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Latvia vs Serbia statistics compared

Updated on by Georank team

Latvia has a population of 1.87M (ranked 149/197), compared with 6.59M in Serbia (ranked 109/197). Latvia's land area is 24,027 sq mi versus 32,467 sq mi for Serbia (ranked 121st vs. 111th).

By GDP, Latvia ranks 99/197 ($43.7B) and Serbia ranks 76/197 ($90.1B). By GDP per capita, Latvia ranks 54/197 ($23,409), while Serbia ranks 73/197 ($13,679).

Main facts and rankings

Latvia Serbia
Population
1829763
6494521
Population rank 149/197 110/197
GDP
$43.7B
2024
$90.1B
2024
GDP rank 99/197 76/197
GDP per capita
$23,409
2024
$13,679
2024
GDP per capita rank 54/197 73/197
GDP per capita, PPP
$43,394
2024
$32,832
2024
Government debt
$20.4B
2024
$40.1B
2024
Debt-to-GDP ratio
46.8%
2024
44.5%
2024
Government debt per person
$10,945
2024
$6,084
2024
Government debt per person rank 53/185 73/185
Average annual personal income after taxes
$17,033
2026
$12,252
2026
Land area 24,027 sq mi 32,467 sq mi
Population density
76.2 ppl/mi²
2026
200 ppl/mi²
2026
Fertility rate
1.36
2023
1.61
2023
Median age
44.3 years
2024
45.1 years
2024
Life expectancy
76.6 years
2026
77.3 years
2026

Latvia and Serbia: Comparison Charts

Latvia and Serbia economies compared

GDP
Latvia

Serbia
1x
Year GDP
Latvia Serbia
2024 $43,684,254,432 $90,097,765,959
2023 $42,779,550,937 $81,343,999,280
2022 $38,003,198,509 $66,809,895,701
2021 $38,183,326,785 $66,159,884,073
2020 $33,379,927,435 $55,874,017,669
2019 $33,099,503,951 $53,864,693,665
2018 $33,247,935,477 $52,787,520,249
2017 $29,391,059,767 $45,972,834,714
2016 $27,117,105,060 $42,225,495,910
2015 $26,344,565,877 $41,297,410,635
2014 $30,277,203,767 $49,114,321,280
2013 $29,152,128,168 $50,455,529,604
2012 $27,116,149,949 $45,103,269,969
2011 $26,575,547,901 $51,251,098,408
2010 $23,468,324,572 $43,536,629,233
2009 $25,691,530,442 $46,955,984,410
2008 $34,135,200,994 $54,220,641,202
2007 $29,420,499,248 $44,888,028,946
2006 $20,434,922,247 $33,298,057,362
2005 $16,306,935,905 $28,334,256,181
2004 $13,827,070,379 $26,845,632,342
2003 $11,244,337,720 $23,593,044,418
2002 $9,249,030,241 $17,930,583,571
2001 $8,190,888,740 $13,599,378,662
2000 $7,761,252,607 $7,326,373,882
1999 $7,324,192,890 $20,878,694,851
1998 $6,974,112,951 $21,004,077,441
1997 $6,349,481,007 $27,153,408,995
1996 $5,799,465,288 $23,277,430,168
1995 $5,608,208,785 $17,921,892,655

Data sources: World Bank | Economy & Growth (1995–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/serbia | CC BY

Latvia and Serbia economies compared

GDP per capita
Latvia

Serbia
1x
Year GDP per capita
Latvia Serbia
2024 $23,409 $13,679
2023 $22,710 $12,282
2022 $20,221 $10,025
2021 $20,262 $9,681
2020 $17,564 $8,099
2019 $17,295 $7,756
2018 $17,252 $7,560
2017 $15,132 $6,548
2016 $13,839 $5,982
2015 $13,322 $5,820
2014 $15,186 $6,887
2013 $14,484 $7,040
2012 $13,329 $6,263
2011 $12,903 $7,082
2010 $11,188 $5,971
2009 $11,996 $6,414
2008 $15,678 $7,377
2007 $13,371 $6,081
2006 $9,212 $4,493
2005 $7,284 $3,808
2004 $6,110 $3,597
2003 $4,915 $3,154
2002 $4,004 $2,391
2001 $3,505 $1,812
2000 $3,278 $975
1999 $3,064 $2,769
1998 $2,894 $2,775
1997 $2,610 $3,574
1996 $2,360 $3,054
1995 $2,257 $2,349

Data sources: World Bank | Economy & Growth (1995–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/serbia | CC BY

Latvia vs. Serbia life expectancy calculator

Life expectancy
Latvia

Serbia
1x
Year Life expectancy, years
Latvia Serbia
2026 76.6 77.3
2025 76.5 77.1
2024 76.3 76.9
2023 76.2 76.8
2022 74.9 75.5
2021 73.2 72.9
2020 75.5 74.5
2019 75.6 76.1
2018 75 76
2017 74.8 75.8
2016 74.8 75.7
2015 74.7 75.7
2014 74.3 75.5
2013 74.2 75.3
2012 73.9 75.1
2011 73.7 74.7
2010 73 74.4
2009 72.7 74.1
2008 72 73.9
2007 70.8 73.7
2006 70.6 73.4
2005 70.6 73.1
2004 70.9 72.9
2003 70.6 72.7
2002 70.2 72.6
2001 69.9 72.3
2000 70.2 72.3
1999 69.6 70
1998 68.9 72.3
1997 69.2 72.9
1996 68.6 72.9
1995 66 72.7
1994 65.2 72.3
1993 66.6 71.9
1992 68.5 71.6
1991 69.2 71.9
1990 69.5 72.2
1989 70.4 72.3
1988 70.9 72
1987 71 71.9
1986 71 71.6
1985 69.6 71.4
1984 69.4 71.2
1983 69.4 71.1
1982 69.6 71
1981 69.1 71.1
1980 69.1 71.1
1979 68.8 71.2
1978 69.3 71.4
1977 69.4 71.8
1976 69.4 71.9
1975 69.3 71.6
1974 70.1 71.1
1973 70.2 70.5
1972 70.3 70
1971 70.6 69.7
1970 70.2 69.7
1969 70.2 70
1968 70.5 70.1
1967 70.9 70.1
1966 71.2 69.4
1965 71.2 68.7
1964 71.5 68
1963 70.3 67.4
1962 69.9 67
1961 70.5 66.3
1960 70.3 65.7
1959 69.5 65.2
1958 68.9 64.3
1957 68.3 63.2
1956 67.6 61.9
1955 67.1 61.3
1954 66.7 60.7
1953 66.2 59.8
1952 65.7 57.4
1951 65.2 55.6
1950 64.6 55.1

Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).

GeoRank.org/facts/latvia/serbia | CC BY

Latvia and Serbia population clocks and comparison

Population
Latvia

Serbia
1x
Year Population
Latvia Serbia
2024 1,866,124 6,586,476
2023 1,883,710 6,623,183
2022 1,879,383 6,664,449
2021 1,884,490 6,834,326
2020 1,900,449 6,899,126
2019 1,913,822 6,945,235
2018 1,927,174 6,982,604
2017 1,942,248 7,020,858
2016 1,959,537 7,058,322
2015 1,977,527 7,095,383
2014 1,993,782 7,131,787
2013 2,012,647 7,166,553
2012 2,034,319 7,201,497
2011 2,059,709 7,236,519
2010 2,097,555 7,291,436
2009 2,141,669 7,320,807
2008 2,177,322 7,350,222
2007 2,200,325 7,381,579
2006 2,218,357 7,411,569
2005 2,238,799 7,440,769
2004 2,263,122 7,463,157
2003 2,287,955 7,480,591
2002 2,310,173 7,500,031
2001 2,337,170 7,503,433
2000 2,367,550 7,516,346
1999 2,390,482 7,540,401
1998 2,410,019 7,567,745
1997 2,432,851 7,598,538
1996 2,457,222 7,622,185
1995 2,485,056 7,628,264
1994 2,520,742 7,622,711
1993 2,563,290 7,614,328
1992 2,614,338 7,604,063
1991 2,650,581 7,595,636
1990 2,663,151 7,897,937
1989 2,666,955 7,893,787
1988 2,653,434 7,884,218
1987 2,626,583 7,868,027
1986 2,599,892 7,853,824
1985 2,578,873 7,835,902
1984 2,562,047 7,813,549
1983 2,546,011 7,788,100
1982 2,531,080 7,763,335
1981 2,519,421 7,736,787
1980 2,511,701 7,709,544
1979 2,505,953 7,541,997
1978 2,497,921 7,504,017
1977 2,485,073 7,462,783
1976 2,470,989 7,418,973
1975 2,456,130 7,368,717
1974 2,437,186 7,326,043
1973 2,415,819 7,283,902
1972 2,395,674 7,252,012
1971 2,376,389 7,211,716
1970 2,359,164 7,164,993
1969 2,343,173 7,123,249
1968 2,323,619 7,007,586
1967 2,301,220 6,966,522
1966 2,283,217 6,927,969
1965 2,265,919 6,876,624
1964 2,240,623 6,832,855
1963 2,210,919 6,787,950
1962 2,181,586 6,740,264
1961 2,152,681 6,689,077
1960 2,120,979 6,638,992

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/serbia | CC BY

Fertility rates in Latvia and Serbia

Fertility rate
Latvia

Serbia
1x
Year Fertility rate
Latvia Serbia
2023 1.36 1.61
2022 1.47 1.59
2021 1.57 1.52
2020 1.55 1.48
2019 1.61 1.52
2018 1.6 1.49
2017 1.69 1.49
2016 1.74 1.46
2015 1.7 1.46
2014 1.65 1.46
2013 1.52 1.43
2012 1.44 1.45
2011 1.33 1.4
2010 1.36 1.4
2009 1.46 1.44
2008 1.58 1.4
2007 1.54 1.38
2006 1.46 1.43
2005 1.39 1.45
2004 1.29 1.57
2003 1.32 1.59
2002 1.26 1.57
2001 1.22 1.58
2000 1.25 1.48
1999 1.16 1.35
1998 1.09 1.37
1997 1.11 1.4
1996 1.16 1.44
1995 1.25 1.47
1994 1.39 1.51
1993 1.51 1.54
1992 1.73 1.57
1991 1.86 1.61
1990 2.02 1.65
1989 2.05 1.69
1988 2.11 1.72
1987 2.15 1.75
1986 2.12 1.78
1985 2.08 1.8
1984 2.09 1.81
1983 2.07 1.83
1982 1.97 1.84
1981 1.88 1.85
1980 1.86 1.86
1979 1.87 1.88
1978 1.87 1.89
1977 1.89 1.9
1976 1.93 1.91
1975 1.96 1.92
1974 1.97 1.93
1973 1.98 1.94
1972 2 1.95
1971 2 1.96
1970 1.96 1.97
1969 1.88 1.99
1968 1.83 2.01
1967 1.8 2.02
1966 1.76 2.04
1965 1.74 2.06
1964 1.79 2.07
1963 1.85 2.08
1962 1.91 2.11
1961 1.94 2.13
1960 1.94 2.15

Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06).

GeoRank.org/facts/latvia/serbia | CC BY

Latvia and Serbia demographics compared

Median age
Latvia

Serbia
1x
Year Median age, years
Latvia Serbia
2024 44.3 45.1
2023 44.1 44.9
2022 44 44.7
2021 43.9 44.5
2020 43.8 44.4
2019 43.6 44.2
2018 43.4 44
2017 43.2 43.7
2016 43 43.5
2015 42.8 43.3
2014 42.5 43
2013 42.3 42.8
2012 42 42.6
2011 41.6 42.4
2010 41.1 42.1
2009 40.5 41.9
2008 40.1 41.7
2007 39.9 41.5
2006 39.7 41.3
2005 39.4 41.1
2004 39.2 40.9
2003 38.9 40.7
2002 38.6 40.5
2001 38.3 40.3
2000 37.9 40.1
1999 37.6 39.8
1998 37.3 39.5
1997 36.9 39.2
1996 36.6 38.9
1995 36.2 38.5
1994 36 38.2
1993 35.6 37.8
1992 35.2 37.5
1991 34.8 37.1
1990 34.6 36.8
1989 34.5 36.5
1988 34.6 36.1
1987 34.6 35.7
1986 34.7 35.4
1985 34.7 35
1984 34.7 34.7
1983 34.6 34.4
1982 34.7 34.1
1981 34.8 33.9
1980 34.9 33.8
1979 35.1 33.7
1978 35.1 33.5
1977 35.1 33.4
1976 35 33.2
1975 34.9 33
1974 34.7 32.8
1973 34.6 32.7
1972 34.5 32.5
1971 34.3 32.2
1970 34.2 32
1969 34.1 31.7
1968 34 31.4
1967 33.8 31.1
1966 33.5 30.8
1965 33.2 30.5
1964 33 30.2
1963 32.8 29.8
1962 32.6 29.4
1961 32.4 29.1
1960 32.3 28.7

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/serbia | CC BY

Interactive Maps

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National statistics comparison

Finance

Latvia Serbia
GNI, Atlas method
$40.4B
2024
$76.5B
2024
Government expenditure, % of GDP
44.5%
2024
42.7%
2024
Education expenditure, % of GDP
4.32%
2022
3.4%
2023
Military expenditure, % of GDP
3.26%
2024
2.6%
2024
Armed forces personnel
9,000
2020
32,000
2020
Deficit/surplus, % of GDP
-1.82%
2024
-1.75%
2024
Unemployment rate
6.88%
2024
7.24%
2024
Services, % of GDP
64.6%
2024
58.8%
2024
Industry, % of GDP
18.5%
2024
23.1%
2024
Economic freedom index
71.6
2026
65
2026
Income share by richest 10%
26.2%
2023
24.7%
2022
Income share by poorest 10%
2.6%
2023
2.4%
2022
Listed domestic companies
56
2003
n/a
Market capitalization of domestic companies n/a
$4.06B
2011
Total reserves including gold
$5.14B
2024
$30.5B
2024
Personal remittances received
$1.34B
2024
$5.76B
2024
International tourist arrivals
3,204,000
2020
446,000
2020
International tourism as share of exports
7.25%
2007
5.58%
2020
Banked people share
95%
2024
83.3%
2024

Energy

Latvia Serbia
Energy use, kg of oil equivalent per capita
2,240 kg
2023
2,378 kg
2023
GDP PPP per kg equivalent of energy use
$19
2023
$12.5
2023
Carbon dioxide (CO2) emissions
6.81 megatons
2024
n/a
CO2 emissions per capita
3.65 tons
2024
n/a
Fossil fuel energy use share
47.8%
2023
83%
2022
Renewable energy use share
44%
2021
27.2%
2021
Alternative and nuclear energy use share
8.79%
2023
7.3%
2023
Net energy imports use share
34.3%
2023
42.6%
2023
Electric power consumption per capita
3,617 kWh
2023
5,090 kWh
2023
Renewable electricity output share
63.6%
2021
35%
2021
Hydroelectric share
59.4%
2023
32.7%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Latvia Serbia
% of world population
0.02%
2024
0.08%
2024
Annual migration change
-7,330
2025
-13,086
2025
Urban population
68.5%
2024
62.4%
2024
Male:Female ratio
46.4:53.6
2024
47.4:52.6
2024
Average male height
5.94 ft
2025
5.93 ft
2025
Average female height
5.54 ft
2025
5.52 ft
2025
Quality of life index
75.4
2026
63.9
2026
Corruption Perceptions Index
60
2025
33
2025
Higher education index
70
2026
82
2026
Homicides per 100K people
2.5
2023
1.31
2023
Road traffic mortality per 100K people
8.1
2019
7.5
2019
Visa free countries
171
2025
134
2025
Adult literacy rate
99.9%
2021
99.3%
2022
English speaking
45.9%
2023
55%
2025
People using the Internet
92.7%
2024
87.7%
2024

Health

Latvia Serbia
Government health expenditure per capita
$1,645
2023
$984
2023
Out-of-pocket health expenditure per capita
$577
2023
$316
2023
Life expectancy
76.6 years
2026
77.3 years
2026
Foreign aid share of health expenditure
0.14%
2023
0.0002%
2023
Physicians per 1,000 people
3.4
2022
3.1
2022
Age at first childbirth
28 years
2023
28.4 years
2023
Maternal mortality per 100K births
19
2023
11
2023
Mortality rate before reaching 5 years of age
3
2023
5.2
2023
Obesity rate
24.9%
2022
23.1%
2022
Diabetes prevalence
7.1%
2024
10.5%
2024
Air quality index
75
2026
40
2026
Tobacco use prevalence
33.9%
2022
39.5%
2022
Pure alcohol consumption per capita
12.9 liters
2020
7.89 liters
2019

Territory

Latvia Serbia
% of world land
0.04%
2026
0.06%
2026
Land area per capita
12,875 sq mi
2024
4,929 sq mi
2024
Agricultural land area
7,610 sq mi
2026
13,112 sq mi
2026
Forest area
13,214 sq mi
2026
10,516 sq mi
2026
Roads length n/a
28,222 mi
2024

In-depth comparisons

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. World Obesity Federation (2022, retrieved 2026-02-08)
  8. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)
  9. Passport Index (2025, retrieved 2026-02-08)
  10. Transparency International (2025, retrieved 2026-02-10)
  11. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  12. EduRank (2026, retrieved 2025-10-13)

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