedom Index7.38.65
Human Freedom Index7.28.16
Property Rights IndexN/A72.3
Judical Effectiveness IndexN/A51.1
Business Freedom IndexN/A77
Fiscal Health IndexN/A96.5
Labor Freedom IndexN/A72.4
Investment Freedom IndexN/A85
Financial Freedom IndexN/A60
Trade Freedom IndexN/A86.4
Monetary Freedom IndexN/A80.2
Government Spending IndexN/A58.3
Tax Burden IndexN/A76.9
Government Integrity IndexN/A46.4
Corruption Perceptions Index7258
Life expectancy at birth, years7874.7
Suicide mortality rate, per 100,000 people0.521.2
Mortality caused by road traffic injury, per 100,000 people179.3
Intentional homicides, per 100,000 people19.24.2
International tourism, number of arrivals432k1.9M

Government debt & reserves

StatCuracaoLatvia
Central government debt, % of GDPN/A37.6%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A6%
Gross savings, % of GDP22.3%22.8%
Gross capital formation, % of GDPN/A23.5%
Total reserves including goldN/A$4.4B
Foreign direct investment net inflows$126.9M$447M

Exports, imports and economic structure

StatCuracaoLatvia
Exports of goods and services, % of GDP72.2%61.3%
Imports of goods and services, % of GDP85.3%61.5%
Current account balance (balance of payments)-$897.8M-$211M
Revenue excluding grants, % of GDPN/A41.4%
Grants excluding technical cooperation, BoPN/A$148.1M
Personal remittances received$155.3M$1.2B
Industry including construction value added, % of GDP16.8%19.5%
Agriculture, forestry and fishing value added, % of GDP0.4%3.6%
Charges for the use of intellectual property, payments BoP$26.7M$64.6M
Charges for the use of intellectual property, receipts BoP$4.4M$10.6M
Expense, % of GDPN/A43%
Government Expenditure, % of GDPN/A37.3%

Compare with countries close by GDP per capita

Curacao vs

CountryGDP
per capita
Population
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M

Latvia vs

CountryGDP
per capita
Population
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M