The DR Congo vs Latvia: Economic Indicators Comparison
The DR Congo with a GDP of $47.2B ranked the 87th largest economy in the world, while Latvia ranked 100th with $34.4B. By GDP 5-years average growth and GDP per capita, the DR Congo and Latvia ranked 30th vs 74th and 188th vs 51st, respectively.
Gross Domestic Product & Income
| Stat |  DR Congo |  Latvia |
|---|---|---|
| GDP | $47.2B | $34.4B |
| GDP growth, 1 year | 3.9% | 4.8% |
| GDP growth, 5-years average | 5.2% | 3.3% |
| Population | 86.8M | 1.9M |
| GDP per capita | $562 | $18k |
| GDP per capita growth | 2.4% | 5.47% |
| Purchasing Power Parity conversion factor | 977.82 | 0.5 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.6 | 0.59 |
| GDP per capita, PPP adjusted | $767 | $30k |
| GNI, Atlas method | $41.5B | $31.8B |
| GNI per capita | $490 | $17k |
| GNI, PPP adjusted | $75.6B | $57.4B |
| GNI per capita, PPP adjusted | $900 | $30k |
Financial system and Human development
| Stat | DR Congo | Latvia |
|---|---|---|
| Income Tax Rate | 30% | 31.4% |
| Corporate Tax Rate | 40% | 20% |
| Inflation, consumer prices | 29.3% | 2.6% |
| Inflation, GDP deflator | 30.1% | 4% |
| Unemployment | 4.2% | 7.9% |
| Economic Freedom Index | 49.5 | 71.9 |
| Personal Freedom Index | 5.46 | 8.65 |
| Human Freedom Index | 5.27 | 8.16 |
| Property Rights Index | 30.1 | 72.3 |
| Judical Effectiveness Index | 26.5 | 51.1 |
| Business Freedom Index | 51.2 | 77 |
| Fiscal Health Index | 98 | 96.5 |
| Labor Freedom Index | 41.6 | 72.4 |
| Investment Freedom Index | 30 | 85 |
| Financial Freedom Index | 20 | 60 |
| Trade Freedom Index | 64.6 | 86.4 |
| Monetary Freedom Index | 49.6 | 80.2 |
| Government Spending Index | 95.4 | 58.3 |
| Tax Burden Index | 74.4 | 76.9 |
| Government Integrity Index | 13.1 | 46.4 |
| Corruption Perceptions Index | 20 | 58 |
| Life expectancy at birth, years | 60 | 74.7 |
| Suicide mortality rate, per 100,000 people | 5.7 | 21.2 |
| Mortality caused by road traffic injury, per 100,000 people | 33.7 | 9.3 |
| Intentional homicides, per 100,000 people | 13.6 | 4.2 |
| International tourism, number of arrivals | 351k | 1.9M |
Government debt & reserves
| Stat | DR Congo | Latvia |
|---|---|---|
| Central government debt, % of GDP | 15.7% | 37.6% |
| External debt stocks, % of GNI | 10.9% | N/A |
| External debt stocks | $5B | N/A |
| Short-term debt, % of total reserves | 14.6% | N/A |
| Total debt service, % of exports and primary income | 2.4% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | -4.4% | 6% |
| Gross savings, % of GDP | 21.1% | 22.8% |
| Gross capital formation, % of GDP | 25.8% | 23.5% |
| Total reserves including gold | $665.3M | $4.4B |
| Foreign direct investment net inflows | $1.3B | $447M |
Exports, imports and economic structure
| Stat | DR Congo | Latvia |
|---|---|---|
| Exports of goods and services, % of GDP | 33.6% | 61.3% |
| Imports of goods and services, % of GDP | 37.3% | 61.5% |
| Current account balance (balance of payments) | -$2.2B | -$211M |
| Revenue excluding grants, % of GDP | 11.4% | 41.4% |
| Grants excluding technical cooperation, BoP | $2.2B | $148.1M |
| Personal remittances received | $1.8B | $1.2B |
| Industry including construction value added, % of GDP | 44.1% | 19.5% |
| Agriculture, forestry and fishing value added, % of GDP | 19.1% | 3.6% |
| Charges for the use of intellectual property, payments BoP | $10.7M | $64.6M |
| Charges for the use of intellectual property, receipts BoP | $108.5M | $10.6M |
| Expense, % of GDP | 11.5% | 43% |
| Government Expenditure, % of GDP | 12.4% | 37.3% |
